IoT progress has been slow but optimism remains

More than half business leaders around the globe believe their organization's progress with the Internet of Things has not happened as fast as they expected, according to a new survey. Nevertheless, they still largely believe IoT will have a tremendous impact in the future. As many as 24 percent of those surveyed said they "strongly agree" their progress has not happened as quickly as expected, according to the Internet of Things Business Index 2017, an Economist Intelligence Unit report, sponsored by ARM and IBM. Another 33 percent said they somewhat agree. Twenty-seven percent said they neither agree nor disagree, while just 10 percent said they somewhat disagree, and 2 percent strongly disagree.