7 reasons why IoT Device Lifecycle Management Platform is Essential for Connected Device Development
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Managing devices smartly is a very important activity for any product company. IoT Device Lifecycle Management platforms can enable seamless and proactive management of programs concerned with connected device development.
In the last decade, the use of connected devices has skyrocketed, both in industries as well as homes. According to Markets&Markets, the combined market for these platforms is expected to grow at a CAGR of 29% between 2016 and 2022 to reach $30 billion by 2022.
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Advanced Gateway Module Development for a Home Automation Solution
Many companies have to manage large volumes of interconnected devices which is considered to be a major challenge. According to a Device Pilot study, about 88% of companies find device management as a major concern and are incorporating methods to manage their devices seamlessly. In such a scenario, a platform is needed to manage all on-field devices with ease. This is where device lifecycle management comes handy.
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IoT Test Automation of a Home Security System
For any product company, the real time data derived from the usage of the devices can give great insights in order to deliver better utility. For any organization, this data could be very vital to continuously improving the product functionality. This will in-turn increase the product satisfaction rate among consumers.
eInfochips offers IoT Device Lifecycle Management solutions, providing a platform for remote upgrades and perform maintenance for your devices. This enables considerable reduction in device downtime and improve productivity of employees. Automating the process also brings significant improvements in the operational efficiency of the business. With automated alerts and remote troubleshooting, it has helped many stores to remotely manage their devices with ease.
If you want know more on IoT Device Lifecycle Management design, check our article on “4 Fundamental Building Blocks in Designing Remote Device Management for IoT”