It is no secret that there are still companies that are struggling due to the complexity involved with deploying IoT projects. Many organizations are still challenged with trying to move past the pilot or proof-of-concept stage into commercialization. A survey by Microsoft reported that while 88 percent of companies view IoT as critical to their success, still one-third of their projects failed at the proof-of-concept stage. The study went on to find that this was due to the high cost of implementation and the lack of clear benefits to the bottom line. As a result, smart IoT-centric platform providers are ramping up their consulting practices to offer more help to integrators, solution providers and end users. The story that follows describes what number of these IoT platform providers are doing in this regard.
Some of the biggest vendors in the IoT space are investing in systems integration and consulting capabilities to tackle the complexities of deploying the technology in the field and help customers achieve desired business outcomes faster.
In the past year, IoT platform providers Hitachi Vantara, PTC and Siemens as well as Rockwell Automation, a significant industry vendor, have gained such capabilities, albeit through different paths. While PTC and Rockwell Automation acquired systems integration partners, Hitachi Vantara merged, internally, with another Hitachi organization. Siemens, on other hand, recently launched a new IoT systems integration practice called Siemens Advanta.