Success relies on managing smart products across the lifecycle. In this report, we highlight the core obstacles and emerging strategies shaping the future of smart connected products and the Internet of Things (IoT) market.
IoT and connected devices continue on their path of growth and significance, and OEMs are slowly but certainly recognizing the strategic need to adapt. As the global market accelerates toward a software-centric economy, OEMs must navigate new technical, operational, cultural, and strategic hurdles to remain competitive while generating business value. Failing to do so risks business survival.
To gain a deeper understanding of the challenges and priorities shaping the IoT market today, Northern.tech surveyed over 500 professionals across a broad range of industries, company sizes, and roles. From agriculture to aerospace, startups to multinational enterprises, engineers and developers to top executives, those responsible for delivering today’s IoT products and imagining tomorrow’s innovations voiced their perspectives, insights, challenges, and concerns.
In this report you'll find insights and data about:
- Key drivers in the market
- Managing risk, cybersecurity & regulations
- Competing in the IoT market
- Managing IoT products across the lifecycle
- The software-first future of next-generation products.
As market growth is already underway, OEMs that fully embrace adopting software-centric thinking and a device lifecycle management (DLM) strategy will leap ahead of the curve, ultimately cementing themselves at the head of the next wave of technological innovation.
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