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Over half of enterprises already deploying Internet of Things

James Henderson | July 4, 2016
The IoT can help businesses keep track of their data, study says.

“The elephant in the room is, of course, security,” one respondent stated. “I’m getting a lot of push back on my security requirements for all of these IoT projects. I'm not budging, and fortunately I have the blessing of my CIO not to budge.”

Harrington said most organisations (61 per cent) manage IoT initiatives without the help of external consulting or professional services, but this could change.

“There is a clear need for external expertise to help convince organisations of the business value of IoT as well as to fill internal skill set gaps in areas like security, big data and network infrastructure,” Harrington added.

“As these projects mature, many organisations will find themselves looking to outside consulting and professional services firms for these capabilities.”

IoT - Established and emerging

“IoT is both old and new,” Harrington said.

Equal amounts of innovation and value will be found in both connecting new assets as well as enhancing already connected endpoints with increased functionality through more capable sensors producing robust data to be analysed with big data tools and machine learning software.

“While there are numerous examples of ‘old’ IoT, it does feel very much like early days,” Harrington added.

“We are just now beginning to understand the value of the data being produced and how best to put it to use.

"In order for IoT to evolve as a key digital transformation enabler, enterprises and vendors of key solutions must address security concerns, set standards for connectivity, and lower both the cost and complexity of deploying these environments.

“This complexity includes not only the deployment of the physical hardware itself, but also the backend analytics and software platforms, and the business justification tools used to realise the value of the data being gathered.”

 

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