Meeting business objectives with IoT
In early 2020 we measured the success rate of IoT projects – and it was low. In 2023 we have measured it again – and there has been a 28% improvement. Some initial business objectives are increasingly being met with IoT solutions, but key ones are not, particularly with IoT becoming a more central part of business operations.
Key questions related to this include:
- What has been achieved?
- What do businesses really want from their IoT solutions?
- To what extent are business objectives for IoT changing?
- What part can latest IoT technologies play in delivering these?
- How to measure IoT success when business objectives change?
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This unique report includes findings from 1 on 1 interviews with industry experts and results from FOUR recent surveys of enterprises users, product manufacturers and service providers. It also includes real world insights on our findings from technology experts.
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About Beecham Research
Beecham Research is a leading technology market research, analysis and consulting firm established in 1991. We have specialized in the development of the rapidly-growing Connected Devices market, often referred to as M2M and IoT, worldwide since 2001.
We are internationally recognised as thought leaders in this market and have deep knowledge of the market dynamics at every level in the value chain.
Our clients include component and hardware vendors, major network/connectivity suppliers, system integrators, application developers, distributors and enterprise users in both B2B and B2C markets. We are experts in M2M/IoT services and platforms and also in IoT solution security, where we have extensive technical knowledge.