European Industry Survey Reveals Key Trends in Internet of Things

May 17, 2016

PLAT.ONE, an Enterprise Internet of Things (IoT) solution platform, announced the results of its European IoT Industry Survey from the M2M Forum in Milan. PLAT.ONE conducted an Internet of Things Industry survey in Europe in Q2 2016 to learn about the challenges IT and business professionals are facing with their IoT projects. Key areas of investigation included IT infrastructure, technology requirements, business challenges, and state of deployment.

Key Findings Include:

  • "Connectivity and Protocols" are the #1 technical challenge in planning and deploying IoT projects, followed by "Analysis of IoT data"
  • Over half of all IoT projects in planning are in just two sectors, Connected Products and Transport/Logistics
  • 72% claim to have IoT projects in the planning stage, but only 9% have funded IoT projects
  • The biggest business challenge in planningand deploying IoT projects is "Proving ROI" followed by "Convincing key internal stakeholders that this is the right time"