Leaders In IoT Provide Quick Time-To Value
In a field of bewildering expansion, IoT will begin to see the consolidation of platforms into clear leaders. One of the main defining factors, as the IoT technology space begins to contract, will be the ability to demonstrate immediate results for customers. Cloudleaf, for example, is easily deployable, where companies can quickly determine if it is the right technology solution for them.
“This summer, the number of IoT platforms surged to 450, according to IoT Analytics, up from 260 two years prior. But as 2017 draws to a close, the platform market seems frothy and fragmented, recalling the mid-1990s when a large number of search engines emerged in the early days of the modern internet.”
“The IoT platform vendors that survive will have proven they can help their customers win short-term efficiency gains and address operational and business problems in a compressed time frame, Arora said. “I talk to a variety of Fortune 500 companies, and many of them complain the time to value for an IoT platform is anywhere from six months to a year,” he noted. “They can’t afford to wait that long to see results.”
Read the full article here.