Improving customer experiences (70%) and safety (56%) are the two areas enterprises are using data generated from IoT solutions most often today.
Gaining cost efficiencies, improving organizational capabilities, and gaining supply chain visibility (all 53%) is the third most popular uses of data generated from IoT solutions today.
62% plan to deploy IoT initiatives company-wide in the future
53% expect data generated from their IoT solutions will assist in increasing revenues in the next year.
42% of enterprises are spending an average of $3.1M annually on IoT.
According to IDC by 2018, investments in Operational Sensing through IoT and situational awareness via analytics will deliver 30% improvement in Critical Process Cycle Times.
48% are on their way to becoming intelligent enterprises, scoring 50 to 75 points on the index. 47% scored between 25-50 points on the Index, using half of their organizational intelligence.
Barcodes (71%), mobile computing (64%) and mobile phones (63%) are the three most-used technologies in IoT infrastructures today. Near-field communications (49%) and Active RFID (45%) and sensors (41%) are the three technologies enterprises most expect to be relying on in future IoT plans. Both cloud technologies (51%) and real-time analytics (46%) are of the most importance to IoT infrastructures today.