Why do Internet of Things projects so often fail? Company culture.
Having already explored one major reason – business aims not thought through – the next reason is a much deeper issue, one that you might not have thought about: Your company's organizational issues.
Culture, internal strategy, resistance to change, inability to integrate, coordination and collaboration in different teams - these are all factors that often plague companies in small ways. But when you are implementing IoT within the framework of your corporation, it can cause everything to fall apart.
This is why you have to explore the importance of cohesion within your business. IoT touches on everything. Literally. This is why cohesion is so important to IoT success.
A study by Beecham Research illustrated the findings in detail (as shown in our whitepaper, which you can register for immediately below). However, the facts presented don’t solve the issue. They present the issue.
A successful IoT project needs to take a company-wide approach, specifically by creating collaborative solutions and expanding the utilization of IoT far above and beyond just one division. Here’s what it means to you:
1. Create joined-up solutions
Think of vending machines as an example – you benefit from IoT optimizing replenishment schedules when you have access to the real-time data gathered from each and every machine. From there, you can adjust ordering and even improve decision making. That’s a long-term ultimate benefit, of course, but simply gathering the data wouldn’t be enough.
Integration of IoT to accomplish such a long-term benchmark in this case would require synchronization with enterprise apps, cloud services and more to automate actions, workflows and beyond. To leverage IoT for vending machines, you have to align integration with literally everything involved in the business.
But not just everything. Everyone, too.
2. Make IoT for everyone
One of the biggest mistakes companies make is defining IoT integration as something only involved with IT. That’s a small piece of the pie when integrating IoT in systems that, ironically, rely on your IT experts. Why not encompass everything from operational technology (OT) to the manufacturing floor and more?
This is possible given the power of self-service IoT, with IoT platforms that get you up and running in minutes. Connect a device and view its data. Create a real-time interactive dashboard. Define rules to monitor and act on events. Do all of this without calling on IT or writing any code!
Will you be ready before launching your IoT project?
The answer is as simple as saying “let’s get it done” together, collectively, cohesively as a team. There’s a reason why Beecham Research presented the obvious facts – the lack of cohesion makes it very difficult to implement IoT successfully.
Culture is crucial, but it is only one aspect of the framework you have to put in place. With so many other pitfalls in your way, it’s no secret that – to this day – businesses stumble when trying to integrate IoT into their daily processes and procedures.
You have the opportunity right here to examine all the rest of the issues facing businesses implementing IoT today – as well as tips to succeed – in this free whitepaper. Click below and download it today!