By Max Nirenberg, Commit USA 08.03.2021
In our hyperconnected world, it’s not only “things” that are connected but organizations, people, and other systems as well. Instead of IoT, we should be talking about IoE — the Internet of Everything — a network of connections between smart things, people, processes, and data, with real-time information flowing between them.
IoE is placing more emphasis on the results and value gained from managing many different connections, meaning it’s not just about generating troves of big data or machine-to-machine (M2M) interactions, it’s also about securing that data, respecting privacy concerns, and intelligently managing it with the various tools available. But many fail to comprehend the depth of these requirements or think it costs too much to learn what’s necessary to design a product properly —a key reason why 75% of IoT projects fail and nearly 1/3 never get past the proof of concept phase.
The fact is, though, the most common pain points with developing smart devices —such as a lack of human resources or budget or regulatory and security concerns around storing and protecting data — must all be accounted for without cutting corners during development. This is true for multinationals and startups alike, who must carefully account for security, scalability, interfaces, user experiences, and more factors.
Best Practices to Cut Costs and Boost Development Success
Developing and implementing IoT for the IoE age requires a range of specialists from UI/UX and graphic designers to product managers, software architects, front-end and back-end developers of various types, QA managers, database specialists, DevOps engineers, and more.
Additionally, crucial R&D elements like securing data must be addressed outright and continually fine-tuned. Therefore, if best practices cannot be followed in-house, organizations can benefit from trusted partners that can lend their expertise whenever needed. Once you have the right experts, improving development efficiency and the odds of success begins by:
Develop Smart with the End Goal in Mind
Along with people, processes, and data, smart devices will be increasingly integral in our connected world. But whether you’re developing solutions for manufacturing, distributing, selling, or analyzing post-purchase behavior, it is crucial to control spending without cutting corners.
Development teams and their partners should be chiefly concerned with the original driver of IoT and other technologies — the needs of a business or user — and ultimately, how to best get quality end results. This requires considering all parties involved and looking at development from a multi-disciplinary, end-to-end, future-facing perspective. Teams that do this drastically increase their chances to lead in the IoE market for years to come.