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OEMs Need to Adopt IoT Platforms and Move Up the Value Chain
For industrial OEMs seeking to go to market quickly and sustain a competitive market advantage, using a multi-dimensional Internet of Things application development and deployment platform can help to jumpstart and shortcut the product-development cycle.
Even the most seasoned industrial OEM can find developing these applications to be a daunting task—or, at least, one that can detract focus from their engineering team's core competency. One global medical OEM with billions of dollars in annual sales reported that it had spent more than 24 months and millions of dollars to try and develop one management application.
For example, these are just a few of the elements that would need to be developed for a device-management application:
• User registry—who has what access rights and to what?
For industrial OEMs seeking to go to market quickly and sustain a competitive market advantage, using a multi-dimensional IoT application development and deployment platform can help to jumpstart and shortcut the IoT product-development cycle. This kind of IoT platform, such as Lantronix's MACH10, would provide the essential applications for device management and still enable customization, helping industrial OEMs to accelerate their IoT product-development efforts.
There are clear benefits to industrial OEMs that can leverage these types of solutions. It reduces product-development complexity and total cost of ownership, helping OEMs to bring products to market faster, maintain a competitive advantage and focus on their own core competencies to deliver enhanced customer experiences.
Shahram Mehraban is the VP of marketing at Lantronix, a global provider of secure data access and management solutions for the industrial Internet of Things (IIoT). Prior to joining Lantronix, Shahram served as the marketing director and chief of staff of the industrial and energy solutions division of Intel's IoT Group.
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