Blog Post

Did you know 80% of organisations are still struggling to harness IoT data?

Organisations are facing significant challenges when it comes to maximising the Internet of Things (IoT), according to a survey* by award-winning app development platform KnowledgeKube.

The research, conducted with senior decision makers attending the IoT Show Asia 2016, revealed that only 20% of survey respondents felt they had the necessary physical access to IoT data, despite the fact that 70% cited IoT as ‘important’ or ‘very important’ to their business. 

Peter Robbins, managing director at Mercato Solutions – creators of KnowledgeKube, said: ‘‘Research at the IoT show highlighted the importance of a move towards an open data culture and a greater ability to use that data.

“Being able to access publicly available information, such as intelligent transport data, opens up the possibility of organisations using information in new ways, coming up with solutions that may not have been thought of before.’’ 

The survey also revealed that almost half of respondents claimed they had no process for delivering applications based on their data. The perceived cost and risk, long timescales and a lack of IT skills were also named as significant barriers.

Robbins continued, ‘‘IoT is a data goldmine, but without the ability to gather, or act on it, businesses are no better off. To make IoT projects viable, organisations need to be able to manage information by creating bespoke applications faster, and therefore cheaper, than traditional methods.

‘‘The emergence of low-code application platforms has made this possible. These self-service rapid application development platforms are allowing all users – with or without an IT background – to test ideas, preview and deploy web and mobile apps quicker than ever before.’’

See below for our infographic:

Posted on 31 October 2016
Comments
Blog post currently doesn't have any comments.