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Should You Build or Buy an IoT Platform?

IoT is complex, and building in-house makes it more difficult. We’ll show you how to think about the decision to build or buy an IoT platform.

 Should You Build or Buy an IoT Platform?

A successful IoT deployment requires seamless orchestration of different components and four layers of the technology stack, including hardware, operating systems, cellular connectivity, and software.

Enterprises that decide to devote internal resources to building and maintaining an IoT ecosystem often fail to recognize the true total cost of ownership and how connectivity will drive business value. Many enterprises also neglect the risks that come with trying to build IoT themselves, such as delayed time to market, failed interoperability between microservices, and uncontrollable costs.

The “build vs. buy” decision is complex, and there are a lot of factors to consider before you start an IoT project. In this guide, we’ll show you the decision factors you should consider so you can make an informed choice about how to bring connectivity to your products.

Read this guide to learn:

  • What it means to build vs. buy an IoT solution
  • How to evaluate your core competencies vs. those of outsourced solutions
  • What the most critical build vs. buy decision factors are and how Particle makes the decision easier