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IoT technology is hitting an inflection point for businesses

A new survey released by UK-based research firm Omdia bears out some of the industry’s rosier predictions for IoT uptake among businesses, finding that almost four out of five companies expect to be actively deploying IoT within the next two years.

The survey, which was commissioned by IoT connectivity vendor MachineQ and collected responses from more than 200 enterprises in the manufacturing, retail, real estate and construction, healthcare and life sciences industries, also found that 70% of respondents said that they planned to have more than 50,000 IoT devices deployed within the next 24 months.

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Source:: Network World – IoT