451 Research’s inaugural Voice of the Enterprise : Internet of Things (IoT) quarterly study reveals that despite the relatively recent emergence of the term IoT, 65% of respondent organisations currently collect data from equipment, devices or other connected endpoints and use that data for a business purpose.
Datacentre IT equipment (51%) is currently the most common source of IoT data, followed by camera/surveillance equipment (34%), datacentre facilities equipment (33%) and smartphones/end-user devices (29%). Industry equipment plays a big role with 49% of manufacturing organisations gathering data from factory equipment while 49% of healthcare organisations gather data from medical devices.
Business value from these deployments includes reducing risk (66%), optimising operations (63%), developing new or enhancing existing products or services (33%), and enhancing customer targeting (21%). This varies by industry with manufacturing and utilities mostly focused on optimising operations, while reducing risk is more critical for those in finance and public sector.
Dan Harrington, Research Director at 451 Research noted, “Our survey shows that connected endpoint scenarios 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. Organisations 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.”