IoT and the human element
In addition, organisations with the most successful IoT initiatives leveraged ecosystem partnerships most widely. They used partners at every phase, from strategic planning to data analytics after rollout. Despite the strong agreement on the importance of collaboration among IT and business decision-makers, some interesting differences emerged: IT decision-makers place more importance on technologies, organisational culture, expertise, and vendors. Business decision makers place greatest emphasis on strategy, business cases, processes and milestones. IT decision-makers are more likely to think of IoT initiatives as successful. While 35% of IT decision-makers called their IoT initiatives a complete success, only 15% of business decision-makers did.
Despite the challenges, many companies that participated in the survey stated that they were optimistic for the future of IoT – a trend that, for all its forward momentum, is still in its nascent stages of evolution. Some 61% believe that we have barely begun to scratch the surface of what IoT technologies can do for their businesses. Within the realms of IoT, we are really just the beginning of a long and eventful journey – but one that will ultimately prove to be highly beneficial and rewarding. Buckle up.
Ed Holden
Editor
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