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Are Engineers More Willing to Deploy AI?

The Global IoT Survey provides an opportunity for IoT product designers and system integrators.

Global IoT Survey from element14 has unveiled the strong growth of the Internet of Things (IoT) across a wide range of industries.

Global-iot-surveyThis year, Global IoT Survey says, there was a dramatic change in the attitude to deploying artificial intelligence (AI) in IoT systems. Engineers are better informed and more willing to deploy AI as they find ways to use it to improve products and increase the return-on-investment of their systems.

The Global IoT Survey also showed a growing trend for establishing partnerships to accelerate the delivery of new IoT solutions as well as the continued advancement of Industry 4.0 and importance of selecting the most appropriate connectivity platform early in the design process.

The Global IoT Survey results confirmed that while IoT deployment continues to grow strongly, there is no single “defining” IoT application. Multiple industries are adopting IoT in their own way at statistically similar rates.

The Global IoT Survey provides an opportunity for IoT product designers and system integrators to share their experiences on IoT deployment and identify markets yet to engage with the technology. The survey is designed to capture state-of-the-industry perceptions as businesses and consumers migrate to an IoT-driven world.

Compared to the 2021 Global IoT Survey, the new research indicates that:

  • Innovative and flexible suppliers are now essential partners for the exponential growth in the broad and highly diverse range of applications being developed and installed to deliver IoT benefits.
  • Industry 4.0 remained the primary application, representing the primary market for 18% of the respondents. Strong growth in the use of the IoT for energy management was also evidenced, increasing from 10% in 2021 to 16% this year. The increase in energy prices around the globe after the survey closed suggests that energy management could be even more important in 2023.
  • Companies are engaging in IoT development because they see opportunities to grow their business and establish leadership in their industries. However, the research showed a growing trend towards working with partners to develop IoT solutions, and a demand for standardisation and interoperability, rather than companies having to develop their own closed systems.
  • Attitudes to IoT development and deployment have changed dramatically with engineers better informed and more enthusiastic about the return-on-investment advantages of the IoT, particularly in energy management.

The Global IoT Survey was carried out by element14 from January to March 2022 and a total of 2263 qualified responses analysed to provide greater understanding of the technologies, challenges, and opportunities designers and system integrators of IoT solutions face.

Cliff Ortmeyer, Global Head of Technical Marketing for element14 said:Many businesses are finding new and inventive ways to incorporate IoT hardware, software, and cloud-based applications across a diverse range of industry sectors. However, it’s challenging to identify a core driver outside of what is already working for them within their immediate scope of work. Nevertheless, the migration to a world benefiting from the IoT is only set to grow and warrants our investment in future annual surveys. element14 is committed to supporting customers in their IoT journey and can offer a growing portfolio of IoT products and solutions, as well as access to new market insights that enables innovation.”

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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