IoT is critical to enterprise digital transformation, Omdia says

The enterprise IoT platform market is expected to enjoy robust growth over the next several years, both in terms of revenue and data generated. Enterprises in the process of deploying IoT platforms are overwhelmingly committed to those projects, with more than 90% saying IoT is a “core” or “broad” part of their digital transformation strategy, according to industry research group Omdia.

“IoT deployments across enterprises are continuing to rise year on year as enterprises become more familiar with the technologies available and the huge benefits IoT deployments can provide,” Omdia research, IoT, and AI director Josh Builta told VentureBeat.

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