Half of enterprise software projects fail, it often is found. There is some evidence that enterprise project failure rates have improved. But maybe not in the internet of things area, where 75-percent failure rates are not unheard of.
“We’ve been in business 11 years, we have 1,400 customers, and 80 percent of all the projects we’ve seen in 11 years are customers who come to us with an existing failed IoT project,” says Nick Earle , Eseye chairman and CEO.
Eseye operates “several hundred thousand vending machines around the world.” What Eseye and its customers desire is a a single global product SKU (stock-keeping unit) that they can “roll out throughout the world, and just power it on and it connects.”
While noting the importance of mobile IoT connectivity, Eseye also points out the obvious: that operating globally also requires “ubiquitous, out of the box, network-agnostic, IoT connectivity.”
In other words, connectivity has to be “abstracted to an agnostic independent software switch or network switch, which then federates connectivity” across multiple service providers.
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