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IDC: IoT Evolving, Momentum Quantifiable

IDC: IoT Evolving, Momentum QuantifiableAccording to the survey, 73 per cent of respondents have already deployed IoT solutions or plan to deploy in the next 12 months, with the IDC finding enterprise opportunity is where the IoT potential resides, both in terms of spending and the number of endpoints connected.

The IDC notes that IoT awareness is “gaining traction” in both the retail and manufacturing industries, with 56 per cent and 53 per cent of respondents, respectively, showing a high awareness.

In addition, 58 per cent of respondents consider IoT a strategic initiative, with 24 per cent viewing it as transformative. IoT was identified as strategic by 72 per cent of respondents in the health care industry, followed by transportation and manufacturing at 67 per cent and 66 per cent, respectively.

However, the IDC found that government, on the other hand, “lags behind in overall awareness and often needs clarification around the IoT basics”.

“IDC’s 2015 survey shows the regional differences in terms of awareness, adoption and plans for implementation,” Carrie MacGillivray, IDC vice president, IoT & mobile, commented.

“With nearly 2,500 survey respondents from 15 countries, including the United States, Brazil, China, India, and Germany, we are able to provide quantifiable evidence that the Internet of Things is a not just a concept, but a real global accelerator of the 3rd Platform.”

The IDC additionally found that while security remains a leading challenge, now upfront and ongoing costs have become the top challenges, and that, while considered IoT leaders, hardware vendors lost ground in 2015, as software vendors are overtaking equipment vendors.

IoT processing at the edge of the network (as compared to processing back at the enterprise) is a clear requirement, the IDC found, stating that it will challenge many IoT architecture designs.