Although there’s still a clear lack of standards with different vendors vying to take the lead, many organisations are getting ready for the internet of things (IoT).
Companies including Intel, Qualcomm, Google and others want to have a big stake in the future of IOT.
And there’s no doubt the hype is generating interest.
That’s the conclusion of market research company Gartner which said in a study that 40 percent of businesses think the IoT will have a “significant” impact in the next three years.
Nick Jones, a senior analyst at Gartner, said: “Only a small minority has deployed solutions in a production environment. However, the falling costs of networking and processing mean that there are few economic inhibitors to adding sensing and communications to products costing as little as a few tens of dollars”.
But even though many organisations are anticipating the IoT, few have put executives in leadership roles.
The main concerns of the people surveyed are security and privacy. And there is a shortage of people with the relevant skills to plot the future.