In its 2020 IoT Spotlight Report, Vodafone Business discovered some positive statistics when it comes to how IoT is impacting businesses—and how vital IoT is to the future of most organizations.
These numbers are no surprise to us, given the positive impact we have seen IoT applications and devices have on our clients over the years. But, it’s exciting to see some concrete stats. The report solicited responses from more than 1600 businesses and discovered that:
- 95 percent have seen a return on investment in IoT
- 87 percent feel their core business strategy has changed in a positive way after adopting IoT
- 84 percent said IoT technology helped them maintain business continuity during the pandemic
- Another 84 percent view integration of IoT devices with workers more important due to COVID
It is clear that IoT is helping companies respond to ever-changing market conditions quickly and efficiently, and the technology will continue to help organizations survive and succeed. If you want to read more about the specific work we have done with our clients in the IoT space, check out our portfolio page or contact us to learn more about how IoT can help your company.