By Michael Rivera, PhD
IoT pilot projects have numerous benefits that businesses can achieve. Many companies have begun harnessing the immense potential of the Internet of Things.
For example, manufacturers have more visibility over the supply chain and can detect machine failures before they happen. This helps them improve their efficiency and business operations – all thanks to IoT.
However, it’s possible to be skeptical about this relatively new technology. The best way to know for sure is through an IoT pilot project.
An IoT pilot project is an initial small-scale implementation that allows you to test the viability and marketability of an idea. Below are some benefits of an IoT pilot project for your business.
1. Helps You Mitigate Risk
A pilot project lets you see how the technology works before investing in a more comprehensive solution. With a minimal initial investment, you reduce the risk of wasting resources or upsetting your customers.
2. Faster Implementation
IoT pilot projects can be implemented quicker than the complete solution. The turnkey implementation is like a “plug and play” project that allows you to test out your idea without wasting time.
3. Test With a Select Engaged Audience
A full-scale production puts your IoT idea to all your customers out there. On the other hand, a pilot project allows you to choose an engaged set of users that are more likely to provide valuable data.
4. Get Real Feedback
Nothing beats receiving honest feedback. With an IoT pilot project, you don’t have to guess how your customers will react and if the solution will work. Your users will test the solution themselves and let you know. So, you’ll see first-hand what works and what doesn’t.
5. Refine the IoT Solution
Starting small allows you to go back to the drawing board to make adjustments. This ensures the complete solution is ready for the large customer base.
6. Generate New Ideas
Testing with an IoT pilot project refines your current ideas and can help you generate new ones. You can find novel applications and develop complementary solutions based on customer feedback.
7. Validate the IoT Idea
The purpose of an IoT pilot project is to validate the viability and marketability of an idea. As such, a small-scale pilot helps you evaluate metrics and key performance indicators to see if the solution fits.
8. Seamless Transition to Full-Scale Implementation
A successful initial rollout makes it easier to scale to a larger audience. This smoothens the transition to full-scale implementation and makes it easier to scale up.
Conclusion
Starting with an IoT pilot project lets you understand whether an idea will work. It also helps you refine your idea, ensuring the final release is what your users want.If you’re unsure about IoT in your company, Thinaer provides customizable starter kits tailored to your business and needs. The turnkey solution is easy to deploy and can be converted into full-scale implementation quickly. This saves time and resources and allows you to test your IoT idea in the real world. Learn how it works now.