Why Gathering Requirements Is Critical for Your IoT Solution

The Internet of Things (IoT) has enabled people and devices to connect in ways that were once unimaginable. The World Economic Forum predicts there will be over 41.6 billion connected devices by 2025.  

IoT technology’s primary objective is to enhance the benefits machines bring by leveraging: 

  • Vast amounts of data 
  • Analytic tools
  • Processing power 

Many companies are eager to tap into IoT solutions’ commercial and operational opportunities. However, a rush to market can have disastrous financial consequences. Planning and preparation are critical and begin with defining requirements, such as: 

  • What is the business case? 
  • What pain points are being solved? 
  • How much are people willing to pay to eliminate the pain? 

Defining requirements is not a static exercise. Instead, it is a disciplined process that must occur before and during the project.  

Once the business case is defined, the project can bring the customer and technical team together to start the design. The design phase will have requirements to define as well. From there, the focus will shift to technical requirements and then to production and certification, each with questions to be answered. 

Join us for a webinar to explore how to gather requirements for IoT solutions. We will discuss the steps to define the requirements for each phase of the IoT solution project. 

You will learn: 

  • The process and importance of defining an IoT solution’s requirements 
  • Critical questions to ask during each project phase
  • How to manage an IoT project from start to finish