NASHUA, N.H., Oct. 31, 2018 (GLOBE NEWSWIRE) -- Dresner Advisory Services today published the 2018 IoT Intelligence® Market Study, part of the Wisdom of Crowds® series of research. Internet of Things, or IoT, is defined as the network of physical objects, or “things,” embedded with electronics, software, sensors, and connectivity to enable objects to collect and exchange data.
The 4th annual IoT Intelligence report reviews end user interest in and demand for business intelligence in an IoT world. The study examines key related technologies such as location intelligence, end user data preparation, cloud computing, advanced and predictive analytics, and big data analytics.
“Although current usage remains at lower levels, we see a slight warming toward IoT adoption up from 2017,” said Jim Ericson, vice president and research director at Dresner Advisory Services. “We expect that overall adoption will grow as more widely applicable use cases and services for IoT become apparent.”
The report shows that 32% of respondents are making investments in IoT today with another 48% planning investments over the course of the next two years. A majority of IoT investments will be focused upon IoT data analysis versus IoT infrastructure or an IoT data supply chain.
“While the market is still in an early stage, we believe that IoT Intelligence, the means to understand and leverage IoT data, will continue to expand as organizations mature in their collection and leverage of sensor level data,” said Howard Dresner, founder and chief research officer at Dresner Advisory Services.
Wisdom of Crowds® research is based on data collected on usage and deployment trends, products, and vendors. Users in all roles and throughout all industries contributed to provide a complete view of realities, plans, and perceptions of the market. To purchase a copy of the 2018 IoT Intelligence Market Study, visit www.iotintelligence.report.
About Dresner Advisory Services
Dresner Advisory Services was formed by Howard Dresner, an independent analyst, author, lecturer, and business adviser. Dresner Advisory Services, LLC focuses on creating and sharing thought leadership for Business Intelligence (BI), information management, performance management, and related areas.
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