TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Internet of Things

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Vodafone Media

Internet of Things

IoT goes mainstream

Via Vodafone Media

Jul 14, 2016

Vodafone today published its fourth annual IoT Barometer Report - the leading global survey of business sentiment regarding innovation and investment in the Internet of Things, the term used to describe the evolution of a new generation of devices and processes using connected network intelligence to deliver advanced capabilities. Examples of IoT applications - including driverless cars, smart metering for gas and power and remote monitoring for homes and industry - can be found here . The survey was conducted by Circle Research in April and May 2016 and involved more than 1,096 companies across Australia, Brazil, Canada, China, Germany, India, Ireland, Italy, Japan, The Netherlands, South Africa, South Korea, Spain, Turkey, the UAE, the UK and the USA.

The 2016 Vodafone IoT Barometer Report found that:

  • 89% of companies investing in IoT have increased their budgets over the last 12 months;
  • 76% of all companies interviewed believe that taking advantage of IoT technologies will be critical for the future success of any organisation;
  • 63% of IoT adopters are seeing "significant" returns on investment, up from 59% in last year's Report; and
  • IoT investment now accounts for 24% of the average IT budget, on a par with cloud computing or data analytics.

The Report also found that IoT technologies play a key role in mainstream business activities in an increasing number of companies. Highlights included:

  • 48% of companies interviewed are using IoT technologies to support large-scale business transformation, rising to 61% in the Asia-Pacific region;
  • 52% of consumer electronics companies interviewed are using IoT technologies as the basis for a new generation of applications for connected homes; and
  • 46% of all companies interviewed said they intend to develop new IoT-based products and services over the next two years.

Vodafone Group IoT Director Erik Brenneis said:

"Three-quarters of the companies we interviewed now recognise that the Internet of Things is a new industrial revolution that will change how people work and live forever, and almost half the companies surveyed across multiple countries and sectors told us they're already planning to bring connected network intelligence to millions of devices and processes over the next two years. 2016 is the year the Internet of Things entered the mainstream."

The 2016 Vodafone IoT Barometer Report can be found here

Related Topics
  • 6G R&I,
  • Device Software & Apps,
  • Devices,
  • Digital Platforms & Services,
  • Europe,
  • Internet of Things,
  • IoT Services & Applications,
  • News,
  • Research and Trials,
  • Tracker

More Like This

5G

What’s up with… Samsung, Vodafone, Sunrise, FCC

Jan 22, 2021

Access Evolution

BICS expands NB-IoT connectivity to France to support flourishing IoT market

Jan 21, 2021

Edge

Telefónica opens up its 5G network and edge computing to startups to develop new services

Jan 20, 2021

Access Evolution

What’s up with… German network sharing, Orange, Ericsson

Jan 19, 2021

Access Evolution

How AI and connectivity could unlock a new drone age for industry

Jan 15, 2021

This content extract was originally sourced from an external website (Vodafone Media) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

2:23

The TelecomTV Snapshot: The Great Telco Debate 2020 - CSP Highlights

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices