South Korea, Singapore and New Zealand rank highly in IDC IoT analysis

South Korea is best placed for Internet of Things (IoT) implementation in the Asia Pacific region, according to the latest note from IDC. The report, which excludes Japan from its analysis, also heaped praise on Singapore and New Zealand. South Korea, according to IDC, scored ‘extremely highly’ on all measures, from business readiness to technological preparedness, as well as rating well on IoT spend as a percentage of GDP, meaning the country’s future plans are just as assured as the present. Singapore is an ‘excellent incubator’ of IoT solutions owing to its cloud and broadband infrastructure as well as its ‘startup-friendly’ environment, while New Zealand rated on ease of doing business and startup procedures among others.