Enterprises are subscribing to a slow-and-steady strategy when it comes to incorporating Internet of Things IoT technologies into their environments, finds a new study from open-source software maker Red Hat. Conducted by TechValidate, the report found that only 12 percent of organizations – the companies polled 565 enterprise IT decision makers in total – were currently rolling out an IoT solution. It might not seem like much, given the hype surrounding IoT and its related technologies, but Red Hat believes that it's an encouraging sign. "Far from being a negative, this mirrors the typical enterprise adoption of new technologies, with project roll-outs often taking far longer than they may in smaller organizations or in the consumer world," wrote Red Hat's IoT Team in the company's official blog. "This timeline can sometimes be sped up with the right technology, as IT decision-makers and buyers will often hold on project implementations until they know for sure that a given product will meet their needs, both for the short term and the future; IoT is no different." Essentially, as history has proven with other game-changing technologies, low adoption at this early stage is par for the course. "So much like every other significant technology decision, enterprises are being deliberate when it comes to implementing IoT solutions," stated Red Hat. Things may be simmering now, but the IoT market is expected to boil over during the next few years. IDC recently forecast that the IoT solutions and services market would balloon to $1.7 trillion by 2020, compared to the $655.8 billion the IT industry raked in last year. Although IoT adoption among businesses may seem tepid at the moment, interest is relatively high. Forty-three percent of respondents said IoT was "immediately important" to their organizations. Another 46 percent reported evaluating, prototyping or otherwise exploring how to integrate IoT technologies into their environments. IT departments are particularly bullish about adding IoT solutions to their work day. Sixty-five percent of those surveyed said they expect operations improvements while 51 percent expect the tech to help optimize their processes. Of course, the open source community is expected to help guide the IoT's evolution. "As for technology drivers behind IoT, it's no surprise that open source is the workhorse of choice among survey respondents," stated the company. "[Eighty-six] percent of respondents pointed out that open source would play a role in their IoT projects, falling in line with open source's history of being a catalyst for enterprise innovation, from cloud computing to containers." Pedro Hernandez is a contributing editor at Datamation. Follow him on Twitter @ecoINSITE. Photo courtesy of Shutterstock. Top 10 Benefits of Robotic Process Automation (RPA) FEATURE | By James Maguire, April 13, 2020 Artificial Intelligence and RPA: Keys to Digital Transformation FEATURE | By James Maguire, April 13, 2020 The Critical Importance Of The Intel DARPA GARD AI Initiative ARTIFICIAL INTELLIGENCE | By Rob Enderle, April 10, 2020 How Artificial Intelligence Improves Productivity ARTIFICIAL INTELLIGENCE | By James Maguire, April 08, 2020 COVID-19 Creates Need For A Web-Based AI News Accuracy Tool FEATURE | By Rob Enderle, April 03, 2020 Robotic Process Automation: Expert Discussion ARTIFICIAL INTELLIGENCE | By James Maguire, March 25, 2020 Keeping Machine Learning Algorithms Humble and Honest in the ‘Ethics-First’ Era ARTIFICIAL INTELLIGENCE | By Guest Author, March 19, 2020 Using AI and Automation in Your Business ARTIFICIAL INTELLIGENCE | By James Maguire, March 13, 2020 IBM's Prototype AutoML Could Vastly Improve AI Responses To Pandemics FEATURE | By Rob Enderle, March 13, 2020 How 5G Will Enable The First General Purpose AI ARTIFICIAL INTELLIGENCE | By Rob Enderle, February 28, 2020 Artificial Intelligence, Smart Robots and Conscious Computers: Is Your Business Ready? ARTIFICIAL INTELLIGENCE | By James Maguire, February 13, 2020 Datamation's Emerging Tech Podcast and Webcast ARTIFICIAL INTELLIGENCE | By James Maguire, February 11, 2020 The Human-Emulating Quantum AI Coming This Decade FEATURE | By Rob Enderle, January 30, 2020 How to Get Started with Artificial Intelligence FEATURE | By James Maguire, January 29, 2020 Top Machine Learning Services in the Cloud ARTIFICIAL INTELLIGENCE | By Sean Michael Kerner, January 29, 2020 Quantum Computing: The Biggest Announcement from CES ARTIFICIAL INTELLIGENCE | By Rob Enderle, January 10, 2020 The Artificial Intelligence Index: AI Hiring, Data, Trends FEATURE | By James Maguire, January 07, 2020 Artificial Intelligence in 2020: Urgency and Pragmatism ARTIFICIAL INTELLIGENCE | By James Maguire, December 20, 2019 Intel Buys Habana And Gets Serious About Deep Learning AI FEATURE | By Rob Enderle, December 17, 2019 Qualcomm And Rethinking the PC And Smartphone ARTIFICIAL INTELLIGENCE | By Rob Enderle, December 06, 2019
Enterprise software giant Red Hat has discovered companies are subscribing to a slow - and - steady stategy when it comes to incorporating the IoT technologies into their environment . The report found that only 12 percent of companies were using IoT solutions in their work . Red Hat says this is an encouraging trend , writing " Far from being a negative , this mirrors the typical enterprise adoption of new technologies , with project roll - outs often taking far longer than they would in smaller organizations or in the consumer world " . IDC recently reported that the IoT market is expected to balloon to $ 1.7 trillion by 2020 .