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Companies are benefitting from using Internet of Things (IoT) in their operations, according to a new Verizon Business survey.
In addition to a positive return on investment (ROI), businesses are seeing potential growth and internal enthusiasm for using the IoT tools, the survey said.
“The Internet of Things is a data powerhouse. A business’s connected machines, IT systems, and overall operations produce an enormous amount of data — location, condition, anomaly, threat, operational progress and continuity, and so on,” said Verizon Senior Vice President of Global Solutions and IoT Daniel Lawson in a prepared statement about the survey.
“IoT is how that data gets collected and parsed to provide businesses with insights about how things are going and how they can be improved. This survey tells us that IoT is highly valuable and scalable when implemented correctly, benefits from a full connected ecosystem, and is about to get a lot more interesting and dynamic with AI [artificial intelligence] and other emerging technologies.”
Among the survey’s findings:
The survey comes out shortly after a J.D. Power report that found satisfaction is improving markedly among business wireless customers.
Telecompetitor is a publication of Pivot.
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Business IoT Services Provide Positive ROI: Survey – Telecompetitor
