Firms in Asia-Pacific on way to become intelligent enterprises

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IANS New Delhi
Last Updated : Nov 02 2017 | 5:28 PM IST

When it comes to leveraging ties between physical and digital worlds for better visibility, enterprises in Asia-Pacific (APAC) region, including India, are on the path to becoming more intelligent when compared to firms globally, a new study said on Thursday.

The framework of an 'intelligent enterprise' is based on technology solutions that integrate cloud computing, mobility and the Internet of Things (IoT) to automatically "sense" information from enterprise assets.

Operational data from these assets, including status, location, utilisation or preferences, is then "analysed" to provide actionable insights, which can then be mobilised to the right person at the right time so they can be "acted" upon to drive better, more timely decisions by users anywhere, at any time.

According to the study by Zebra Technologies, 45 per cent of the enterprises globally are on the path to becoming intelligent enterprises -- scoring between 50-75 points on the overall index.

In comparison, Asia Pacific respondents scored above the global average, with 51 per cent of those polled scoring between the 50-75 points.

However, when it comes to exceeding 75 points on the index -- that is percentage of enterprises that are already intelligent -- firms in APAC region fall behind with merely two per cent of them scoring above the benchmark when compared with eight per cent globally.

In the APAC region, IoT vision is strong and investment is set to increase.

"In APAC, 38 per cent of companies spend more than $1 million toward IoT annually and 80 per cent expect that number to increase in the next one to two years. In fact, 67 per cent of APAC companies expect their IoT investment to increase by 11 per cent or more during this time," the study found.

However, 39 per cent of companies have not executed on their IoT plans or do not have any plans at all.

"Clearly, many enterprises are still forming their IoT strategies, but we are seeing segments that have identified targeted use cases and are aggressively deploying solutions," said Tom Bianculli, Chief Technology Officer, Zebra.

--IANS

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First Published: Nov 02 2017 | 5:14 PM IST

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