New Omdia research finds enterprises' confidence in IoT is soaring

The latest findings from Omdia's Internet of Things (IoT) Enterprise Survey reveal an astonishing surge in confidence among enterprises leveraging IoT solutions. Enterprises continue to integrate IoT into their workflows while reaping benefits from productivity gains, cost savings, to improved worker safety.

The sixth annual survey which included nearly 600 enterprises across ten countries and eight different verticals discovered that 95% of respondents expect to see measurable benefits from IoT within two years of deployment. As enterprises continue to increase their investment in IoT solutions and expand their devices, IoT is becoming a cornerstone of their digital transformation strategies.

The survey results demonstrate the growing opportunities for IoT vendors across the value chain. However, Omdia cautions both vendors and enterprises against adding unnecessary complexity in their IoT strategies. With the rapid expansion of IoT technologies, communications service providers (CSPs) are urged to enhance their educational efforts to help enterprises navigate these technologies.