Leveraging IoT as part of your Digital Transformation Strategy

The path to digital transformation is a long and winding one. The Internet of Things (IoT) is an increasingly important and beneficial stop on this path to digital success. Organizations are using it to drive broader objectives, including digital transformation. In fact, in this year’s Vodafone IoT Barometer just released this week, 72% of adopters say digital transformation is impossible without IoT. 

Results of this year’s Barometer shows that 95% of adopters have seen measurable benefits from IoT and over half say those benefits are significant. The benefits of IoT are many and varied – with 48% of respondents seeing improved collection of accurate data and 47% seeing increased employee productivity, 41% seeing better asset utilization and 39% seeing enhanced customer loyalty. IoT is also enabling improvements to how businesses of all shapes and sizes operate on a day-to-day basis with 83%of adopters reporting that IoT is an essential part of the digital workplace. 

The good news is that IoT is also becoming easier than ever to implement. The more sophisticated it becomes, the more possibilities for businesses of all sizes and industries without the need to start from scratch. From customer service to operations, the opportunities will directly impact the overall digital transformation journey.

Does IoT fit into your digital strategy? Read more on the current state IoT in this year’s IoT Barometer here.