How to measure IoT success
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Meeting business objectives with IoT
In early 2020 we measured the success rate of IoT projects – and it was low. In 2023 we have measured it again – and there has been a 28% improvement. Some initial business objectives are increasingly being met with IoT solutions, but key ones are not, particularly with IoT becoming a more central part of business operations.
Key questions related to this include:
- What has been achieved
- What do businesses really want from their IoT solutions
- To what extent are business objectives for IoT changing
- What part can latest IoT technologies play in delivering these
- How to measure IoT success when business objectives change
