Cradlepoint announced the release of a new Cradlepoint Business Intelligence Report, “The State of IoT 2017-2018”, which reveals the current IT practices, perceptions and future plans surrounding global Internet of Things (IoT) deployments. The findings of the underlying study revealed that even though over 69 percent of organizations have adopted, or plan to adopt, IoT solutions within the next year, 40 percent of companies have serious concerns around cybersecurity.
Conducted by Spiceworks, the study surveyed 400 IT professionals in the U.S., Canada, and the UK at companies with at least 500 employees across 22 industries. Respondents are all involved with IoT strategies and decisions at their organizations.
While cybersecurity remains the top concern (40 percent), it is a desire for increased physical security that is the top driver for IoT adoption (32 percent), followed by improved operational processes (23 percent), reduced operational costs (21 percent) and simplified management (20 percent). Approximately 71 percent of respondents who already use IoT technologies say they’re using it for building security, often through security cameras.