Overview
The IoT market is growing and many innovators are participating in the IoT revolution by designing IoT products for different use cases. According to a recent survey, the number of start-ups and innovators developing IoT solutions is 7% higher in 2019 compared to 2018 with respondents citing security (47%), communication reliability (23%), ecosystem (13%), edge device reliability (10%), and ease of data review and analysis (7%) as the most important aspects of IoT design.
Creating an IoT product, however, is more than just writing specs and finding the right mix of electronics — the design risks and challenges are not purely technical. IoT product development also requires project management skills. Without it, IoT innovators will fail to proactively identify and mitigate design risks — both technical and non-technical — that will surface along the way. Project management is critical to keep a project on budget and on schedule.