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Quectel publishes new IoT Start-Ups Business Guide to help innovators succeed

Belgrade, 7 February 2023 –  Quectel Wireless Solutions, an IoT solutions provider, has released a new  IoT  Start-Ups Business Guide to help tech start-ups avoid common  mistakes, develop organizational strength, and accelerate and simplify  building their businesses. Drawing on Quectel’s experience as a fast-moving  start-up and expertise in helping IoT start-ups make their dreams a reality,  the guide shares how to avoid common causes of failure and provides  organizational tips for tech start-ups as they navigate the challenges of  building beyond the start-up phase.

As many as 90%  of start-ups don’t succeed as founders try to build their dreams and  achieve exponential growth and huge rewards. Lack of funds, poor timing,  inability to scale up or simply the idea not being good enough in the first  place are typical causes of failure and many good ideas come to nothing  because of these reasons. Start-ups are also unlike any other type of  business and can come to market inexperienced, ill-equipped and  understaffed.

The IoT Start-Ups Business Guide explains why timing is  crucial for IoT start-ups. Being early or late to a market is the same as  being wrong about it. If a tech start-up brings its product to market and  there is no appetite for it because nobody understands its value, sales will  not happen and the business will fail. Similarly, if the product arrives too  late and rivals have already secured substantial market share it may be  impossible to make up the lost ground.

It also shares how to strengthen an organization  and increase the skills within the business. IoT start-ups often can lack the  360-degree expertise needed to run a business and a skillset that is  incomplete can mean sales potential is missed, insufficient investment  raised, R&D  operated inefficiently, and financial and industrial regulations overlooked.

Outsourcing is an  important component of this, and the guide contains outsourcing ideas for IoT  start-ups which reveal how start-ups can accelerate market entry while saving  money and focusing resources on what really matters to the  business.

For more information and to download your copy of the IoT  Start-Ups Business Guide, head over to https://www.quectel.com/library/iot-startups-guide-ebook

About  Quectel 

Quectel’s passion for a smarter world drives us  to accelerate IoT innovation. A highly customer-centric organization, we are  a global IoT solutions provider backed by outstanding support and  services.

Our growing global team of over 6,000 professionals sets the  pace for innovation in cellular, GNSS, Wi-Fi and  Bluetooth modules, antennas and services.

With regional offices and support across the globe, our  international leadership is devoted to advancing IoT and helping build a  smarter world. 

For more information: www.quectel.comLinkedInFacebook, and Twitter

Phil Rawcliffe, Head  of Communications

phil.rawcliffe@quectel.com