IoTgnosis

Stuck in POC mode ! Anyone that has been involved with IoT for some time knows that most IoT projects start as a Proof of Concept that in the great majority of cases never evolves to full-fledged business implementations. It is called ‘Stuck in POC’ mode, an all too common ailment in the IoT industry. What are some of the reasons for this? Let us look at a few. Exploratory   Projects: Projects like these are often started with the best intentions – let us put together a small team to explore IoT and what it can do for our business. The problem is that these projects are seldom staffed with the complete IoT stack expertise (Thing – Connectivity – IoT Cloud – Apps) and are underfunded from a lab and equipment perspective, leaving some engineers with limited resources to try to bring up a proof of concept that has no resemblance to a complete IoT solution. Proper Budgeting and Staffing: When a new product or system development project is started, proper budgeting is key. I

After reaching the peak of inflated expectations five years ago, IoT spent the last four years in the ‘trough of disillusionment’ before finally coming up the slope of enlightenment where we are today ( Gartner IoT Hype Cycle ). So, what happened during those four years that got us to the point where we are beginning to see IoT projects emerge on a substantial scale? The answers are both obvious and somewhat unexpected. Three key areas of IoT evolved! Semiconductors (Chips) For the last 50 years the semiconductor industry has been driven by Moore’s law, roughly a doubling of processing speed and memory capacity every two years. For IoT this has tremendous impact as what makes a device Smart – or a Thing – is the ‘potential’ addition of processing power AND connectivity to every conceivable product. The reason I say potential is that this is only feasible if adequate processing power and connectivity can be delivered at an acceptable cost – and only drawing power so that devi