The document discusses the dangers of a do-it-yourself (DIY) approach to internet of things (IoT) solutions. It provides 10 reasons why DIY is dangerous, including loss of focus on business strategy, high internal costs and resource requirements, security risks, difficulties with scaling, and delays to revenue. The document promotes the Xively Connected Product Management platform as an alternative that allows companies to avoid these issues by providing a complete, proven solution managed by experts in IoT security and systems.
2. The Problem:
Up until now early adopters had little choice but to
piece-together solutions, as the IoT vendor ecosystem
provided incomplete and confusing options.
The Solution:
The new Xively Connected Product Management
(CPM) platform puts an end to the DIY era by
providing one place for a proven and complete
solution for the IoT.
4. Top 10 Reasons DIY in IoT is Dangerous
1.
Loss of focus on business
strategy or problem.
Conquering technical challenges may sound fun, but
solving the business challenges is what will ultimately
drive success. Too much focus on the technology can
distract from important things like service automation
and customer support.
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5. Top 10 Reasons DIY in IoT is Dangerous
2.
Internal investment can be
time-consuming and expensive.
We estimate it can take over 150 employee-months of
development work and 11 unique long-term roles in order
to sufficiently support an IoT-connected product solution
stack.
Is that where you want to deploy your resources?
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6. Top 10 Reasons DIY in IoT is Dangerous
3.
Security is no joke.
There are multiple vulnerability points in an IoT
system that most companies do not have the internal
expertise to manage. Working with an external
partner with expertise in connected product security
can save you from the headache of getting hacked.
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7. Top 10 Reasons DIY in IoT is Dangerous
4.
Identity management is an often-
overlooked stumbling block.
Yet it is crucial when launching a product. Not only so
your end users can control their own devices, but
also so you can limit who can make changes,
updates, etc.
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8. Top 10 Reasons DIY in IoT is Dangerous
5.
Scaling brings new,
unanticipated challenges.
As companies attempt to scale by adding features or
expanding product lines, the demands on the system
change. Future-proofing your system from the start
by building for scale is important, but also complex.
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9. Top 10 Reasons DIY in IoT is Dangerous
6.
The volume of data can be
unmanageable.
Connected products create a massive amount of
data. Organizing and integrating that data into
existing business systems can be challenging, but
it’s imperative to the success of any connected
business.
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10. Top 10 Reasons DIY in IoT is Dangerous
7.
Building your own system also
means maintaining that system
for years to come.
Including updating standards, adjacent systems,
and products over time. A built-in-house system
can quickly eat up entire budgets and cripple an
organization.
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11. Top 10 Reasons DIY in IoT is Dangerous
8.
Time spent developing leads to
delayed time to revenue.
Time-to-market is king. Getting your product into the
hands of your users will give you a huge advantage
– not only financially, but also against the
competition.
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12. Top 10 Reasons DIY in IoT is Dangerous
9.
Limited interoperability leaves
you
stuck managing it all on your
own.
Companies find it appealing to build a solution in-
house because they wanted to maintain full control of
their technology. As soon as standards change, or
new integrations are requested, the modifications can
become unmanageable.
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13. Top 10 Reasons DIY in IoT is Dangerous
10.
Managing an in-house solution
distracts from service
optimization.
Once your products are in market, the data they
generate can provide a rich picture of your usage,
feature adoption and customers. If you’re continually
troubleshooting your hardware or software, it’s hard
to focus on growing your business.
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14. Hear from a Xively Customer:
“We can focus on building the applications that
make a big difference to our customers, while
leaving the platform to Xively.”
- Kyle Seaman, Director of Farm Technology
15. Want to learn more?
Visit www.xively.com/dont-DIY-IoT