Research shows increased focus on IoT adoption, but most still in early stages
According to the study, 86% of industrial organizations are currently adopting IoT solutions and 84% believe those solutions are very or extremely effective.
Bsquare, Bellevue, Wash., released the findings from its first annual “IIoT Maturity Study,” which explores the progress of current Internet of Things (IoT) adoption by business buyers in manufacturing, transportation and oil and gas (O&G).
According to the study, 86% of industrial organizations are currently adopting IoT solutions and 84% believe those solutions are very or extremely effective. In addition, 95% believe that IoT has a significant or tremendous impact on their industry. However, the study also shows that most IIoT investments are focused on connectivity (78%) and data visualization (83%). In addition, only 48% are doing advanced analytics on that data and only a small number (28%) are automating the application of insights derived from analytics.