Gartner Research

Unique Skills Product Managers Must Possess for the Commercial IoT Market

Published: 17 March 2022

Summary

Building skilled product management teams to compete in fast-paced and competitive commercial IoT markets remains challenging. Product managers must possess business and technology skills that deliver on customer outcomes and emerging tech in such areas as smart buildings, healthcare and retail.

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Overview

Key Findings
  • Commercial IoT solution buyers are looking to extend the capabilities and functionality of their IoT solutions to include multiple use-case applications, placing a challenge on tech service providers to map out customer journeys beyond the single prevalent use-case adoption.

  • Commercial IoT applications are increasingly expected to provide deeper predictive and prescriptive insight, calling for tech service providers to invest even more capabilities based on AI and ML components.

  • Cloud infrastructures remain an accepted path for most commercial IoT clients, with edge providing tech service providers opportunities to deliver on client requirements.

Recommendations

Product managers tasked with product leadership who want to build

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Analysts:

Emil Berthelsen

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