71% of organisations we spoke to list Big Data as one of the most significant trends they face, with 67% also listing IoT.
70% of these organisations feel they’ll be at a competitive disadvantage too if they don’t adopt Big Data.
66% of organisations plan to invest in IoT over the next 2 years, and 56% will invest in Big Data.
But 23% fear there’s a lack of necessary IT infrastructure to adopt technology for IoT and Big Data.
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.
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.
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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