The IoT represents a unique set of challenges that pose a real threat to its utility as an engine of economic growth. Fortunately, the problems encountered so far are solvable, although it will probably take some time to determine exactly how to handle them and what level of optimization is needed for the multiple IoT services that are certain to arise.
IoT Lack of Skills
The IoT is brand new, so it’s no surprise that most enterprises, and even many cloud providers, lack the institutional knowledge to optimize operations. According to Cisco, the majority of Big Data and IoT initiatives fail due to a lack of expertise, poor cross-team integration, and an inability to generate high-quality data. These issues will fade over time, but for now they represent some of the key challenges to successful outcomes.
