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Unleashing the mega trends

By 2020, some 50 to 250 billion ‘things’ – from laptops to smartphones, cars to buildings, health diagnostics to security systems – will all be communicating, sharing data and providing real-time information over the Internet of Things (IoT).

The Internet of Things and Big Data are the Mega Trends – the generators and analysers of a multitude of data. They’re the essence of a digital world and, according to many analysts, the future of all our interactions.

In this report we explore the practicalities of unleashing the mega trends as we uncover the daily motivations, opportunities and barriers organisations deal with as they get to grips with these critical technologies.

We discover how the power of data and analytics is profoundly altering the business landscape – and our research shows that senior management isn’t sufficiently engaged in these technologies.

The facts

71 percent

71% of organisations we spoke to list Big Data as one of the most significant trends they face, with 67% also listing IoT.

70 percent

70% of these organisations feel they’ll be at a competitive disadvantage too if they don’t adopt Big Data.

66 percent

66% of organisations plan to invest in IoT over the next 2 years, and 56% will invest in Big Data.

23 percent

But 23% fear there’s a lack of necessary IT infrastructure to adopt technology for IoT and Big Data.

Unleashing the mega trends

IoT is fast becoming the backbone of society – and why businesses should care

By 2020, it is highly likely that there will be from 50-250 billion connected objects in this world. The Internet of Things (IoT) will change the expectations and behaviour of consumers as well as employees.

Rohit Talwar, CEO of Fast Future Research, and editor of The Future of Business, discusses how data produced through the increasing number of connected objects will transform business as we know it.

The Cloud Forecast

Our research shows that the upswing in the use of cloud technology could help reap the benefits of IoT and Big Data. And around 9 in 10 organisations say that it’s important for anyone using these technologies to have an excellent data security strategy.

Unleashing the Mega Trends – the full report

If you’re struggling to get to grips with IoT and Big Data, don’t worry – you’re not alone. But as these trends continue to rise in importance it’s vital that you’re prepared. Our report combines case studies, top tips and opinion from industry experts to provide direction and strategy for tackling the mega trends.

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