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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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