Agility for IoT Solutions

Speed to market is a critical success factor of IoT solutions

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Speed and quality are two key focus points in IoT (Internet of Things) solutions. The traditional view is that speed and quality are the competing aspects of product development; therefore, solutions used take much longer than the current solutions.

However, in this economic climate, leading intrapreneurs in large business organisations and entrepreneurs for the startup companies changed the norm with a disruptive principle of MVP for competitive advantage.

This perception of the faster the product development, the less quality it may have is still pervasive. However, in this economic climate, speed is as important as the quality, if not more important.

The driving cause is that consumers want products or services faster than before. Therefore, business organizations are under tremendous pressure to serve their customers due to ever-growing consumer demands.

IoT solutions are usually created with utmost urgency due to their nature and the high expectations of the stakeholders. The product or service owners are under constant pressure to take their products and services…