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AI Adoption Trends and Customer Experience 2023
The recent frenzy of interest in generative AI has changed the perception of artificial intelligence (AI). Once locked inside other processes, AI was often forgotten, as it powered everything from Internet of Things (IoT) devices, automation, and security. But generative AI shined a light on AI, not as an embedded technology, but as a driver of efficiency and creativity.
May, 2023
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ChatGPT to Lead More Companies to Say Aye-Aye to AI
The recent frenzy of interest in generative AI has changed the perception of artificial intelligence. Once locked inside other processes, AI was often forgotten as it powered everything from IoT devices, automation, and security. Although most companies have not been investing heavily in AI, we see that changing in the coming months and years. This Research Byte summarizes our full report on AI technology trends.
May, 2023
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Internet of Things Services 2023 RadarView™
The Internet of Things Services 2023 RadarView™ assists organizations in identifying strategic partners for IoT platforms and services implementation by featuring detailed capability and experience analyses for leading service providers. It provides a 360-degree view of key service providers for IoT services across practice maturity, partner ecosystem, and investments and innovations, thus supporting enterprises in identifying the right transformation partner. The 71-page report also highlights top supply-side trends in the IoT space and Avasant’s viewpoint.
May, 2023
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Internet of Things Services 2023 Market Insights™
The Internet of Things Services 2023 Market Insights™ assists organizations in identifying important demand-side trends that are expected to have a long-term impact in the future for any IoT projects. The report also highlights key IoT challenges that enterprises face today.
May, 2023
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Creating a Connected Ecosystem to Speed Innovation and Growth
IoT technology has become mainstream, as evidenced by the steady rise in the adoption of connected devices. The share of production-grade projects increased from 68% in 2021 to 73% in 2022. Across three key segments—Industrial Internet of Things (IIoT), connected infrastructure, and Consumer IoT—IIoT continues to lead in adoption driven by smart manufacturing and Industry 4.0 use cases, including digital twins. The connected infrastructure segment saw significant growth pushed by smart city initiatives, including urban mobility, energy management, and waste management. Sustainability has emerged as a new growth lever in IoT services. These and other trends focused on the demand-side and supply-side are covered in our Internet of Things Services 2023 Market Insights™ and Internet of Things Services 2023 RadarView™, respectively.
May, 2023
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IoT Shows Little Growth in Adoption Despite High ROI
The Internet of Things (IoT) is a maturing technology, and for many years it has promised benefits such as reduced labor costs and improved business processes. However, our data is showing a trend that is common with other technologies as they mature. The adoption and investment of IoT projects have remained low. In fact, IoT appears to lag most technologies. This Research Byte examines the potential causes.
June, 2023
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Internet of Things Services 2022 RadarView™
The Internet of Things Services 2022 RadarView™ assists organizations in identifying strategic partners for Internet of Things (IoT) platforms and services implementation by featuring detailed capability and experience analyses for leading service providers. It provides a 360-degree view of key service providers for IoT services across practice maturity, partner ecosystem, and investments and innovations, thus supporting enterprises in identifying the right transformation partner. The 84-page report also highlights top market trends in the IoT space and Avasant’s viewpoint.
April, 2022
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Growth of Internet of Things Ties to Sustainability
Global instability brought on by supply chain disruptions, global pandemics, and international conflict have been a catalyst for enterprise Internet of Things (IoT) adoption, with a 24% year-over-year (YOY) increase in number of IoT projects. Integration of IoT and 5G accelerated use cases including smart cities, smart buildings, intelligent workplaces, and other sustainability projects. However, despite the growth in adoption, security gaps in IoT environments have left many organizations vulnerable to new cybersecurity threats. These trends, and others, are covered in our Internet of Things Services 2022 RadarView™.
April, 2022
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Internet of Things Services 2021 RadarView™
The IoT Services 2021 RadarView™ report provides information to assist enterprises in building IoT-related strategies and helps chart out an action plan for IoT deployment. It identifies key global service providers and system integrators that can expedite their digital transformation journey leveraging IoT. It also brings out detailed capability and experience analyses of leading providers to assist enterprises in identifying the right strategic partners. The 85-page report also highlights key industry trends in the IoT space and Avasant’s viewpoint on them.
March, 2021
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IoT Shows Only an Iota of Growth
The Internet of Things (IoT) is a maturing technology, and for many years it has promised benefits such as lower labor costs and better tracking of assets. But our data is showing a trend that is common with other technologies as they mature. The adoption of IoT projects and investment in them have remained at a fairly low clip. This research byte provides a summary of our full report on IoT Adoption Trends and Customer Experience.
March, 2021
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IoT Adoption Trends and Customer Experience 2021
The Internet of Things (IoT) is a maturing technology, and for many years it has promised benefits such as lower labor costs and better tracking of assets. But investments in IoT projects are stuck at a relatively low rate. This report provides an overview of IoT adoption and investment trends, providing data on how many organizations have the technology in place, how many are in the process of implementation, and how many are expanding implementations. We also look at the return on investment experience, total cost of ownership experience, and considered or planned uses for new IoT investment. We conclude with important principles to apply in planning and implementing IoT systems.
March, 2021
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Asset-Intensive Industries Have Seen the Highest Concentration of Revenue, but Other Industries Are Catching Up
Learn more about the Internet of Things service provider landscape via Avasant's Internet of Things Services 2019 RadarView™ report.
July, 2019
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Internet of Things Use Cases
New IOT use cases are mushrooming everyday and a number of them have already reached scale. Learn more in the Avasant Internet of Things Services 2019 RadarView™ market assessment.
May, 2019
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Avasant’s RadarView™ Recognizes the Most Innovative Service Providers Supporting Enterprise Adoption of Internet of Things
IoT has long been associated with asset tracking and industrial automation. However, various industries are increasingly looking beyond these operational measures and leveraging IoT as a driver for reinventing their business models and developing new revenue streams. IoT combined with other digital technologies has become the first mile as well as the last leg for a data-driven enterprise.
June, 2020