When it comes to developing applications and technology deployment, IoT projects are stalled almost 60 percent of the time, according to a recent Cisco survey. Since the potential of IoT technology is high, the projects can be a huge success if conducted and deployed successfully.
Though IoT application development is increasing at a rapid speed, designing and deploying IoT strategies is still more challenging than executing other software initiatives as it involves different business and operational units to work in harmony rather than giving the overall control to IT. Due to this, even the most successful organizations can find it overwhelming to create and execute a successful IoT strategy.