Internet of Things moving from planning stage to execution: IDC

The Internet of Things (IoT) is picking up momentum as more companies move from the planning stage to execution, according to a new report from reach firm IDC.

A new survey of global IoT decision makers by IDC found that 73 per cent of those responding have already deployed IoT solutions or plan to do so within the next year. According to IDC’s research, the greatest potential for IoT adoption is in the enterprise.

“IoT momentum continues to grow and our survey shows that it is seen as strategic to the enterprise,” said Vernon Turner, IDC’s senior vice-president and research fellow for IoT, in a statement.

According to the report, IoT is gaining the most traction in the retail industry at 56 per cent showing high awareness of IoT, followed by 53 per cent in the manufacturing industry.

IoT was viewed as a strategic initiative by 58 per cent, with 24 per cent also calling it transformative. The health care industry was on top with 72 per cent of health care respondents calling IoT transformative, followed by transportation and manufacturing at 67 per cent and 66 per cent. Lagging well behind the pack was the government vertical.

“IDC’s 2015 survey shows the regional differences in terms of awareness, adoption, and plans for implementation,” added Carrie MacGillivray, IDC’s vice-president for IoT and mobile, in a statement. “With nearly 2,500 survey respondents from 15 countries, including the United States, Brazil, China, India, and Germany, we are able to provide quantifiable evidence that the Internet of Things is a not just a concept, but a real global accelerator of the 3rd Platform.”

In other findings, security remains a concern for many IoT decision makers, and is now joined by upfront and ongoing costs. Software vendors are catching up with their hardware cousins when it comes to IoT solutions, and data processing at the edge of the network, rather than in the data centre, is becoming a clear requirement for customers.

Would you recommend this article?


Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.

Jim Love, Chief Content Officer, IT World Canada

Featured Download

Jeff Jedras
Jeff Jedras
Jeff Jedras is a technology journalist with IT World Canada and a member of the IT Business team. He began his career in technology journalism in the late 1990s, covering the Ottawa technology sector for Silicon Valley North and the Ottawa Business Journal. He later covered the technology scene in Vancouver before joining IT World Canada in Toronto in 2005, covering enterprise IT for ComputerWorld Canada and the channel for Computer Dealer News. His writing has also appeared in the Vancouver Sun & the Ottawa Citizen.

Featured Story

How the CTO can Maintain Cloud Momentum Across the Enterprise

Embracing cloud is easy for some individuals. But embedding widespread cloud adoption at the enterprise level is...

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.

Featured Tech Jobs