Framingham, Mass. February 24, 2017: Internet of Things (IoT) infrastructure spending is making inroads into enterprise IT budgets across a diverse set of industry verticals, according to a new survey by the International Data Corporation (IDC).
The results of a US survey, IoT IT Infrastructure Survey has found that improved business offerings, IoT data management, and new networking elements were key to a successful IoT initiative within an enterprise.
The new survey examines current and future plans of IT end users for IoT infrastructure and provides an analysis on IT organisations’ knowledge of IoT, their plans to deploy an IoT strategy in the next 24 months, and which vendors are best suited to influence end user IoT initiatives.
Additional findings from the survey include the following:
- Telecom service providers, high-tech, manufacturing, and construction industries emerged as top verticals actively deploying IoT solutions.
- There will be a rise in demand for newer networking elements that can address the needs of IoT traffic behavior.
- WiFi and Bluetooth low energy (BLE) are top contenders as preferred IoT connectivity mechanisms. However, long-range, wide-area networks (LoRaWAN) and narrowband IoT (NB-IoT) are equally poised to give a tough fight to WiFi and BLE vendors.
- Data analytics, correlation, and pattern recognition capabilities at point-of-data creation proves to be a key decision factor in vendor evaluation.
- There will be a significant shift towards edge server deployments as well as broader adoption of public cloud-based services for IoT.
“The survey revealed that IoT will have significant impact on end users’ decisions and strategies related to IT infrastructure across all three major technology domains: networking, software, and storage,” said Natalya Yezhkova, Research Director, Storage. “Increase in budgets, broader adoption of public cloud, and open source solutions are the most anticipated results of IoT initiatives.”
Image Credit: IDC