Catching Up On The Latest In IoT Intelligence, 2019
59% of enterprises consider data science and machine learning critical to their business in 2019. 48% of enterprises say Cloud BI is either critical or very important to their operations, which is an all-time high for the survey. Marketing & Sales and R&D place the highest levels of importance on IoT today. Manufacturing, Financial Services/Insurance, and Technology enterprises are the most likely to describe IoT technologies as critical to their business. These and many other fascinating insights are from Dresner Advisory Associates’ 2019 Edition of IoT Intelligence® Market Study now in its 5th year of publication. 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 study reviews organizations’ interest in and demand for applying business intelligence (BI) to IoT data, systems, and processes. R&D and Marketing & Sales departments assign the highest levels of IoT importance, as do larger manufacturing, financial services/insurance, and technology organizations. Please see page 11 of the study for specifics regarding the methodology and respondent demographics.