![Why IoT manufacturers require PLM and ALM integration](https://cdn.shortpixel.ai/client/q_lossy,ret_img,w_1000/https://www.kovair.com/blog/wp-content/uploads/2019/11/blog-graphics-289.jpg)
In 2014 Gartner reported that 50% of new IoT products failed! This increased the questions over this new internet technology, i.e. the Internet of Things. For the investors, it became difficult to invest more; especially for electronics manufacturers.