10 December 2021

According to a new report by Oracle, 64% of enterprise Internet of Things (IoT) decision-makers would opt for an “off-the-shelf” IoT solution over a custom-built offering, indicating a market shift in the way enterprises are viewing IoT adoption. Meanwhile, 42% of respondents’ projects were completed (or expected to be completed) in under six months and 88% in under one year. Another key highlight from the report is that almost 90% of projects were described by the respondents as “fundamental” or “very important” to their core business, and just over half of all projects are visible to their customers.