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94% enterprises will use IoT by end 2021: Microsoft report

August 07, 2019 / Nandita Mathur

The Internet of Things (IoT) is seen as profitable and critical to business success and is creating opportunities to leverage more advanced cloud and networking technologies, according to Microsoft's new report IoT Signals.The report provides an insight on the state of IoT adoption, and how a company can better serve its partners and customers, as well as help business leaders in development of their own IoT strategies. Microsoft surveyed more than 3,000 IoT decision-makers in enterprise organizations to give the industry a holistic, market-level view of the IoT ecosystem, including adoption rates, related technology trends, challenges and benefits of IoT.