Top three IoT deployment factors to consider

March 23, 2022 - Research W40

As Internet of Things (IoT) technology becomes more economical, we see a proliferation of interconnected devices. IoT has a wide range of practical applications, from predictive maintenance of physical assets to remote patient monitoring in the healthcare sector. Nucleus found that businesses that implement IoT in their daily operations can improve their organizational visibility, increase productivity, and even reduce operational costs. However, deploying IoT comes with its own set of challenges. IoT encompasses various aspects, ranging from hardware compatibility to cybersecurity vulnerabilities. The more devices connected to a network, the more complexity will arise. Some notable factors that will significantly impact the future adaption of IoT technology are total cost of ownership (TCO), cybersecurity threats, and IT constraints.