In AN-2410, Turning IoT Vision into Reality: Top 8 Questions to Build a Successful IoT GTM Strategy, ABI Research outlines a series of questions that enterprises need to address to turn their IoT vision into reality. The eight questions are answered in depth within the previous application analysis and can be summarized as follows: align IoT use cases to customer needs and your strategic objectives; reach internal stakeholder alignment for solution rollout and to determine build vs. buy; and maximize long-term success by strategically aligning IoT supplier and partners, proper data governance models, and lifecycle management operations choices with organizational end goals.
The focus of this application analysis is to provide insight to enterprises on overcoming the last challenge of choosing the right IoT solution partners. The analysis will provide a review of the IoT value chain across hardware, connectivity networks, and value-added services providers. It will then outline the top six assessment criteria that can be used to select suppliers to create an IoT solution within each value chain component. The analysis will conclude with four market segment examples identifying the critical IoT value chain elements and important supplier requirements using the assessment criteria mentioned above.