Corporate Leaders Aren't Prepared for the Internet of Things

In a recent Gartner survey, more than 40 percent of organizations expected the Internet of Things (IoT) to have a significant impact over the next three years. That makes sense for industries dealing with tangible equipment, products and services. For example, many retailers already track inventory with RFID tags, and manufacturers use industrial automation and utilities that exploit sophisticated monitoring and control systems. However, many survey respondents feel that senior levels of their organizations don’t yet have a good understanding of the potential impact of the IoT.