Mixed picture for IoT projects over next six months, says IoT M2M Council

Alex Brisbourne, Chairman of the IMC and CEO KORE

A quarterly survey of 140 executives that self-identify as buyers of products and services for the Internet of Things (IoT) shows a mixed picture for the near-term sales of hardware, software, connectivity, and services in the nascent technology sector.

The Quarterly IoT Buyers Index from the IoT M2M Council, which counts over 12,000 OEMs, enterprise users, and apps developers that deploy the technology as members, shows growth in the number of IoT deployments for the coming year, but an actual decrease in deployments over the next six months.

The survey asked executives to outline their buying plans in 6-month intervals, and compares the relative results with previous quarters. “We see an increase of 11.6% in the percentage of IoT Adopters looking to start projects in the next 12 months, but a small decrease of around 4% in those looking to do so in the next six months. This could be due to the inconsistent economic picture globally, and perhaps year-end budgetary pressures are a factor, but time will tell,” said Alex Brisbourne, Chairman of the IMC and CEO of KORE Wireless

The survey does show strong growth in the number of larger IoT deployments (with more than 1,000 devices connected) and for those that use long-range wireless connectivity, such as cellular or satellite. The survey also shows that enterprise users appear more bullish on starting projects in the short term than do OEMs or developers, and the energy sector stands out as the vertical market most ready to start projects now – perhaps due to the need to maximise efficiencies in the wake of the lower energy prices. Taken at the end of Q3 2015, the Quarterly IoT Buyers’ Index (QIBI) is the second produced by the IMC, and the third will become available in late January, 2016.

“We think that the QIBI will establish itself as a helpful and currently unique table of leading indicators in the field of IoT/M2M,” says Brisbourne.

The IMC has been averaging over 300 new members from around the globe weekly, and expects to have registered more than 15,000 IoT Adopters by year’s end. The group has produced an IoT Content Library that contains over 100 case studies, as well as white papers, blog entries, and vertical-market newsletters. It has also established a Membership Directory that allows for direct member communication.


9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

Infineon and Rainforest Connection create real-time monitoring system to detect wildfires

Posted on: October 22, 2021

Munich and San Jose, California, 21 October, 2021 – Infineon Technologies AG a provider of semiconductors for mobility, energy efficiency and the IoT, announced a collaboration with Rainforest Connection (RFCx), a non-profit organisation that uses acoustic technology, Big Data and Artificial Intelligence / Machine Learning to save the rainforests and monitor biodiversity.

Read more

Infineon simplifies secure IoT device-to-cloud authentication with CIRRENT Cloud ID service

Posted on: October 21, 2021

Munich, Germany. 21 October 2021 – Infineon Technologies AG launched CIRRENT Cloud ID, a service that automates cloud certificate provisioning and IoT device-to-cloud authentication. The easy-to-use service extends the chain of trust and makes tasks easier and more secure from chip-to-cloud, while lowering companies’ total cost of ownership. Cloud ID is ideal for cloud-connected product companies

Read more