61 Per Cent Enterprises To Become “Intelligent” Amid Growing IoT Investments

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  • The company’s “Intelligent Enterprise” Index scores is calculated using 11 criteria that include the Internet of Things (IoT) vision, adoption, data management, intelligent analysis and more
  • Forty-six per cent of study respondents are currently implementing their IoT solutions on a company-wide level
  • Sixty-two percent of enterprises are now constantly monitoring their IoT security to ensure system integrity and data privacy
  • The company conducted the survey from August 12 to September 18, 2019, across the healthcare, manufacturing, retail and transportation and logistics industries

According to a new survey conducted by Zebra Technologies Corporation, 61 percent of enterprises worldwide are on the path to becoming “intelligent” with the growing Internet of Things (IoT) investments.

The company’s “Intelligent Enterprise” Index scores is calculated using 11 criteria that include the Internet of Things (IoT) vision, adoption, data management, intelligent analysis and more.

Key findings

The survey revealed that in 2019, each respondent’s average enterprise spend was $6.4 million, representing a 39 percent year-over-year increase. Eighty-six per cent of enterprises expect this number to grow in the next 1-2 years, with over half of respondents expecting to increase their investments by more than 21-50 per cent.

Forty-six per cent of study respondents are currently implementing their IoT solutions on a company-wide level. Another 32 percent expect to soon move toward regional deployments. The survey also highlighted that sixty-two percent of enterprises are now constantly monitoring their IoT security to ensure system integrity and data privacy. 

“We now see more urgency to improve operational visibility and facilitate the delivery of actionable intelligence all the way to the edge of the enterprise. I believe that is why enterprises are now demonstrating a much greater commitment to executing their IoT plans and why we’ll likely see a surge in investments over the next few years,” said Drew Ehlers, Global Futurist, Zebra Technologies.

The company conducted the survey from August 12 to September 18, 2019, across the healthcare, manufacturing, retail and transportation and logistics industries. 950 IT decision-makers from nine countries were interviewed, including the U.S., U.K./Great Britain, France, Germany, Mexico, Brazil, China, India, and Japan. 

 

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