A new study from HPE Aruba shows the Internet of Things (IoT) has hit an inflection point in the minds of business leaders, and is now seen as a necessary technology. The research questioned 3,100 IT and business decision makers across 20 countries to evaluate the current state of IoT and its impact across different industries.
A huge level of optimism around the opportunity of IoT exists and business leaders believe that IoT will transform business as we know it.
Such views seem well founded; many respondents report substantial ROI, cost efficiencies, better customer experience and enhanced innovation as a result of IoT adoption. Such benefits are predicted to impact all parts of the business; not just IT.
However, looking at adoption rate today, understanding of IoT is divided and confused, along the fault line of IT and business decision makers. Across the spectrum of IoT, businesses show a disconnect over what IoT is; what devices are connected and how prepared they feel to deal with it. This matters, because the majority of our respondents think that IoT-based security breaches have a high chance of occurring in the future.
So, if IoT is already here, we now need to recognize what it means in each industry, building a common language that business and IT can understand, in order to create system-wide adoption and maintaining its extraordinary, profitable growth within business environments.
In his new eBook ‘Making Sense of IoT’ , commissioned by Aruba, technology visionary Kevin Ashton—who coined the term 'Internet of Things’— presents the following definition:
“The ‘Internet of Things’ means sensors connected to the Internet and behaving in an Internet-like way by making open, ad hoc connections, sharing data freely and allowing unexpected applications, so computers can understand the world around them and become humanity’s nervous system.”
Mr. Ammar Enaya, Regional Director – Middle East and Turkey, Aruba, a Hewlett Packard Enterprise company, comments: “With the business benefits of IoT surpassing expectations, it’s no surprise that the business world will move towards mass adoption by 2019. But with many executives unsure of how to apply IoT to their business, those who succeed in implementing IoT are well positioned to gain a competitive advantage.”
Below are the results of the IoT Study across the Healthcare Industry.
State of IoT: Healthcare
By 2019, 87% of healthcare organizations will have adopted Internet of Things (IoT) technology and 76% believe it will transform the healthcare industry. But, how are business executives using IoT today and what do they expect from it in the future? Here’s what they told us.
How is IoT being used?
- 73% Monitoring and maintenance
- 50% Remote operation and control
- 47% Location based services
- 67% plan to connect their IoT devices using Wi-Fi
Benefits from IoT
- 80% Increased innovation
- 76% Visibility across the organization
- 73% Cost savings
The most common IoT devices today
- 64% Patient monitors
- 56% Energy meters
- 33% X-rays and imaging devices
Threats from IoT
- 89% have suffered an IoT-related security breach
- 49% Malware
- 39% Human error
- 22% DDoS
“In the future IoT will allow us to…”
- 57% Increase workforce productivity
- 57% Save costs
- 36% Create new business models
- 27% Improve collaboration with colleagues and patients
Mr. Enaya comments, “While IoT grows in deployment, scale and complexity, proper security methodologies to protect the network and devices, and more importantly, the data and insights they extract, must also keep pace. If businesses do not take immediate steps to gain visibility and profile the IoT activities within their offices, they run the risk of exposure to potentially malicious activities. Aruba is enabling customers to rapidly assess IoT deployments within their facilities and determine any potential threats that may be present.”
Ashton concludes: “Since its inception in 1999, the Internet of Things has been ridiculed, criticized, and misunderstood. And yet here we are, less than two decades later, in a world where tens of thousands of organizations are saving and making hundreds of millions of dollars from the Internet of Things, using cars that drive themselves, subway stations that sense passengers, algorithms that diagnose deadly diseases using phones, and many other once apparently-impossible technologies. The future promises far more amazing things. The most important decision you can make now is how to be a part of it.”