build
to
of IIoT implementations “squander their transformational opportunities.”* Don’t let that happen to you. Take this short quiz to learn which IIoT implementation would best align with your budget, timeline, and resources.
or
buy
80%
?
*IDC Technology Spotlight
What is your budget for IoT?
1.
We have budget for up-front costs.
We are still discussing budget decisions.
We have planned out to support long-term growth, expecting cost to increase as our IIoT becomes more complex.
When do you expect to fully see ROI for your IoT?
2.
Yesterday—this is a top priority across the field and internally.
We need to get value as soon as possible, ideally within weeks.
We can wait, this is expected to take years.
What kind of scalability do you expect to need?
3.
Short-term; we have one singular pilot project and that’s all we’ll need.
Not sure; we are still figuring out our needs.
Long-term; we want to stay scalable across any potential projects and drive value in multiple ways.
What kind of internal support do you have?
4.
Not sure; we still need to align IT and OT to figure out what support we have.
We have in-house IT experts and specific IoT experts who can support digital transformation scalability across sensors, security, software development, data science, cloud architecture, edge computing, and the entire enterprise.
Minor; we can support the initial set-up, but not much more.
Pre-built IIoT solutions come with out-of-the-box features that provide value within weeks in the short-term and seamless scalability in the long-term. There is typically minimal development time needed internally and immediate ROI for multiple use cases.
Although building internally often means lower up-front costs, buying an IIoT solution is more economical in the long run, as it includes faster time-to-value, better scalability, and expert support at every step along the way. Meanwhile, building in-house might be cheaper in the short-term, but exponentially more expensive over time and much harder to scale, support, and manage.*
buying
an iiot solution from a vendor
* IDC Technology Spotlight
start over
Based on Your Answers, You Should:
explore
For more about the pros and cons of different IIoT approaches, read Build vs. Buy for Industrial IoT Solutions: A Guide for Business Decision Makers.
Whichever IIoT approach you choose, it’s critical to consider the impact beyond implementation. This often means starting with alignment strategies across the needs of your business, technology, and people. For example, many manufacturers that take the in-house approach struggle with unexpected challenges, costs, and scope creep.* Balancing short- and long-term needs is vital as you plan your IIoT strategy.
* IDC Technology Spotlight
start over
Based on Your Answers, You Should:
of your internal needs
more
explore
For more about the pros and cons of different IIoT approaches, read Build vs. Buy for Industrial IoT Solutions: A Guide for Business Decision Makers.
If your planning includes the resources to support all the complex needs and challenges of IIoT—or if you don’t expect to scale beyond a simple pilot project—an in-house build is your best choice.* Building IIoT internally also often means lower up-front costs and easier cross-departmental buy-in.
Where in-house builds often struggle is providing time-to-value, scalability, and expert support—ensuring you can overcome those challenges is a crucial first step to any IIoT implementation.
Based on Your Answers, You Should:
* IDC Technology Spotlight
start over
For more about the pros and cons of different IIoT approaches, read Build vs. Buy for Industrial IoT Solutions: A Guide for Business Decision Makers.
an iiot solution in-house
building
explore