Implementation cost is key obstacle for IoT adoption in APAC: Aruba report
86% of organizations in Asia Pacific will have some form of IoT in place by 2019; reveals a study by Aruba Networks, a Hewlett Packard Enterprise company. The study also warns that connecting thousands of things to existing business networks will open up new security challenges, as organizations adopt IoT to leverage the business benefits of enhanced efficiency and innovation across industries.
According to the research, 97% of respondents from Asia Pacific (Australia, China, India, Japan, Singapore, and South Korea) have an understanding of IoT, but many are still unclear of the exact definition of IoT and what value it brings to their organizations.
35% of business leaders cited significant profit increases after deploying IoT. While 39% of executives expected their IoT strategies to yield huge business efficiency improvements, actual results show that 51% of those who implemented IoT have experienced great business efficiency gains.
Chris Kozup, Vice President, Marketing, Aruba, said “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.”According to Aruba research the following five vertical industries are leaders in their adoption of IoT and have realized tangible business benefits from a focused, use case approach to adoption.