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97% adopters have security concerns when implementing IoT: Microsoft report

July 31, 2019 / moneycontrol

Microsoft announced IoT Signals, a new research report designed to provide a global overview of the IoT landscape. Microsoft surveyed over 3,000 IoT decision-makers in enterprise organizations in order to give the industry a holistic, market-level view of the IoT ecosystem, including adoption rates, related technology trends, challenges, and benefits of IoT. The report indicates that IoT adoption is growing rapidly, and respondents believe 30 percent of their company’s revenue two years from now will be due to IoT. Yet, the industry faces a significant IoT skills gap, as well as complexity and security challenges that may compromise business benefits to IoT if not addressed.