Across industries and across use cases and business processes, organisations are increasingly implementing Internet of Things (IoT) applications to improve operational efficiencies, enhance existing offerings, and bring new offerings to market. At the heart of each IoT deployment is the connected device, or endpoint – the “thing” in Internet of Things. In designing your IoT endpoint, you must consider how the underlying technology of the solution relates to the device itself – it must support the desired network technology, application capabilities, security requirements, etc.
Once it has been determined what functionalities, device standards, and other technologies an IoT endpoint must support, your organisation must make the critical, fundamental decision: should we build the endpoint from scratch or buy an off-the-shelf option? Both options have their advantages as well as their disadvantages. Ultimately, you have to determine which will be more cost and time-effective for your business.