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Three-quarters of enterprises collecting IoT data, says 451 Research

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NewsHubA total of 71% of global businesses are now gathering internet of things (IoT) data in some form or other, and 90% expect to increase spending over the next 12 months, according to a report produced by analysts at 451 Research.
Its latest study of 1,000 enterprise IT buyers from around the world, entitled Voice of the Enterprise: IoT Organisational Dynamics , revealed that businesses were pushing ahead with IoT initiatives and spending to support them. Those with initiatives already underway expected to increase their spending by 33% over the next 12 months.
The study said deployments and usage would be strongest around data and transactional intensive workloads, such as data analytics and security, with IoT-specific projects likely to include analysis of financial, healthcare and industrial functions, uptime and reliability of IT equipment, and monitoring efficiency and costs.
According to the statistics, 68% of enterprises were taking advantage of IoT data for operational optimisation, and 42% to develop new products or enhance existing ones.

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