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65% of Surveyed Companies Already Using IoT Technologies

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iotby Angela Guess

Lindsey O’Donnell recently reported in CRN.com, “The Internet of Things is about much more than smart home controls or automobiles with sensors —  enterprises are showing increasing interest in IoT deployments, according to a recent survey by market research firm 451 Research. According to the survey, a majority of enterprises – 65 percent – already have incorporated IoT technologies into their business by gathering data from sensors on data center IT equipment, cameras and surveillance equipment, and end-user systems.”

Dan Harrington, research director at 451 Research, told O’Donnell, “Organizations are both enhancing their already connected endpoints with greater capabilities as well as connecting new objects with sensors and circuitry to derive net new value for the business… The term ‘Internet of Things’ has proliferated rapidly and taken on different meanings depending on the audience. … They vary immensely from traditional use cases such as IP-connected cameras, building automation, warehouse automation and telematics to emerging industrial use cases such as crop monitoring and remote patient monitoring.”

O’Donnell continues, “In terms of business value, 66 percent of enterprises said their IoT deployments reduced risk, while 63 percent said the implementation optimized operations. Developing new or enhancing existing products or services is another value, according to 33 percent of respondents. Thane Hathaway, president and CEO of EAC Product Development Solutions, a Burnsville, Minn.-based solution provider that is ramping up its IoT strategy, said the company is seeing interest from enterprises but some are still struggling with forming a strategy.”

Read more here.

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