What COVID-19 and the quest for ROI mean for the IoT market – Reseller News
At least a third of organisations are likely to have reduced their spend on Internet of Things (IoT) since the global wave of lockdowns prompted by COVID-19, but a far greater proportion is actively increasing its spend in the technology.
This is according to findings from a recent multi-country study by industry analyst firm Gartner, which showed 47 per cent of respondents indicated their organisations plan to increase their investments in the area of IoT, largely in an effort to reduce costs.