14 Jan 2018
AUCKLAND, January 15th, 2018 – IDC New Zealand has released its annual Internet of Things Decision Maker Report. The report illustrates that the number of New Zealand organisations that have implemented an IoT solution has practically doubled; from 13.7% in 2016 to 25.7% in 2017.
"New Zealand organisations are understanding that the value of the Internet of Things is in the data it produces and, more importantly, what that data enables companies to act upon or improve," explains Monica Collier, Research Manager for Telecommunications, IDC New Zealand. "Additionally, endpoint costs continue to decrease and the range of connectivity options is increasing; it's easier to get an IoT business case across the line."
Other highlights from the report include:
• New Zealand companies deploying IoT are more influenced by improving the customer experience, than on improving internal processes. In fact, New Zealand organisations place more focus on the customer, as a driver for IoT, than any other country surveyed across Asia Pacific.
• While Wi-Fi remains the most popular IoT connectivity, Low Power WAN's popularity is growing fast. Low Power WAN lets organisations deploy long-life battery operated sensor devices in remote locations, for example water meters and remote asset tracking.
• Some key shifts are occurring in IoT vendor perception by New Zealand companies with Rockwell Automation, Google, IBM and Dell performing well in terms of IoT mindshare.
• IoT is no longer just about 'connected cows'. There are opportunities across industries from manufacturing to retail to healthcare. For example, While Australia leads APeJ for asset performance tracking in manufacturing, a healthy 21% of NZ manufacturers have deployed IoT in this space.
Collier summarises the opportunity in IoT, "The New Zealand IoT Alliance research says that IoT could bring NZ$2.2 billion of benefit to the New Zealand economy over the next ten years. Our report illustrates how companies have understood that message and are implementing IoT to increase productivity and improve customer experience. We would encourage tech buyers to ensure their IoT plans are not siloed; the plans should fit within their overall digital roadmap. For vendors, to step ahead you'll need a good IoT partner ecosystem in context with the industries you are servicing. Customers want a technology partner that understands their business as well as their technology."
About IDC 2017 IoT Decision Maker Report
The report focuses on New Zealand organisations that have deployed IoT initiatives or are planning to deploy in the next two years, to understand their plans, influences, challenges, success, infrastructure and vendor mindshare.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC
For further information, please contact:
Research Manager - Telecommunications,
IDC New Zealand
+64 21 605 115