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Harbor Research M2M Adopter Survey - Results Available
The results of the Harbor Research M2M Adopter Survey are now available. The Survey is an international, sponsored study being funded by a consortium of technology suppliers and network operators, including Vianet.
Over 250 responses were received from companies in all sectors and all regions, a result that in itself indicates the broad level of current activity in this area among early adopters.
Some 68% of respondent companies noted Product Manufacturing as their primary activity, substantially business-to-business (B2B). In addition, smaller companies with less than $50m sales made up 34% of respondents, with a further 45% having sales exceeding $1billion.
A very high 77% of respondents viewed the intelligence embedded in their products to be either “Very Important” or “Imperative” for their company in the future. Over 50% of respondents were already supporting and monitoring networked products in the field. In addition, while roughly 37% of the companies today have less than 10% of their product lines network-capable, in three years’ time this is expected to fall to less than 12%.
At the other end, while just over 36% of respondents today have more than half of their product portfolio enabled, within three years nearly 60% of these companies expect to embed networking capabilities into half or more of their products.
“Given the typical 3 year design cycle, this represents a fast build-up of networked products for these companies and is a very significant finding” said Robin Duke-Woolley, a Principal of Harbor Research who directed the survey program. “It indicates that these companies have recognized the need for speed in being early to market with their network-connected offerings”.