The study surveyed more than 500 senior executives worldwide, including 220 in Asia-Pacific who are leading IoT initiatives within their companies. Forbes Insights also conducted interviews with several senior executives to add context to the findings. "Across the Asia-Pacific region, it is clear that executives see the value in IoT initiatives," said Bruce Rogers, chief insights officer of Forbes Media. More than 72% of respondents say their company has significant or pilot IoT programmes in operation, and 11% say IoT programmes are already a major contributor to their business. Close to 76% are operating IoT programmes that generate revenue, while 60% agree that IoT programmes are generating data that is very useful to their business.

Source: Bangkok Post January 19, 2018 21:56 UTC