How Mature Is Your IoT Strategy? A New Model For Understanding And Plotting Your Progress

"Failing to plan is planning to fail." This popular adage, often attributed to Benjamin Franklin, is especially true as organizations seek to shift to new digital business models and develop IoT solutions in a rapidly evolving technology landscape. Without a clear vision and a model of the concrete steps needed to achieve success, organizations will continue to struggle with implementing IoT. Without a clear vision and a model of the concrete steps needed to achieve success, organizations will continue to struggle with implementing IoT. In fact, according to a recent Forbes Insights/Hitachi survey of more than 500 global executives, 57% say their current IoT initiatives are either not meeting expectations or aren't yet showing any clear signs of success.