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Wall Street Journal

Internet of Things Adoption to Rise Despite Security, Data Integration Challenges

Internet of Things Adoption to Rise Despite Security, Data Integration Challenges

Companies are expanding existing IoT projects and launching new ones -- 60% this year versus 40% in 2016 -- due to increased interest in the technologies and the availability of solutions, according to more than 600 IoT decision-makers polled by Bain & Company.

  • August 06, 2018
  • min read

Wall Street Journal

Internet of Things Adoption to Rise Despite Security, Data Integration Challenges

Firms continue to adopt Internet of Things technologies, but believe large-scale deployments and returns on investment may take longer than expected to materialize due to ongoing security and implementation challenges.

Companies are expanding existing IoT projects and launching new ones -- 60% this year versus 40% in 2016 -- due to increased interest in the technologies and the availability of solutions, according to more than 600 IoT decision-makers polled by consulting firm Bain & Co.

"We still feel the market is going to be very large," said Ann Bosche, a partner at Bain and co-author of the report. Customer expectations were tempered this year compared to 2016, "but were much more realistic and grounded," she said.

Read full article on The Wall Street Journal here.