The Internet of Things will be applied by 85% of global biz by 2019

News by Danielle Correa

Driven by a need for innovation and business efficiency, 85 percent of businesses plan to implement IoT by 2019.

New research from Aruba warns that connecting thousands of things to existing business networks has already resulted in security breaches for most organisations. Aruba questioned 3100 IT and business decision makers across 20 countries to evaluate the current state of IoT and its impact across different industries.

While virtually all business leaders (98 percent) have an understanding of IoT, many are not clear on the exact definition of IoT and what it means for their business.

More than seven out of 10 (72 percent) enterprises have introduced IoT devices into the workplace. Twenty percent reported remote operation of building lighting and temperature as a key use case. When asked about future IoT implementation, the figure more than doubles to 53 percent. Seventy-eight percent say the introduction of IoT in the workplace has improved the effectiveness of their IT team. Meanwhile, 75 percent said it increased profitability.

More than six out of 10 (62 percent) respondents in the industrial sector have already implemented IoT. Only six percent have implemented IP-based surveillance cameras for physical security, but the figure jumps to 32 percent when asked about future implementations. Across the sector, 83 percent reported increased business efficiency and another 80 percent found improved visibility across the organisation.

Sixty percent of healthcare organisations globally have introduced IoT devices into their facilities. Forty-two percent of executives rank monitoring and maintenance as the number one use of IoT. Eight in 10 reported a growth in innovation and another 73 percent reported cost savings.

Only 42 percent of municipalities have deployed IoT devices and sensors. Thirty-five percent of ITDMs claimed their executives have little to no understanding of IoT, suggesting that lack of education is the biggest barrier to mass adoption in this sector. Seven in 10 IoT adopters in the public sector reported cost savings and improved organisational visibility as the major benefits.

The cost of implementation (50 percent), maintenance (44 percent) and integration of legacy technology (43 percent) were highlighted as key issues that IT leaders feel are preventing IoT from delivering greater business impact.

More than 84 percent of organisations have experiences an IoT-related security breach. More than half of respondents claimed that external attacks are a key barrier to embracing and adopting an IoT strategy.

“With the business benefits of IoT surpassing expectations, it's no surprise that the business world will move towards mass adoption by 2019. But with many executives unsure of how to apply IoT to their business, those who succeed in implementing IoT are well positioned to gain a competitive advantage,” said Chris Kozup, vice president of marketing at Aruba.

“While IoT grows in deployment, scale and complexity, proper security methodologies to protect the network and devices, and more importantly, the data and insights they extract, must also keep pace. If businesses do not take immediate steps to gain visibility and profile the IoT activities within their offices, they run the risk of exposure to potentially malicious activities. Aruba is enabling customers to rapidly assess IoT deployments within their facilities and determine any potential threats that may be present,” Kozup concluded.

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