The Internet of Things, or IoT, certainly is getting a lot of press and this is expected to continue, opening the door to a wave of consulting opportunities. Companies are interested in testing how IoT can help transform their business processes and offerings, and are looking to consulting firms for their expertise in IoT to educate stakeholders and devise a business case for investment.
To be a top IoT consulting provider, there are several key elements a firm must have:
As IoT rapidly gains client interest, consulting firms are formalizing and building out their portfolio of offerings, which is laying the ground for a very competitive market. To be a top consulting firm in the IoT consulting market, firms must be able to meet the current market demands, while also preparing for future demand. As companies become more aware of IoT opportunities and benefits, security and privacy will grow as a concern. Cybersecurity consulting services will be in high demand to develop protocols and measures to keep devices, the network and information as secure as possible. Additionally, companies will be seeking guidance in navigating through the expanding pool of data, privacy and cybersecurity regulation as they formulate their IoT initiatives.
Erin is the Senior Analyst and Lead for IT Consulting Research for ALM Intelligence