The majority of our audience have adopted IoT functions. However, a third currently have no active initiatives, with 26% planning to implement in the next 12 months.
IoT Development
Top 5 IoT Areas of Development - The Year of the Smart Home!
Connected Cars
Home Automation
Home Security
Tracking Location
Home Appliances
IoT Development
Top IoT Areas For Development/Support
Smart Healthcare
Smart Agriculture
Smart Factory
IoT Development
Support Provided in a Smart Future
Analytics
Data
Storage
IoT Developers
Involved in creating IoT infrastructure, consumer-oriented and/or enterprise products (energy) and government related (smart cities)
only 16% said they have widespread IoT related functions/workloads
66% indicated they evaluate and recommend products showcasing their influence (31% were final decision maker)
Current vs Future Industries
Top 3 Current Targets
Transport/ Freight
Healthcare
Government
Future Top 3
Retailers/ Distributors
Engineering/ Construction
Logistics
CURRENT STATE OF IoT
Key takeout
APAC IoT revenue will rise to $386 billion by 2025, overtaking Europe in 2018 and North America in 2023 – regions that currently have the most mature and vibrant IoT ecosystems.
Only 11% of APAC organisations have conducted a formal audit to identify all IoT / Machine-To-Machine based activity
The Benefits for Iot & The Cloud
On-Demand, Self-Service
Hybrid Cloud seen as the best cloud model - 46%
Followed by private - 27%, public 17%
Challenges In Deploying
Security of IoT
Understanding New Technology
Costs
Scale Of Task
44% of organisations said the growth in machine-to-machine connections (IoT) and big data have somewhat impacted data breaches
Security Still Impacts The Risk Of Customer Data Breaches
Reasons For Risk >50%
Maintaining Access Control
Hacks Taking Control
Cyber Attacks
Right Tools To Manage Devices
Security of Stored Data
BENEFITS & CHALLENGES
Key takeout
Organisations in the APAC region are looking at serious challenges with IoT including: keeping data secure; availability of skilled staff; and presenting compelling ROI.