Despite all of the amazing capabilities sensor technology and Internet of Things (IoT) solutions deliver, deploying these systems can be a challenge.
A study from Penton’s IoT Institute – an online community for professionals to exchange information about IoT – found that 38% of companies don’t integrate IoT into their operations due to high implementation costs.
What’s behind these costs? Why is it that many IoT technologies are too complicated to put into action?
“33% of business leaders say they don’t have the infrastructure to support IoT.”
Revisiting the IoT Institute study, 33% of business leaders explained that they don’t have the infrastructure to support IoT. While it’s true that companies from AWS to Microsoft offer Cloud services designed for sensor technology and IoT solutions, these services aren’t free.