VDC Research: The Cost of Being Late to IoT Adoption  

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loT Transformation & the Cost of Being Late

Digital transformation and the loT are impacting all corners of the product manufacturing market. In fact, within 3 years, 78% of engineering organizations expect their product to leverage the loT in some way. From functionality and service improvements to business model changes, loT adoption is reshaping the engineering ecosystem, across device categories as diverse as industrial automation systems, consumer electronics and medical devices. While this change can be seen across industry segments, the breadth and depth of loT adoption remains uneven between markets and even between peer organizations.

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