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IoT
The analysis confirms the clear
business benefits from investments in
IoT, however, Aruba’s report cautions
that connecting thousands of things
to existing business networks has
already resulted in security breaches
for the majority of organisations.
84 per cent of organisations have
experienced an IoT-related security
breach.
One of the key findings from
The
Internet of Things: Today and Tomorrow
research, which questioned 3,100 IT
and business decision-makers across
20 countries, was that IoT will soon be
widespread. 85 per cent of businesses
who participated stated that they plan to
implement it by 2019.
Technology visionary Kevin Ashton,
who coined the term Internet of Things
defines it as: “The ‘Internet of Things’
means sensors connected to the Internet
and behaving in an Internet-like way by
making open, ad hoc connections, sharing
data freely and allowing unexpected
applications, so computers can understand
the world around them and become
humanity’s nervous system.”
When examining the business benefits
of IoT, Ashton discovered that the real-
world benefits exceeded even the original
expectations. This ‘expectations dividend’
is evident in two key performance areas -
Enterprises:
Over seven in ten enterprises
have introduced IoT devices into the workplace.
78 per cent say the introduction of IoT in the
workplace has improved the effectiveness of their
IT team, and three-quarters find it has increased
profitability.
The industrial sector:
62 per cent of
respondents in the industrial sector have already
implemented IoT. Using IoT to monitor and
maintain essential industrial functions was
identified as the most impactful use case in the
sector. The use of IP-based surveillance cameras
for physical security within industrial organisations
is still in its infancy, with only six per cent having
implemented it. However, when asked about
future implementations, surveillance jumped five-
fold to 32 per cent. Across the sector, the majority,
83 per cent report increased business efficiency
and another 80 per cent have found improved
visibility across the organisation.
Healthcare:
60 per cent of healthcare
organisations globally have introduced IoT
devices into their facilities. Across the sector,
42 per cent of executives rank monitoring and
maintenance as the number one use of IoT –
higher than all other sectors. This underscores
the importance of IoT-enabled patient monitoring
in the modern healthcare industry. Eight in ten
report an increase in innovation and another 73
per cent report cost savings.
Retailers:
Just under half of retailers are using
IoT technology, but 81 per cent of these report
improved customer experiences. In-store location
services delivering personalised offers and product
information to shoppers was touted as the number
one implementation for IoT, alongside monitoring
and maintenance. Four in ten retailers ranked
surveillance in their top three key use cases.
Government:
Only 42 per cent of municipalities
have deployed IoT devices and sensors. A third
of IT decision makers claim their executives have
little to no understanding of IoT, double the global
average, suggesting that lack of education is the
biggest barrier to mass adoption in this sector.
While nearly half of government IT departments
are struggling with legacy technology, seven in
ten IoT adopters in the public sector report cost
savings and improved organisational visibility as
the major benefits.
A global study published by Aruba, a Hewlett Packard Enterprise company,
found that IoT adopters are seeing strong gains in innovation and business
efficiency
IoT heading for
mass adoption by 2019
Leaders in IOT adoption
Since its inception in 1999, the
Internet of Things has been ridiculed,
criticised and misunderstood
