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IoT news: Half of EU and US businesses 'lag behind' in IoT adoption

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NewsHubAlmost half of EU and US businesses are struggling to adopt Internet of Things (IoT) due to “uncoordinated and siloed” approaches to integration, according to a survey.
Of 263 senior IT and business decision makers interviewed on behalf of IT services company HCL Technologies, 49% said that they are “struggling to get off the ground with IoT”, and that their customers are likely to suffer as a result of a failure to effectively ultilise the technology in their services.
Although 82% of the respondents, from the US, UK, Germany and the Nordics, agreed that embracing IoT places an organisation in a stronger market position, only 38% have integrated the technology into their operations.
“Many companies have made inroads into the IoT, but when you peel away the layers, very few have embarked on truly transformative programmes,” said Sukamal Banerjee, CVP and global head of HCL Technologies.
“This process can be incredibly daunting, so next-generation service offerings will play a crucial role in guiding organisations and helping them discover new types of value and a new, more effective way to compete,” Banerjee added.

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