VentureBeat November 11, 2021
According to a new report by Oracle, 64% of enterprise Internet of Things (IoT) decision-makers would opt for an “off-the-shelf” IoT solution over a custom-built offering, indicating a market shift in the way enterprises are viewing IoT adoption. This also speaks to the increasing demand for an easy route to IoT capabilities that enable rapid delivery. Forty-two percent of respondents’ projects were completed (or expected to be completed) in under 6 months and 88% in under 1 year.
Another key highlight from the report is that almost 90% of projects were described by the respondents as “fundamental” or “very important” to their core business, and just over half of all projects are visible to their customers. This datapoint is noteworthy...
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