IoT or Internet of Things is transforming people’s lifestyle and their way of working. With the intervention of the IoT in modern-day technologies, the connectivity among people and resources can be well-established and accessed as and when required. Businesses are implementing the Internet of Things technology to enhance their profitability. It is estimated that more than 41 billion devices will be connected by 2025.
Despite its wide popularity, studies show that more IoT projects fail than succeed. So, let’s see why this happens and how we can reduce this failure rate.
The Reasons for Failure of IoT Deployments
Internet of Things-based projects differs from conventional IT projects in many ways. It is important to acknowledge these differences. Otherwise, the interpretation of the project complexity and scope becomes difficult. Also, the lack of collaboration and expertise contributes to the failing status. So, here I will portray a few reasons for IoT deployment failures in detail.
Lack of Proper Planning Strategy
For every IoT-based project, proper planning plays a vital role. Without proper deployment planning of the Internet of Things, it becomes tough to assess the project’s complexity and characteristics at every stage. And this might cause the entire project to fail.
Regulatory Barriers
Connectivity regulations vary based on the countries. Some nations have open skies, while others put up barriers. This causes the satellites to be able to send signals to a few countries, but not all. So, you must know about the regions where the data signals will be allowed to enter. Else connectivity establishment will never be possible. It will thus hinder the success of the projects while deploying the Internet of Things.
To avoid such a situation, make sure that you use a certified device. Also, authorize your network and radio frequency. Try to work with global telecom providers and always stay updated about the regulatory norms.
Lack of Skilled Professionals
Being a new technology, everyone working with the Internet of Things is in the learning stage. Hence, it becomes challenging to club IoT knowledge with business skills like planning, developing, and end-to-end execution.
Constant upskilling can be the only way to gain the needed expertise in this field. With time, we expect the Internet of Things to become a well-known and extensively used technology, with many experts.
Cybersecurity
Since many networks and devices are associated with this technology, there lies a huge risk of cyberattacks. The systems can get hacked or sabotaged, and important data can be compromised. Most IoT projects fail at this stage as they do not follow the basic security requirements.
Making a network safe from intervention can be costly. So, keeping that in mind, we must fix the budget of the project. The projects should have a design that can combat any malicious attack. And for that, proper planning and knowledge of technologies will come in handy.
Conclusion
There are many reasons that don’t allow the deployment of IoT to succeed. And thus, we are unable to receive the ultimate advantages of this technology. So, let us find out where we go wrong and try to bring out solutions that can help us move ahead with this new emerging technology.
