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Internet of Things (IoT): Technology, Outlook & Significance 2017

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Internet of Things (IoT): Technology, Outlook & Significance 2017

Summary

GlobalData's "Internet of Things (IoT): Technology, Outlook & Significance 2017", report analyzes industry opinion on the implementation status of IoT technology or platform, and the challenges of adopting IoT solutions over the next two years. This report also examines executive opinions with regards to technology solutions needed for the implementation of IoT, and business advantages through IoT solutions. This report provides information about projected investment in IoT solutions over the next two years and key industries that are likely to implement IoT solutions within their organizations. Additionally, the report provides information categorized by region and turnover.

Survey results reveal that the majority of executives indicated that they are aware about IoT and it is applicable for them. Wi-Fi, mobile computing, and network sensors are crucial for organizations to implement IoT. Executives highlighted that only minor improvement is required in the security program to handle the adoption of IoT, rather than a major overhaul. Deployment of IoT solutions is also helping organizations to track the delivery, inventory, and personnel and infrastructure management. Business benefits such as process automation, profitability enhancement and optimum utilization of workforce is also being achieved by deployment of IoT solutions. Moreover, organizations expect security concerns and privacy issues to pose challenges to the implementation of IoT solutions over the next three years.

What else does this report offer?

Level of Understanding: examines prevailing understanding of IoT solutions globally

IoT solutions and organizational objectives: determines goals which organizations intend to achieve through deployment of IoT solutions

Potential business gains using IoT solutions: ascertains business benefits that organizations are aiming to achieve through IoT solutions

Potential business gains using IoT solutions: ascertains business benefits that organizations are aiming to achieve through IoT solutions

Investments in IoT solutions: highlights projected investments in IoT solutions over the next two years

Potential business gains using IoT solutions: ascertains business benefits that organizations are aiming to achieve through IoT solutions

Scope

Maximum number of organizations are targeting efficient tracking of delivery, inventory and personnel through the deployment of IoT solutions

The majority of executives with business operations in the Rest of the World anticipate IoT solutions will improve optimum utilization of workforce

Logistics, and manufacturing are expected to record significant implementation of IoT over the next two years

Overall, 37% of respondents who operate in Asia-Pacific project planned investment of US$50,000-US$249,999 on IoT solutions over the next two years

The majority of executives from Asia-Pacific expect interoperability concerns as the biggest challenge to implementing IoT solutions.

Reasons to buy

The report provides information about technology solutions needed for the implementation of IoT projects, and allows readers to make effective business decisions

The report helps readers to strengthen strategic framework by understanding the business benefits to be achieved through IoT solutions

Suppliers will be provided information about challenges anticipated by organizations regarding the implementation of IoT solutions over the next two years

The report highlights projected investment on IoT solutions over the next two years. This will help organizations to allocate budget towards IoT implementation and business expansion

The report helps executives plan their adoption of IoT solutions by providing expected timeframes for implementation.

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Table Of Content

Scope

Table of contents

Introduction

Definitions and abbreviations

Methodology and sample size

Respondent profile

Implementation and understanding: IoT solutions

Level of awareness about IoT

Adoption of IoT technology within organizations

Technology solutions crucial for supporting IoT

Evaluation of security program capability to handle IoT adoption

Organizational objectives and business benefits using IoT solutions

Organizational goals through IoT installation

Business advantages through IoT solutions

Key adoption areas, projected investment and implementation concerns: IoT solutions

Key implementation areas for IoT over the next two years

Planned investment on IoT solutions

Potential concerns towards IoT adoption

Appendix


List Of Figure

List of Figures

Figure 1: Level of Understanding-Overall and Regional

Figure 2: Implementation of IoT-Overall and Regional

Figure 3: Technology Solutions-Overall

Figure 4: Technology Solutions-Regional

Figure 5: Security program capability to handle IoT adoption-Overall

Figure 6: Organizational goals through IoT installation-Overall

Figure 7: Organizational goals through IoT installation-Regional

Figure 8: Business advantages through IoT solutions-Overall

Figure 9: Business advantages through IoT solutions-Regional

Figure 10: Key implementation areas for IoT-Overall

Figure 11: Key implementation areas for IoT-Regional

Figure 12: Planned investment on IoT solutions-Overall and Regional

Figure 13: Potential concerns towards IoT adoption-Overall

Figure 14: Potential concerns towards IoT adoption-Regional

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Products and Companies

Products

Technology solutions, security program, organizational goals, business advantages, key implementation areas, planned investment and potential concerns


Companies

United Parcel Service (UPS), Alex and Anim, DHL Trend Research, Cisco Consulting Services