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Show Notes
Peggy and Dan Miklovic, research fellow, LNS Research, explains why companies struggle to get past the proof of concept on the industrial IoT side. He says too often companies pick a technology they think will be useful and implement it, but they haven't thought about how they are going to change business. On the other hand, there are companies that know exactly what they want to do and then they try to do a proof of concept, but the technology is not yet economical or it is too fragile. The tips to be successful is to find that sweet spot where you are using technology that is ripe and ready for deployment and using it to solve a business challenge.