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Companies in Australia and New Zealand struggling with IoT
ALTHOUGH business leaders understand that the internet of things (IoT) is an exciting technology, they’re beginning to realize that benefiting from it might not be as easy as advertised. According to IDC, almost half of Australia’s large commercial enterprises have deployed IoT systems but are now facing expansion challenges around security and infrastructure, while New Zealand’s ability to deploy commercial IoT solutions is being hampered by cost barriers. Based on the results of a survey recently conducted by IDC, it seems as though Australian companies are trying to use IoT data to generate insights about new product development and to improve customer service but are struggling to find useful insights within the data collected.
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