What Companies Hope to Achieve With the IoT

By Dennis McCafferty  |  Posted 2015-08-05
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    What Companies Hope to Achieve With the IoT

    What Companies Hope to Achieve With the IoT

    Companies are envisioning a variety of uses for the IoT. Some want proactive alerting systems, while others want to use the IoT to control equipment remotely.

While only a minority of companies surveyed have already deployed some form of the Internet of things (IoT), the majority are interested in doing so, according to research from Strategy Analytics. The resulting "The IoT 2015 Deployment and Usage Trends" survey reveals that businesses are already envisioning a wide variety of uses for the IoT. Some are seeking proactive alerting systems, while others want to use this technology to control equipment remotely. Considerations about physical safety and facilities oversight are also a factor, as a significant number of organizations view the IoT as a means to achieve better office security, video surveillance and "smart" building controls. Before companies put such plans into play, however, they'll have to address lingering challenges, including the need to integrate IoT solutions with legacy systems and software, as well as any security-related concerns. So, for now, an "approach with caution" mindset appears to be in play for any imminent deployment initiatives. "Enterprise interest in the IoT is high, driven by the need to address and solve pragmatic business issues," says Laura DiDio, director of IoT strategies, enterprise research and consulting for Strategy Analytics. "But it's equally clear that organizations are still assessing the myriad offerings and specific integration and migration strategies." Professionals representing more than 450 global businesses took part in the research.

Dennis McCafferty is a freelance writer for Baseline Magazine.

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