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73% Of Execs See Internet Of Things Impact On Business 02/22/2017

RT @AerisM2M: Connected Thinking: 73% Execs See #IoT Impact On Business on @MediaPost  #mwc17

  • The Internet of Things is having an impact on overall business and driving innovation leading to new insights.
  • Those are among the findings of a new worldwide study attempting to benchmark IoT progress in business.
  • The majority (73%) of executives said the Internet of Things has had at least some impact on business, with 21% saying it has had a major impact.
  • The number one impact is the sparking of a new wave of innovation thanks to data that provides better insights.
  • Among obstacles to businesses adopting IoT technologies are the cost and concerns about security and privacy.

73% Of Execs See Internet Of Things Impact On Business – 02/22/2017

@IoTRecruiting: RT @AerisM2M: Connected Thinking: 73% Execs See #IoT Impact On Business on @MediaPost #mwc17

The Internet of Things is having an impact on overall business and driving innovation leading to new insights.

Those are among the findings of a new worldwide study attempting to benchmark IoT progress in business.

The study, funded by IBM and ARM, comprised a survey of 825 business leaders, 400 of whom were C-level executives representing 10 industries around the world. Those surveyed were split evenly between companies with revenue of more than $500 million and small to mid-sized businesses.

The majority (73%) of executives said the Internet of Things has had at least some impact on business, with 21% saying it has had a major impact.

The number one impact is the sparking of a new wave of innovation thanks to data that provides better insights.

This doesn’t mean all is rosy in IoT land, since there are a number of roadblocks ahead.

73% Of Execs See Internet Of Things Impact On Business 02/22/2017

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