Economist Intelligence Unit: 94% of Business Leaders Believe IoT Will Have Significant Impact in Next Three Years

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“The Internet of Things (IoT) is finally here. Or at least, that’s what a recent report by the Economist’s Intelligence Unit wants us to believe. Sponsored by ARM, which certainly has a vested interest in the matter, the 32-page paper states that the industry is at last catching on to the idea of connected devices after more than a decade of slow progress. After surveying 779 senior business leaders from 19 different industries around the world, the Economist revealed that a staggering 75 percent of businesses are already exploring the space. In fact, only 6 percent of those interviewed think of it as hype, and 94 percent believe IoT will have a significant impact in the next three years.”