The IoT is increasingly being adopted by companies worldwide, according to a survey by Vodafone. Of the firms that responded, 28% said they were already using IoT technology and 76% said IoT would be crucial to future success in their sector. “Companies are looking at how we can use this new generation of devices for better customer experience and more efficient operations,” says John O’Connell, director of product management at Vodafone UK. Elsewhere, Netherlands telecom provider, KPN, has also completed its nationwide IoT network and SoftBank has acquired ARM in a bid to lead the design of chips to power IoT devices.
The IoT is increasingly being adopted by companies worldwide, according to a survey by Vodafone. Of the firms that responded, 28% said they were already using IoT technology and 76% said IoT would be crucial to future success in their sector. However, 18% said that security concerns could be a potential barrier to the wider adoption of IoT within their businesses. Elsewhere, Netherlands telecom provider, KPN, has also completed its nationwide IoT network and SoftBank has acquired ARM in a bid to lead the design of chips to power IoT devices.