The Build vs. Buy Decision for Embedded Trust in AIoT
Fundamentally there are three types of mindsets in the technology driven industry sectors.
Do Nothing
Fear of change and risk aversion are deeply rooted in human psychology. Change brings uncertainty. This maximizes value with efficient use of limited resources and discretionary budgets – a thrifty strategy. However, preserving the status-quo limits growth and results in missed opportunities. “If it ain’t broke, don’t fix it” is a risky mindset because in a competitive environment it is an “innovate or evaporate” decision.
Do It Yourself
If you want to go fast, walk alone. This empowers you to customize, optimize, and reduce strategic dependencies on other vendors in the long term. However, it limits broader traction across the industry and first-of-breed advantage in highly competitive markets for commodity infrastructure products and services. Technology evolves at high pace every decade, and therefore a build-it-yourself approach may result in late-to-market risk, wasting elite-engineering talent, and high opportunity and maintenance costs.
Forge Strategic Technology Partnerships
If you want to go far, walk together. The goal is to design for the best possible product-market fit on-specification, on-time/schedule, and on-budget. Building core capabilities – that are necessary to operate but not differentiators, require vendor expertise, demand standards based interoperability between vendors, incur low integration costs, and reduce compliance burden – are best achieved through technology partnerships. Forging strategic partnerships helps innovation-driven business units achieve and sustain the best-of-breed differentiator in the long term and faster time-to-value (TTV).
Why Symmera?
Symmera is a strategic technology partner for advancing the state of the art in pre-existing IoT and IIoT environments. We provide agility to meet your rapidly evolving business needs and integration with ecosystem vendors and services. We work supportively with device manufacturers, application developers, and end-user field, network and security operations center (NOC/SOC) operators to harden IoT/IIoT devices and help harvest trusted metrics, events, logs, and telemetry at scale. Symmera’s Distributed Intelligent Network (DIN) platform complements cyber physical systems (CPS) protection platforms to simplify IT-OT alignment and empower AI-ready platforms for data driven insights with extended IoT (XIoT) and AI (AIoT). DIN provides trusted device orchestration and data pipelines with security, availability, scalability and interoperability in operational technology environments.