TECH SUPPLIER Oct 2020 - IDC Survey Spotlight - Doc # CA45672620
What Metrics Are Used to Measure the Success of Canadian IoT Projects, and How Do They Vary by Segment?
This IDC Survey Spotlight analyzes which metrics are used to measure the success of Canadian IoT projects. Please note that this data is from late 2019 and predates the COVID-19 pandemic. IDC believes that it is still useful to understand the baseline of where Canadian organizations were with their IoT deployments at that time, but readers should understand the differences in circumstances from then to now.
As Peter Drucker once said, "What gets measured gets managed." Organizations want to understand whether their investments of money and time are working. In the case of IoT, the possible range of metrics is only really limited by imagination given the diversity of possible use case deployments — but our survey data shows that Canadian organizations focus on efficiency, savings, and ROI when investing in IoT.