IoT needs more skilled workers, simplicity and security, Microsoft finds

Internet of Things
Nearly all 3,000 IoT decisionmakers in a new survey are worried about security, while half said there aren't enough skilled workers. (Pixabay)

IoT won’t reach its full potential unless the technology can be simplified and made more secure and, yes, more skilled workers can be found to implement it.

The skills gap in IoT has been a well-known for years, something exemplified in a new Microsoft research study, IoT Signals.

It also uncovered a need to reduce complexity and boost security in IoT.

Free Daily Newsletter

Interesting read? Subscribe to FierceElectronics!

The electronics industry remains in flux as constant innovation fuels market trends. FierceElectronics subscribers rely on our suite of newsletters as their must-read source for the latest news, developments and predictions impacting their world. Sign up today to get electronics news and updates delivered to your inbox and read on the go.

The company surveyed 3,000 IoT decision makers in enterprises in six countries including the U.S. On the positive side, the survey found that businesses adopting IoT believe they will see a 30% return on investment in their IoT in two years. Fully 85% of the surveyed group said they have at least one IoT project in either the learning, proof of concept, purchase or use phase.

Nearly all companies (97%) said they have security concerns in adopting IoT, with 43% most concerned with network security and 38% most concerned with device tracking and management and endpoint security.

Regarding the skills gap, only 33% of IoT adopters said they feel their companies have adequate workers and resources to see their projects through to full realization. Almost half (47%) said there aren’t enough available skilled workers.

And regarding complexity, 38% of adopters cited complexity and technical challenges of using Iot as a barrier to further IoT adoption.

One stark finding was that 30% of IoT projects fail in the proof of concept stage, often because implementing the project was expensive or the bottom-line benefit wasn’t clear.

IDC has forecast there will be 41 billion connected IoT devices by 2025. Microsoft cited Starbucks, Chevron, Buhler AG, Steelcase and Thyssenkrupp as IoT customers. Microsoft itself is investing $5 billion in IoT and intelligent edge technologies by 2022 and relies on an ecosystem of more than 10,000 IoT and intelligence edge partners to assist its customers.

RELATED: Is embedded IoT security a pipe dream?


Suggested Articles

Long term outlook for 2020 is regarded as unpredictable and one analyst says a slowdown is likely

Is scanning the temperature of multiple people simultaneously an efficient process that provides a faulty indicator? Opinions vary.

System positions sensors every 40 kilometers connected over LoRaWAN network