Vodacom Business recently announced findings of its latest Internet of Things (IoT) Barometer 2019, which highlights a clear picture on how non-adopters of IoT business will have fallen behind rivals within a few years.
The Barometer also serves as a guide in terms of what’s happening around the world across all sectors, and where it’s headed. With responses from 1,758 businesses world-wide, the Barometer finds that more than a third (34%) of businesses now make use of IoT, 70% of these adopters have moved beyond pilot stage and 95% of adopters are seeing the benefits of investment in the IoT technology as it moves into the mainstream.
Commenting on the results, Peter Malebye, Managing Executive for Vodacom Business IoT said: “IoT is central to business success in an increasingly digitised world, with 72% of adopters saying digital transformation is impossible without it. The good news is that IoT enablement platforms make the technology easier to deploy for businesses of all sizes and connectivity options like NB-IoT and 5G will make implantation easier and improve services. In this climate, companies need to be considering not if but rather how they will implement IoT, and they must also be fully committed to the technology to capitalise on the positive value/outcomes enabled by IoT.”
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