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Device life cycle management lags behind product launches despite industry recognition

Many companies in the connected product sector recognize the importance of device life cycle management (DLM), prioritizing it on par with launching new products. However, this recognition does not translate into adequate funding or operational execution. Budget allocations consistently fall short, with prioritization issues and daily contests for attention undermining stated intentions. Consequently, the infrastructure supporting device maintenance and security often has a shorter projected lifespan than the products it is meant to manage, indicating a significant gap between industry aspirations and current capabilities. AI

IMPACT Highlights the critical need for robust infrastructure in managing connected devices, a growing concern as AI integration increases.

RANK_REASON The article discusses industry trends and challenges in device life cycle management, offering analysis rather than reporting on a specific event.

Read on Forbes — Innovation →

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Device life cycle management lags behind product launches despite industry recognition

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · Thomas Ryd, Forbes Councils Member ·

    The Quietly Underfunded Device Life Cycle Management Problem

    The difference exposes whether a company is building a sustainable solution or simply treating connectivity as a feature to put on the box.