Surveys show high hopes, deep concerns about IoT
Many companies expect IoT to affect their industries but don’t have a clear plan yet
Many companies expect IoT to affect their industries but don’t have a clear plan yet
Industrial IoT’s big future is starting to become a reality, but many companies still don’t think they’re ready for it.
Those are some of the findings in surveys released on Tuesday by the Business Performance Innovation Network and the Eclipse IoT Working Group. They reflect the views of hundreds of executives and developers from a range of industries.
More than half of the executives think their industries are already adopting IoT through either pilots or large-scale deployments, and 57 percent are at least in the planning stages themselves, BPI Network said. About 350 executives from around the world responded to the survey by BPI Network, an organization of business leaders.
While many have high hopes for IoT, few are on their way to full deployment. The survey found 41 percent of respondents expect IoT to have a big impact on their industries within three years, affecting things like efficiency and differentiated products and services. But only 7 percent said they have a clear vision with implementation well under way.
While many have high hopes for IoT, few are on their way to full deployment. The survey found 41 percent of respondents expect IoT to have a big impact on their industries within three years, affecting things like efficiency and differentiated products and services. But only 7 percent said they have a clear vision with implementation well under way.
Most companies don’t have everything they need to succeed in IoT, with many saying they’ll need new technical skills, data integration and analytics capabilities, or even a rethinking of their business model. Thirty-one percent of the executives said their organizations face a “major skills gap” in industrial IoT.
The annual developer survey co-sponsored by the open-source Eclipse IoT Working Group, IEEE IoT, Agile IoT and the IoT Council, also found growing adoption along with continuing concerns.
The 2017 results showed more developers working on IoT for industrial automation, connected cities and energy management compared with last year. But nearly half of the 713 respondents, including developers and others, said security is a major concern. That result that echoed BPI Network’s findings. Read more…