Adopting IoT takes time

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Internet of things is not just linking devices to the internet. This dialog is overused for many reasons everywhere. The real reason IoT is adopted is to solve real-world problems that involve intelligent decision making. If a machine can help us and suggest better ways, that could be a way to do so. This article is written based on the insights given by Hrishikesh Kamat, CEO, Shalaka Connected Devices.

Maturity phase

Hrishikesh Kamat, CEO, Shalaka Connected Devices

Today, one can find much help in the market through vendors who can provide components that are optimized and reliable. This was not the case a few years back as there were very less IoT implementations. “It would be like handing over a smartphone to an octogenarian. They would appear scared to use this subtle slab of glass with a lot of interaction involved. They have to be trained through a telephone, then a feature phone and finally a smartphone to understand its use and agility. Similar is the case with industries and people involved with IoT. There was a time when the need for analytics and cloud was an overwhelming affair, but today it is an inevitable one,” says Hrishikesh Kamat CEO, Shalakha Connected devices. Naturally, the people in the ecosystem you see today are matured enough as they have seen it developed through time.

Challenges of building IoT use cases

In the last two years, people have selling IoT products to customers showcasing all the heavy jargons like sensor gateways, edge security, and reliable cloud storage etc. The reactions of engineers are sublime as they know the reality and all the information behind implementing an IoT solution. Though it is not rocket science, it does pack some challenges of its own.

Building IoT solutions take time. If you ask the engineers, it requires a lot of referring and cross-referring scientific, scholarly articles and not just searching on the web. After the initial research, the blueprint and POC have to be made, it has to match with the customer’s expectation. Building and testing this takes a lot of time. Everybody involved in IoT projects must keep in mind the upgrades and updates. They have to make room for such updates and upgrades as it would make the project look obsolete once the final product is out in market against the others.”This happened when we were working on a project integrating Bluetooth 4.2 into the project. Almost during completion, Bluetooth 5.0 was released. The upgrade provides more connectivity, battery and security enhancement. This taught us a lesson that we need to finalize features and allow room for upgrades in future” says Hrishikesh Kamat.

With all the upgrades and cost-effective hardware, it is possible for engineers to create the proof of concept at 1/10 of the cost and add enhancements to the remaining budget.

Managing IoT Projects

IoT projects are often more ambitious and they have to meet the management expectations too. There are challenges from management, customer and tech team who is working on it.

The decision makers at both the end must feel beneficial about it. “The benefits are not seen in the earlier stages.” Says Hrishikesh. For example, IoT in security and maintenance is well understood a costly affair to implement. There must be adequate investment and support by the management to bring about the best in the product and before it goes to the market. They must be aware of this aspect at every level of management in the company.

IoT is a long-term business

The people involved in doing business in IoT must spend more time in exploring the perfect problem. Having a good watch at the market can reveal a lot about what market needs and solutions could be deployed accordingly. With moving time, there will be more emphasis on awareness and better solutions will be formulated as it will be a long-term business opportunity waiting to be tapped.

For more such interesting stories, read more.

To know more, attend Hrishikesh Kamat’s talk on “HOW TO FIND AREAS THAT ARE LOW RISK AND HIGH VALUE FOR IOT APPLICATIONS at EFY Conferences 2018

 

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