64% of IT execs prefer a simplified path to IoT deployment

According to a new report by Oracle, 64% of enterprise Internet of Things (IoT) decision-makers would opt for an 'off-the-shelf' IoT solution over a custom-built offering, indicating a market shift in the way enterprises are viewing IoT adoption.

Overall, the report shows that enterprise IoT adoption is heading into a new phase, and IoT decision-makers are looking for bundled and commercial off-the-shelf solutions, with data analytics to generate actionable insights to improve key business functions.

Another key highlight from the report is that almost 90% of projects were described by the respondents as 'fundamental' or 'very important' to their core business, and just over half of all projects are visible to their customers.

The 800 survey respondents represent some of the most sophisticated deployers and deployments of IoT, based on requirements to integrate IoT data from one of a set of pre-defined advanced use cases.