While it is broadly recognised that as a technology IoT is instrumental in connecting things as well as connecting people to things, and that as a business IoT will be a massive market, many companies are still struggling with their own IoT strategies. This survey report provides first-hand insight from industry professionals into the current status, the opportunities, the challenges, and the future trends of the IoT industry.
Some of the key findings in this survey report include:
- Three-quarters of all respondents are either already offering IoT products and services, or are going to enter the market soon;
- There is strong enthusiasm for IoT across the board. While the number of companies that have achieved significant monetisation is still limited, others are exploring the opportunities through different mechanisms;
- There is a high demand for customisation from clients, and a catalog-driven digital platform will become a key differentiator for IoT suppliers.