Getting IoT Technology Partnerships Right
The Internet of Things (IoT) is constantly evolving, and so is the way people interact with the world. The latest IoT advances promise to bring smarter cities and driverless cars, but fulfilling this vision requires that vendors understand the complexity of multiple technologies and the rapid pace at which they’re changing.
The fact is, no company can create an IoT solution alone, and vendors increasingly must form strategic partnerships that give them access to all the necessary complementary technologies. Today’s IoT partner ecosystem is so fragmented that it’s easy to forge weak alliances leading to solutions that deliver a poor customer experience. On the other hand, an effective partnership will speed up the time to market for solutions that not only optimize the customer experience but also protect users and their personal data against growing cybersecurity threats while offering the scalability to support growth and changing requirements.