Industryweek 13562 7 Traits

Seven Traits of Highly Successful IOT Implementers

Nov. 1, 2016
Here is why some companies succeed with IoT and others fail.

Imagine you had to do something that was completely new and didn’t get it right and that the consequences of making mistakes would be steep.

Such is the case with the Internet of Things. Some 60% of companies are planning on deploying IoT technology in the next five years to remain competitive. Few of them, however, have experience working with the technology.

Organizations planning IoT projects don’t need to reinvent the wheel. They can find inspiration in the organizations that have already successfully navigated their way through an IoT project.

How did they do it? A closer look reveals that companies that reap the benefits of IoT have much in common, both in attitude and approach.

“The organizations that achieve the most stunning results with IoT projects exhibit several key traits, such as being forward-looking and customer-centric,” observes Dan Shey, Managing Director and Vice President at ABI Research, who developed the list from his own analysis of IoT projects.

Click to Enlarge

Read More

IOT Institute is, like IndustryWeek, powered by Penton, an information services company.

Popular Sponsored Recommendations

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Enhance Predictive Maintenance with IoT-powered Vibration Monitoring

May 23, 2023
How to enhance the effects of your predictive maintenance efforts? Discover new perspectives on maintenance challenges. Download the free white paper to learn how to unlock the...

The Benefits of Continuous Thermal Monitoring

Oct. 17, 2023
Read this eBook to learn more about collecting and using data intelligently to improve performance.

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!