Companies are increasingly embracing machine to machine technologies, the 2015 Vodafone M2M Barometer reports.
Interviewing over 650 executives across 16 countries and seven industries, Vodafone’s report looks at how companies are using M2M technologies in their organisations.
The most enthusiastic industry adopting M2M is the energy and utilities sector with 37% of respondents claiming they’ve implemented machine to machine projects followed by the automobile and retail sectors.
Slightly behind the leading three sectors is the consumer industry and we can expect to see that grow as wearable technologies become more common and more household devices come with connectivity built in.
Globally, the Asian region is driving M2M adoption with governments in China, South Korea and Singapore in particular driving the market growth as they mandate more connected technologies.
Vodafone concludes the report by stating the question for businesses is not whether to adopt M2M, but how best the technologies can be used to drive business. As organisations find new ways to gather data and apply the insights they find from that information, the business case for adopting machine to machine technologies will get stronger.