1.They don't think strategically long term 2.They don't understand that their true assets are their people and are afraid of excellence instead of promoting it 3.Their leadership lacks development
Everyone likes innovation and will rah-rah for it until it gores their ox. The misalignment of incentives and innovation is always the biggest problem. Technology challenges can always be beaten into submission. Real innovation is by definition upsetting to the status quo, and it takes intesti...
It really depends on what type of industrial application you are interested in since industrial is a very fragmented market with multiple verticals. Most big SI companies like TCS, Accenture, infosys, Wipro, have IoT practices these days and do both application and hardware development.