Gartner Research

Important and Compelling Innovations for Commercial IoT Use Cases

Published: 18 May 2023

Summary

Innovations in networking technologies, platforms and edge AI techniques are opportunities for product managers to evolve and innovate on existing IoT use cases. Product managers of commercial IoT solutions must evaluate the value of their IoT use cases against the latest innovations.

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Overview

Key Findings
  • Internet of Things (IoT) solution configurations are dynamically changing due to wireless and machine learning technology innovations.

  • Commercial IoT solutions have avoided complex cross-sector IoT platform issues by developing industry specific solutions. However, it has led to limited opportunities for scale.

Recommendations

Product managers managing the life cycle of commercial IoT products and services through evolution and innovation must:

  • Exploit networking and analytical innovations such as edge artificial intelligence (AI) and low-power wide-area (LPWA) networking technologies to create differentiated performance.

  • Scale IoT solutions beyond specific use cases by extending enabling platform capabilities, analytics tools and networking technologies to manage multiple IoT use

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Analysts:

Emil Berthelsen

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