Rethinking the next mile on your IoT journey with actionable intelligence on Thursday, November 30th at 12:15 p.m. ET

In a recent article published by The Manufacturer, "Trends and Innovations in Industrial IoT," Exosite's CTO Mark Benson discusses the short- and long-term trends in the industrial IoT sector as more and more companies rely on industrial IoT platforms to accelerate their business. According to Benson, current trends are moving towards analytics offerings and continued merger and acquisitions. In the future, trends will move to integrated augmented-reality services and industrial IoT platform as a service (PaaS) will become more of an enterprise standard. Read the full article on The Manufacturer.

Speed to market is important, but a fully-functional connected product isn’t the only measure of market viability. It’s never too early to plan your go-to-market strategy to ensure you’re ready to take your market (and your competition) by storm.

The insight, conveniences, and power of the Internet has drawn in thousands of mission-critical assets and systems. With this increased power comes the increased risk associated with Internet-connecting, multi-million dollar equipment capable of causing harm to personnel and other systems. In order to create a modern, pragmatic approach to IoT security strategy, it’s important to pull from both technology and culture equally to be effective.

In a recent article "Who Does What in the Industrial Internet of Things (IIoT)" by My Tech Decisions, Exosite was mentioned as a key IoT solution start-up company. This article focuses on some of the IoT companies that are involved in the manufacturing industry and the many layers that come with IIoT. Read the full article on My Tech Decisions.

Bringing a product into the digital age requires a willingness to disrupt outdated business models, and budgeting for an IoT-enabled product implementation is likely to introduce some unforeseen considerations. Remember, when it comes to investing in IoT hardware, software, and human resources, what you pay for is what you get.

Keeping up with the rapidly changing technology landscape is a concern of most Fortune 500 companies and, with analysts predicting 30 billion connected devices by 2020, that unease isn’t going away anytime soon. In “The Organizational Psychology of IoT,” Exosite CTO Mark Benson discusses the idea that although technology is tough when implementing IoT, organizational change and alignment is tougher. He also provides case studies and best practices to help organizations dramatically increase their chances of success. Read the full article on IoT Agenda.

Once you understand the system architecture components to consider when creating your connected product strategy, it’s time to figure out how you actually put that ecosystem together. Determining where to build, buy, or partner is key to ensure you bring a full IoT experience to your users. You can do it all on your own, but it often makes business sense not to.

In a recent article published by Datafloq, "8 Mistakes that Derail IoT Projects," Exosite's CTO Mark Benson discusses how many organizations end up with a failed connected project due to a lack of understanding about the full scope of IoT. One of the most common pitfalls to watch out for when implementing IoT, according to Benson, is a lack of resources and a gap in the necessary skills to be successful. Read the full article on Datafloq: https://datafloq.com/read/8-mistakes-that-derail-iot-projects/ 

Exosite is proud to be identified as a vendor that offers a broad array of IoT platform functionality by Forrester in their latest IoT Software Platforms Vendor Landscape Report. Forrester’s Vendor Landscape Report assists infrastructure and operations executives with a way to navigate the market of vendors and software providers within the IoT space. https://www.forrester.com/report/vendor-landscape-iot-software-platforms/RES136557 

Designing and developing your system architecture is one of the most important aspects of building connected products. Because you and your customers will depend on the accuracy of the data being collected to make data-driven decisions, it’s important to make sure the ecosystem you create includes all of the integral components and is stable, dependable, and scalable.

Oct 16, 2017 – IoT Innovator has selected Exosite as a finalist in the Best IoT Software for Commercial and Industrial vertical of their 2017 IoT Innovator Awards. The editors will be announcing the winners later this month, so stay tuned. Check out the full list of nominees and the other verticals on IoT Innovator.

In the article "Does IoT Demand a Brand-New Partner Program Strategy" by Exosite's Director of Channel Sales, Jim Caraccio, discusses best practices to successfully develop and manage an IoT partner program. He mentions that creativity, continual evaluation, and being able to adapt and evolve are necessary components in order to ensure a successful IoT partner program for both parties. Read the full article on Channel Partners.

As suggested in one of our earlier blogs, the real value of your connected product is its ability to solve tangible problems for your customers or users. Data collection from connected products can be used to identify patterns, alert the right people about system-level performance, understand user behaviors, and help support teams diagnose and resolve issues in the field.

An unrefined business model poses a significant risk to the success of your connected-product deployment. It’s important to carefully consider the applicable business models to identify one that best suits your product, organization, and target market. As you develop your model, make sure you examine the comprehensive impact to top line revenue, investment and ongoing expenses on the bottom line, and competitive positioning in the marketplace.