Aruba, a Hewlett Packard Enterprise company claims that by 2019, 77 per cent of organisations in Australia will have some form of Internet of Things (IoT) in place, according to its latest global study, ‘The Internet of Things: Today and Tomorrow’.
While organisations adopt IoT to leverage the business benefits of enhanced efficiency and innovation across the enterprise, industrial, healthcare, retail and municipality sectors globally, Aruba’s study has found that only one in two Australian IoT connected businesses are using this data to improve business processes and decision making.
The study also uncovered a number of obstacles that IT leaders feel are preventing IoT from delivering greater business impact – such as the cost of implementation (57 per cent), security concerns (51 per cent), and difficulty integrating with legacy technologies (51 per cent) as key issues, a sentiment echoed across the globe.
Despite the significant security gains from IoT, security flaws were found across many IoT deployments.
The study found that 88 per cent of organisations in Asia Pacific have experienced at least one IoT-related security breach, the highest in the world.
More than half of respondents in Australia (51 per cent) declared that external attacks are a key barrier to embracing and adopting an IoT strategy confirming that a holistic IoT security strategy, built on a strong network access control and policy management, will not only protect enterprises but also simplify the security approach for IoT, noted the Aruba study.