The scalability and technical expertise are the fundamental building blocks of designing and implementing any IoT solution. However, as end users become more aware of the Internet of Things, their expectations for higher quality services are evolving at a rapid pace where “Do-it-Yourself” (DIY) solutions are not able to keep up. 

Nevertheless, many manufacturers are still attempting to design their own IoT platforms, leveraging existing technical resources and technologies. Because IoT platforms require constant management and have a number of commonalities across application domains, developers should ask themselves a few key questions as they define their requirements:

  • How quickly can you get to market? Time-to-market (TTM) is directly affected by how long it takes development cycles to pass their requirements acceptance test. Do you have the right tools or processes to get to market quickly?
  • What else can you do with your development resources? Think, opportunity cost. Can you dedicate manpower and investment dollars to something else that would generate more revenue? Can you make your crowdsourcing windfall last longer? Opportunity cost directly affects TTM.
  • How will you economically deliver a Total Cost of Ownership (TCO) benefit? After you have sold and deployed physical components, like thermostats and refrigerators, what do your users need to spend (in time and money) so that the component works as expected? How much will you spend in support costs to meet your customer service metrics? How will you address security and data management?

Instead of trying to build your own IoT platform, focus on analyzing the data and improving your application. Partner with an IoT service platform to maConnected_Business_image.pngnage the rest of the equation so you don’t have to. By partnering you, as a manufacturer, are able to focus on areas that will differentiate your products from the competition. Focus on the data and the application.

For example, data gives you insights on what features to include on the home page of a display, how to structure a warranty service programs, etc. The data expands your ability to monitor and measure events that are happening with your devices, and consequently allow you to improve the user experience.

The real value is in the insights you can derive from your data. For the other important components of the IoT service platform outsource the functions to a dedicated IoT service platform, like Ayla Networks.

Ayla Networks provides the industry’s only IoT Platform-as-a-Service (PaaS) for device manufacturers who are looking to develop connected products. Ayla’s Agile IoT Platform addresses the three critical components of IoT PaaS—connecting devices to cloud services at scale, generating insights from sensor data, and delivering a consumer mobile experience.

Ayla Networks enables manufacturers to focus on their competitive differentiators, providing the managed platform so you can deliver a superior customer experience.

To learn more about how these emerging IoT service platforms are simplifying connected product development and shortening your time to market, download our white paper IoT Service Platforms: Some Assembly Required?

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