State of the Market: Internet of Things 2017

The Internet of Things goes enterprise-grade.

In 2016, the Internet of Things (IoT) gathered momentum. This year, there’s no turning back.

State of the Market: Internet of Things 2017

At a glance: IoT in 2017
 

  • IoT is at the core of digital transformation in the enterprise. It’s changing the playing field for organizations in every sector—helping them increase operational efficiency and grow their businesses.
  • Organizations have so far focused on simple use cases to track data and send status alerts. But, in 2017, IoT has become enterprise-grade.
  • IoT platforms are providing a single environment for developing and managing applications. New low-power networks are enabling organizations to deploy IoT quicker—helping lower costs.

IoT is taking flight.

IoT is taking hold in every industry. In healthcare, it’s helping pharmaceutical companies track and trace medicines from production to patient, and address US Drug Supply Chain Security Act (DSCSA) requirements. In agriculture, sensors in the ground are providing near-real-time data about the health of crops. Drones are already being tested by Energy and Utilities companies to monitor remote infrastructure and check for leaks, and being used by insurance companies for claims work. And, from coast to coast, US cities are deploying smart solutions to help manage traffic, maintain public safety and attract businesses and citizens alike.

73% of executives are either researching or currently deploying IoT1.

Enterprises are reaping IoT benefits beyond compliance. They’re saving money, finding new efficiencies, improving customer service and driving business growth. And the barriers that once stood in the way—security, cost, interoperability—are eroding fast thanks to simplified end-to-end solutions and low-cost IoT technologies and connectivity. That’s driving new use cases that will see organizations move on from simpler applications to achieve even greater value from IoT.

1 Based on 2017 survey commissioned by Verizon.

Get the full picture of IoT

Our insightful resources below can help you develop a better understanding of IoT’s potential and what it could mean for the future of your business.

New technologies and connectivity solutions are knocking down the barriers to IoT and fueling exciting new applications.

Discover how IoT is being used today and see our predictions for its future.

New technologies and connectivity solutions are knocking down the barriers to IoT and fueling exciting new applications.

Discover how IoT is being used today and see our predictions for its future.

IoT is open for business

IoT has always looked like a game-changer. Now, the tools are in place to overcome concerns around security, interoperability and cost. That’s why 2017 is the year IoT will become central to your organizational decision making.

Don’t go it alone

To make good on the promise of IoT, you’re going to need help. You’ll need partners that understand the latest technologies, and can help you bring together your ecosystem of connected devices cost-effectively and securely. We can help.

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