The IT Nerd

Although a vast majority of companies have good intentions when implementing IoT to support smart operations, obstacles with this technology remain. Capgemini released a report today broken down by industry that shows IoT initiatives designed to optimize operations at companies do not achieve their goals or reach meaningful scale. A few of the key findings include:

• 6 out of 10 organizations have failed to take operational IoT initiatives past proof-of-concept or beyond implementation at one or two sites
• More than 60% of organizations cite cyber security or data privacy concerns as a major deterrent to implementing IoT in operations
• Around 50% of companies struggle to establish a clear business case for their investments
• 60% of companies say they don’t have the analytics capabilities to take advantage of the data generated from IoT sources
• More than 50% of organizations say uncertain standards are a significant challenge.

Here is a breakdown of industry activity in deploying IoT operations at full scale:

This entry was posted on March 13, 2018 at 6:38 pm and is filed under Commentary with tags Capgemini. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.