European IoT Industry Survey Reveals Key Trends in Internet of Things.
PLAT.ONE, the leading Enterprise Internet of Things (IoT) solution platform, announces the results of their European IoT Industry Survey from the M2M Forum in Milan.
PLAT.ONE conducted an Internet of Things Industry survey in Europe in Q2 2016 to learn about the challenges IT and business professionals are facing with their IoT projects. Key areas of investigation included IT infrastructure, technology requirements, business challenges and state of deployment.
Dr. John Bates, CEO of PLAT.ONE said:
“We are fascinated to see that Connectivity and Protocols came out as the top technical challenge. This comes up with customers when choosing an IoT platform.”
“The concern here is around future proofing and support to interoperate across the myriad of legacy, new and unknown machine protocols. Being able to ingest, combine and correlate data from any device that comes along is critical. This is not something that traditional integration vendors know how to do and requires a completely new approach for the IoT era.”
Key Findings Include:
- “Connectivity and Protocols” are the #1 technical challenge in planning and deploying IoT projects, followed by “Analysis of IoT data“
- Over half of all IoT projects in planning are in just two sectors, Connected Products and Transport/Logistics
- 72% claim to have IoT projects in the planning stage, but only 9% have funded IoT projects
- The biggest business challenge in planning and deploying IoT projects is “Proving ROI” followed by “Convincing key internal stakeholders that this is the right time”