Corporate leaders are aware of IoT, but aren't really prepared for it

More than 40 percent of organizations anticipate the Internet of Things (IoT) will lead to significant changes in the next three years, but that doesn't mean senior business leaders are prepared. Less than 25 percent of companies have chosen an executive to lead IoT, according to Gartner - a troubling sign if businesses are going to begin relying on IoT services.

There seem to be enough problems related to cybersecurity in the enterprise, and IoT may only further complicate things. Security protocols are difficult enough to follow, but with connected technologies growing, companies must be proactive.

For companies interested in adopting IoT rapidly, a high-level business executive leader must be chosen to drive IoT initiatives. In addition, the entire organization must be educated regarding IoT adoption - including potential opportunities and pitfalls. Analysts also recommend planning sooner rather than later, especially if IoT solutions will be utilized quickly.

Last updated: Jun 16, 2020 at 04:29 pm CDT