30% businesses started IoT deployments

30 percent of businesses have already started limited Internet of Things (IoT) deployments, said Strategy Analytics.

The Strategy Analytics IoT 2015 Deployment and Usage Trends Survey said among the 30 percent of early IoT adopters globally, the majority indicated the main use cases were: IoT-enabled software and applications; IoT-enabled hardware and IoT standalone devices or systems. 55 percent of respondents were familiar with IoT’s benefits and services.

The independent Web-based survey polled over 450 businesses worldwide across 45 vertical markets in June 2015.

32 percent said their firms plan to deploy IoT compared to 26 percent said their companies currently have no IoT deployment plans. The remaining 42 percent of survey participants are still studying the issue and are undecided.
Office security/video surveillance; Smart Building Controls; Billable Services; Financial Analytics; Healthcare Analytics and Healthcare Diagnostics were among the top IoT applications cited by survey respondents who intend to use IoT.

Current and potential IoT customers plan to deploy the technology to solve pragmatic and pressing business issues that impact daily operations. These include: security of both the corporate data assets and physical facilities; receiving proactive alerts to avoid service disruptions and remote control of equipment.

IoT Security; integration and interoperability with existing and legacy systems and the potential confusion arising from the need to deal with multiple IoT vendors and platforms, were cited by survey respondents as the biggest impediments to IoT deployments.

“Many respondents highlighted the value that can be derived from deploying IoT ahead of cost savings; from new service development and increased competitiveness, to a better understanding of their business that can be derived from data analytics,” saidAndrew Brown, executive director of IoT and Mobility at Strategy Analytics.

Key vertical segments covered in the survey include financial, insurance, real Estate, manufacturing, professional services, education/public sector, healthcare/pharmaceutical and telecom/media/technology.

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