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Security fears aren’t stopping enterprise IoT – Stacey on IoT | Internet of Things news and analysis
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Security fears aren’t stopping enterprise IoT – Stacey on IoT | Internet of Things news and analysis

A whopping 97% of executives responsible for implementing IoT projects have concerns about security but are going ahead with projects anyway, according to a survey out this week from Microsoft. The software giant commissioned an independent firm to interview 3,000 IoT decision-makers at enterprise companies to understand that sector’s state of adoption for its first-ever “IoT Signals” report.

The results are not surprising, although they seem incredibly optimistic. For example, despite nearly all of the respondents having security concerns, 94% are planning an IoT implementation in the next two years. And 88% believe it will be critical for their business, comprising about 30% of their revenue during that time frame.

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