Companies moving from proof of concept to scalable IoT deployments, argues IDC

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According to the International Data Corporation’s (IDC) latest global IoT decision maker survey, almost a third of respondents have launched IoT solutions, with a further 43% considering deployment in the next 12 months.

The analyst firm’s yearly study helps gain insights from enterprise IT and business decision makers about their understanding of the Internet of Things (IoT) as well as their early deployments or plans for deployment of these solutions.

According to IDC, 31.4% of organisations polled have launched IoT solutions, with an additional 43% are considering deploying in the next twelve months. The survey also found 55% of the respondents believe IoT as strategic to their business as a means to compete more effectively. The survey also showed that organisations are moving away from the traditional proof of concept projects to scalable IoT deployments that are incorporating cloud, analytics, and security capabilities.

Improving productivity, reducing costs, and automating internal processes are considered to be as top benefits of an IoT solution, which highlight an internal and operational focus by organisations over the short term as opposed to external, customer-facing benefits.

The survey also revealed that decision makers find security/privacy and upfront/ongoing costs as top concerns, while some organisations who are looking to install IoT solution consider lack of internal skills as a new top concern.

Vernon Turner, senior vice president of enterprise systems and IDC Fellow for the Internet of Things, said: “Setting strategies, finding budgets, and supporting IoT solutions have contributed to an ongoing tussle between line of business executives (LOBs) and CIOs. However, that race may be over, because in many cases LOBs are now both leading the discussions and either paying in full or sharing the costs of IoT initiatives with the CIOs.”

https://www.iottechexpo.com/wp-content/uploads/2018/09/iot-tech-expo-world-series.pngInterested in hearing industry leaders discuss subjects like this and sharing their IoT use-cases? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London and Amsterdam to learn more.

The show is co-located with the AI & Big Data Expo, Cyber Security & Cloud Expo and Blockchain Expo so you can explore the entire ecosystem in one place.

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