IoT M2M Council research paints mixed picture of investment
October 20, 2015
A quarterly survey of 140 executives that self-identify as buyers of products and services for the Internet of Things shows a mixed picture for the near-term sales in the nascent technology sector. The Quarterly IoT Buyers' Index from the IoT M2M Council, which counts over 12,000 OEMs, enterprise users, and apps developers that deploy the technology as members, shows growth in the number of IoT deployments for the coming year, but an actual decrease in deployments over the next six months.
The survey asked executives to outline their buying plans in 6-month intervals, and compares the relative results with previous quarters. "We see an increase of 11.6% in the percentage of IoT Adopters looking to start projects in the next 12 months, but a small decrease of around 4% in those looking to do so in the next six months," said Alex Brisbourne, Chairman of the IMC and CEO of KORE Wireless, a managed connectivity provider for the IoT, "This could be due to the inconsistent economic picture globally, but time will tell."