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The Challenges in Bringing IoT Solutions to Market Worries Around Security, Scalability, and Competition
By Stuart Cording (Elektor)
The Internet of Things (IoT) has been around for more than 20 years, and a host of wireless technologies have sprung up to support its deployment. In the home, voice assistants have established themselves as the primary user interface to an array of smart devices. Despite these advancements, more than a third of IoT projects never make it past the proof-of-concept phase. Furthermore, the European Commission is concerned that a lack of competition in some application spaces may be hindering market entry for EU businesses. So, what are the real challenges, and what is it like to deploy an IoT solution across Europe?
70 embedded world Special 2022 www.elektormagazine.com
Figure 1: The European Commission has examined whether the big players in voice assistants, the favorite user interface to the smart home, are stifling competition. (Source: ShutterStock/Gorodenkoff)
If you want to get a feel for the technologies behind the Internet of Things (IoT), finding a raft of suitable projects doesn’t take long. Just search for “IoT” and you’re preferred prototyping platform, and you’ll be overrun with pages of projects, cloud platforms, technology comparisons, and lists of ideas. Elektor is also a great source of information. Since the term IoT was coined more than 20 years ago, our website has collected more than 600 articles on or related to the topic [1].
