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2017, Time to Invest in IoT?

Mon, Feb 06 2017 | Author: PT. Central Data Technology

According to Gartner, more than half of the major new business process and systems will incorporate some element of IoT by 2020. Postscapes also predicts that there will by more that US$ 1 trillion of opportunity in 2020.

IoT is rapidly expanding in the enterprise segment. Cited from TechRepublic's CIO Jury, about 50% of the CIO said that their company will invest in IoT in 2017.

Dan Fiehn, group IT director at Markerstudy Group said that his company will incorporate IoT in 2017. He said, "I see IoT becoming a differentiator, and those choosing not to invest losing market share to those that do."

Director of IT at Payette, Dan Gallivan, also stated the similar. "Just as smart technology takes over home management, we expect to see an increase in office applications. This includes tracking conference room usage, temperature monitoring, and adjustments based on employee use and occupancy, people traffic, and area workflows. I expect this area to grow tremendously with the possible scenarios," he said.

But Ted Woodhouse, a specialist ICT consultant, stated the opposite. He advised businesses not to jump into IoT solutions. Woodhouse said, "IoT seems to me to be a classic example of doing something because you can, not because you need to." He advised companies not to move into IoT solutions at least for the next six months, but he will keep watching for any further possibilities.

How about you? Are your company planning to invest in IoT this year? Share your opinions or ask any questions regarding IoT at marketing(at)centraldatatech.com

Reference: CIO Jury: 50% of IT leaders will invest in IoT in 2017 - TechRepublic