State of IoT: Slow Start, Big Potential

The technology industry has been promoting the benefits of the Internet of Things (IoT) for more than a decade. In theory, connecting physical devices to the Internet will make life easier for consumers while giving companies new business opportunities and greater control over their operations and business processes.

A recent Interop survey of technology decision makers found that the vast majority of organizations are investigating and investing in IoT technology — but they are doing it slowly and cautiously. They are still figuring out how to secure IoT devices and how IoT deployments might help improve their business.

The survey revealed the following:

Status of companies’ IoT initiatives
Organizations’ spending plans
The top IoT products/services being purchased
Major obstacles to IoT adoption
The technologies that will have the greatest potential to positively affect your business in the next 5 years
Which industries will benefit most from IoT

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