It’s easy to get excited about IoT – but if you’re considering an IoT solution, it’s important to proceed with caution. Decisions should not be made based on an executive who went to a conference and bought into a sales pitch. There are a number of things you need to think about before committing to a provider.

We’ll discuss, in this article, how you can assess IoT suppliers in a meaningful way, without getting drawn into the marketing hype. These are the three most important questions you should be asking any potential IoT partner to help determine if they’re right for your individual business requirements…

  1. Are they a specialist or a one-stop shop?
  2. Do they have experience in your market?
  3. Will they be able to scale with your operations?

Are they a specialist or a one-stop shop?

Understanding the breadth of capabilities and the specialization of your potential provider is crucial. Specialists tend to focus on a specific area of the value chain – like devices or connectivity — whereas one-stop shops tend to offer solutions that cover hardware, software and services – an attractive option for many companies.

If your business wants to outsource the entire build of your IoT solution, partnering with an end-to-end provider like CoGo is more beneficial. Using Dynaway’s asset management platform, we expertly handle your whole project with optimal integration allowing you to bring your people and equipment together more easily.

Do they have experience in your market?

When it comes to IoT, partnering with a proven provider with a wealth of expertise is recommended – even more so when that experience is related to your specific industry. IoT suppliers who have an intimate knowledge of the types of machines and equipment being connected are more likely to deliver superior results.

CoGo has decades of experience helping asset intensive industry leaders transform their businesses. Every member of our team lives in asset intensive industries and allows companies in manufacturing, mining, oil and gas and forestry to unlock the power of place. We understand, design, build and use the products we sell.

Will they be able to scale with your operations?

Chances are your IoT project will continue to grow with your organization – and as the number of your connected devices increases, you need to be able to handle any issues. Device performance, network capacity, cloud throughput, and data storage can all be negatively impacted if you don’t have flexibility or scalability.

Your chosen supplier needs to meet your requirements both now and the future so you can stay efficient and keep moving in the right direction. As the native asset management system for Dynamics 365 Business Central, CoGo connects all the dots in your business and has the capacity to deliver consistently outstanding results.

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