IoT is complex, and building in-house makes it more difficult. It’s important to think long and hard about the decision to build or buy an IoT platform.

A seamless orchestration of different components and four layers of the technology stack, including hardware, operating systems, cellular connectivity, and software are all required for a successful IoT deployment. You need to evaluate and understand your core competencies and the impact of deploying your own resources against engaging an outsourced solution.

Enterprises that decide to devote internal resources to building and maintaining an IoT ecosystem can often fail to recognize the true total cost of ownership and how connectivity will drive business value. Many enterprises also neglect the risks that come with trying to build IoT themselves, such as delayed time to market, failed interoperability between microservices, and uncontrollable costs.

We can help you consider the critical decision factors, so you can make an informed choice about how to bring connectivity to your products.

For more information about how the IoT can benefit your business get in touch with Steve Kennington or Stephen Briney

Call: +44 (0) 23 8017 1244 or
Email: contactus@lumico.io