Vodafone Korea released this year’s Vodafone M2M Barometer Report on September 10.
According to it, one out of every three enterprises in Asia is adopting the Internet of Things (IoT) in the interest of their business while approximately 60% of global industry leaders are enjoying an increase in profits by means of the IoT.
The report was prepared based on a survey covering 650 enterprises located in 16 countries across the world. In the survey, chief officers of the respondents were asked about how they were making use of the IoT and what their future prospects of the technology are. 59% of the respondents answered that they earned a substantial income within a year from investment in IoT equipment and facilities while 83% of the surveyees said the IoT was predicted to be a yardstick of corporate competitiveness soon.
Korean, Chinese and Japanese companies showed particularly high rates of introduction. As of the end of the first quarter of this year, 35% of Asian companies were utilizing the IoT while the ratio was 31% in Europe and 17% in North America. By industry, the application of IoT increased 88% in retail, followed by healthcare (47%), public development (32%) and automobile (14%).
