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Nearly three-fourth of Internet of Things projects are failing: Cisco

IDC predicts that worldwide installed base of IoT endpoints will grow to more than 82 bn in 2025

IANS  |  London 

While Internet of Things (IoT) ecosystem is gaining momentum globally, a new survey has found that enterprises did not consider nearly a third of all the completed projects a success and plenty of things can be done to get more projects out of pilot. The study, conducted by Global networking giant Cisco, shows that 60 per cent of IoT initiatives stall at the Proof of Concept (PoC) stage and only 26 per cent of companies have had an IoT initiative that they considered a complete success. "It's not for lack of trying. But there are plenty of things we can do to get more ...

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First Published: Wed, May 24 2017. 15:20 IST
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