- One in three enterprises is increasing their investments in IoT as a result of Covid-19.
- 79% of enterprises adopting IoT see AI as either a core or a secondary component of their strategy.
- 97% have security concerns when adopting IoT, with network-level security being most important (43%), followed by device track & management and endpoint security (both 38%).
- Businesses adopting IoT believe they’ll see a 30% ROI on their IoT projects.
These and many other insights are from Microsoft’s IoT Signals Report, Edition 2, published on October 2nd. IoT Signals is published annually to provide Microsoft partners, customers and business leaders the insights and market intelligence they need to develop and launch IoT strategies.
This year, Microsoft commissioned the Hypothesis Group, an insights, design and strategy agency to execute the IoT Signals Edition 2 research. More than 3,000 IoT decision-makers in enterprise organizations across the US, UK, Germany, France, China and Japan currently involved in IoT were interviewed. Please see page 4 for additional details on the methodology.
The top 10 key insights from Microsoft’s IoT Signals Report, Edition 2 include the following:
- Enterprises’ IoT adoption surged in the last year from 85% to 91%. The survey found that 83% of adopters have at least one project that has achieved the use stage, which is 9% better than last year. Hypothesis Group and Microsoft found that IoT projects fall into four stages: learn, trial/POC, purchase and use. The study points out that more projects are in the purchase and use stages this year, with