CABA Information Series
(IS-2014-161) IDC Workbook on Investing in an IoT Solution
IDC report offers guideline for analysis of IoT investment strategies: (1)Plan for the number and intensity of initial solution deployment activities; (2)Demand for a connectivity management platform; (3)The investment (fixed and variable) and IT support for the applications and data analytics required to generate value of an IoT deployment. IDC defines IoT as a network that connects devices, or "things," and always includes autonomous provisioning, management, and monitoring. The IoT components include devices (or endpoints) that will be connected, the connectivity, the platforms to manage the endpoints and applications, and the analytics capability required to manage the data and turn it into something meaningful for decision makers to act on or review.