The most important challenge facing most enterprises is the multidimensional nature of IoT which demands that nearly every department participate in the IoT effort, no matter how small or targeted the project might be.

With nearly every market research survey indicating that the number of corporate Internet of Things (IoT) initiatives is poised to skyrocket in 2016, the challenge facing most organizations moving in this direction isn’t technical, it’s team-building.

A survey conducted in November 2015 among 465 Gartner Research Circle IT and business professional members in North America, EMEA, Asia/Pacific and Latin America found the number of organizations adopting IoT will grow 50 percent in 2016, and nearly two-thirds (64 percent) plan to implement IoT in the next few years.

Although most IoT surveys clearly show that a variety of security concerns are the biggest impediments to widespread IoT adoption, the reality is that most organizations face even greater internal hurdles before they can successfully pursue their IoT initiatives.

The most important challenge facing most enterprises is the multidimensional nature of IoT which demands that nearly every department participate in the IoT effort, no matter how small or targeted the project might be. This is because adopting an IoT strategy entails rethinking your product design, revamping your go-to-market strategy, repositioning your product value, and restructuring your pricing, distribution, and support models – just to start.

Many organizations have been adopting the most recent wave of Cloud services in a relatively ad hoc manner until they decide to establish enterprise-wide policies and procedures. In contrast, IoT requires that representatives from every end of the organization get involved early in the process in order to develop a joint vision of their IoT goals and objectives, and ensure they coordinate their efforts to properly integrate the various IoT pieces – both technical and operational.

While many new business ventures in the past were developed in an isolated ‘skunkworks’ fashion to test their feasibility before being expanded across the organization, even the most targeted IoT projects must include a multi-disciplined team. In many businesses, this means reaching across organizational silos and breaking down institutional barriers.

While these organizational demands pose significant challenges for many enterprises, pursing IoT initiatives can prove to be a valuable exercise in team-building that can have even greater long-term benefits far beyond the IoT project success alone.

IoT can be a catalyst for a cultural shift in the way every unit of an organization operates as a team.