The “Internet of Things” is expected to be one of the primary drivers for the expanded use of analytics – and IoT analytics are, in fact, expected to drive a large portion of the value that can be derived from IoT projects.
Eighty-six percent of stakeholders in business roles said that data was important to their IoT project
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Only 8% were “fully” capturing and analyzing IoT data in a timely fashion
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Most of the participants, a full 94%, said that they faced challenged in collecting and analyzing IoT data
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70% of participants said they would make better, more meaningful decisions with improved data, and 86% felt that better data would increase the return on investment of their IoT investment