The Internet of Things (IoT) is the leading digital transformation initiative, according to a recent IDC survey[1]. That’s because organizations are finding that IoT applications help them achieve cost savings, improved productivity, and better product quality, as well as other benefits.
For example, a condition monitoring app can help manufacturers proactively identify and diagnose production line issues before they occur, reducing expensive downtime. In addition, this IoT app can provide real-time data to help managers improve machine performance and maintenance scheduling decisions.
While there’s little question that IoT apps make a significant impact on the business, there are challenges around building them. Application development is a time-consuming, resource-intensive process. It requires not only IT infrastructure capacity but more importantly, skilled human talent. And this is a growing problem: The IDC survey found that an ongoing skills gap is making it difficult to hire the developers necessary to build IoT apps in a timely fashion to reap business value. There’s a faster way to get the return on IoT that also accelerates digital transformation.