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Vodafone IoT Barometer: significant ROI is tied to scale of adoption

In its fifth year, Vodafone’s IoT Barometer report has found that, compared to the first edition’s findings in 2013, IoT adoption among enterprises has risen from 12% to 29% in 2017, with the number of companies with deployments of over 50,000 devices having doubled in the past year. Vodafone says that nearly all companies (95%) say that they have already seen some return on investment (ROI) for their IoT projects, and that the average increase in revenue from these projects was 19% – although that figure is only based on those projects that had reported an increase. The operator says that there’s a correlation between the scale of adoption and the ROI. Of those who had the smallest projects (of…

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