The world is changing. The IoT market is maturing. We surveyed 1,639 companies to discover the positive effects that IoT is having on their businesses. We have learned how they are building resilient strategies using the technology, to survive and thrive in the future.
Companies are using IoT technology to improve their environmental impact on the world. 84% are using IoT to fundamentally improve their environmental sustainability.
IoT helps businesses prioritise and free up employees' time for high value activities. By innovating, industries are discovering opportunities to create new revenue streams. 73% of mature IoT adopters have seen a significant return on investment from IoT.
IoT is helping businesses quickly adapt working practices during the COVID-19 pandemic. 84% of IoT adopters feel IoT has ensured business continuity.
Companies are using IoT to access untapped data to drive strategic thinking and develop innovative projects to future proof their businesses.
IoT is a future-proofing technology. 87% of businesses say it's critical for their future success.
Being able to adapt faster to changing market conditions and to offer new products and services can reinvent the customer experience.