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20 Jan 2019

New Zealand IoT Deployments hampered by cost barriers

New Zealand IoT Deployments hampered by cost barriers





AUCKLAND, 21 January 2019 – New Zealand's ability to deploy commercial Internet of Things (IoT) solutions is being hampered by cost barriers, according to global technology research company IDC.



IDC has just released its 2018-2019 Global IoT Decision Maker Survey, which reports that while one third of New Zealand enterprises already have at least one IoT solution, cost barriers are slowing the deployment of commercial solutions.



Monica Collier, IDC's ANZ Practice Research Manager, says, "The cost barriers aren't just the direct costs related to IoT devices, connectivity and implementation. Companies are finding that their proof-of-concept projects are uncovering wider issues around security and infrastructure that must be addressed before they can deploy commercial IoT systems."



Collier says New Zealand enterprises have told IDC that they want IoT vendors to improve their security offerings and expertise.



"Of those companies with active IoT pilot projects, 75% are planning on expanding their trial systems into full scale solutions. But they can't easily do that until security concerns are addressed and infrastructure barriers removed,” says Collier.



However, according to the IDC analyst, security concerns are neither uniform nor consistent.



"Across the IoT ecosystem industry it is becoming plain that security is a complex topic with many layers across applications, network, data and devices. Interestingly, while companies said they are concerned about security at the application and data level, there is little or no concern about device security. Endpoints can be quite vulnerable and organisations should not overlook this potential weakness. We need more IoT platforms that do a good job of IoT endpoint device management."



"To move past the barriers inhibiting production scale IoT, organisations have to solve the broader security and upgrade issues. IoT vendors should be supporting enterprises with IoT-specific security expertise, more comprehensive analytics and better guidance on measuring how the solution is performing against business requirements," says Collier.



-Ends-





About IDC 2018 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, understanding their plans, influences, challenges, success, infrastructure and vendor mindshare.



About IDC

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:

Monica Collier

Practice Research Manager – Telecommunications & IoT

IDC Australia / New Zealand

+64 21 605 115

mcollier@idc.com



Coverage

Regions Covered

New Zealand


Topics Covered

Internet of things


Contact
For more information, contact:

Monica Collier
mcollier@idc.com
0064 9 374 6693