IoT sponsored by The 2112 Group

Channelnomics Original

0

Microsoft: 30% of IoT Projects Fail Prematurely

August 2, 2019

Study finds that Internet of Things initiatives fail because of cost, complexity, and unclear ROI

A new study commissioned by Microsoft finds that 88% of enterprise IT planners believe the adoption of IoT technologies and services is critical to their business success. However, 30% of all IoT projects end in the proof-of-concept phase because of escalating costs, complexity, and unclear return on investment.