McKinsey: What’s the barrier to enterprise adoption of IoT? Why aren’t we seeing as much value from it yet as we believe is there? He spoke recently with McKinsey partner Ferry Grijpink about the reasoning behind an ecosystem approach to serving the IoT needs of enterprises, and why it makes sense for companies to start small when adopting IoT. Serial tech entrepreneur Wienke Giezeman is initiator of The Things Network, and CEO and co-founder of The Things Industries. The other, The Things Industries, offers proprietary tools and support for scaling a solution once it has reached minimum viable product (MVP) status, helping companies produce, run, and market the IoT solutions they create. One, The Things Network, is a not-for-profit organization that offers open-source tools for enterprises to build their own IoT solution on a low-power, LoRaWAN network that they own and operate.

Two sister organizations in Amsterdam seek to address both of those challenges together.

One of the core challenges of bringing the benefits of the Internet of Things (IoT) to life is getting started-how can enterprises successfully begin to adopt IoT when the solutions needed are so specific to a given business or business case, and off-the-shelf options have not yet sufficiently evolved? And how can the emerging technology evolve when getting started is so difficult?

Iot enterprise