Lack of Technical Expertise Is the Biggest Hurdle for IoT Adoption

Recently, tech giant Microsoft released the IoT Signals report, which sought to uncover the general trends in global Internet of Things (IoT) adoption. The survey was conducted by interviewing over 3,000 IoT decision makers across the globe on how they viewed IoT, including adoption rates, technology trends, challenges of adoption, and the benefits they have received from IoT. The survey found that 85% of IoT decision makers have adopted IoT solutions in industries such as manufacturing, retail, transportation, government, and healthcare. 88% of those respondents believe that IoT is at least somewhat critical to a company’s success, and 94% will be using IoT in the next two years. The top reason these decision makers adopt IoT is to optimize operations; employee productivity and safety/security are other popular reasons.