FRESH DATA: 30% of IoT projects Fail in the Proof-of-Concept Stage

Microsoft’s latest report, IoT Signals, surveyed over 3,000 IT professionals and executives to create a detailed analysis of the challenges and benefits of IoT adoption. Adoption is not without its challenges. The report found that 38% of respondents feel complexity and technical challenges are a deal breaker, and 47% believe there isn’t enough talent available to build or maintain an IoT deployment. 97% said they are concerned about IoT device and infrastructure security, and 43% are concerned about creating strong user authentications. And 38% are worried about maintaining their IoT devices. The report also found that 30% of IoT projects never make it out of the proof-of-concept stage.

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Categories: Fiber, IoT, Market Research

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