Mumbai, October 11, 2012 – A study commissioned by Lincolnshire, Illinois (US)-based marking and printing technologies leader, Zebra Technologies, shows India leading the world in implementing solutions based on the Internet of Things (IoT). The October 2012 study conducted by Forrester Consulting -- “Building Value from Visibility: 2012 Enterprise Internet of Things Adoption Outlook” -- finds that thirty percent of organizations in India already have an IoT solution in place as compared to 15% of organizations globally.
Seven in ten organizations in India are planning to implement IoT Solutions within the next two years as compared to 5 in 10 organizations globally. Eight in ten IT decision-makers in India identify barcodes, active RFID tags and passive RFID tags as important or very important devices for enabling IoT solutions. Six in ten IT decision-makers in India identify device manufacturers as the partners to help them realize the benefits of implementing IoT solutions.
IoT is no longer a concept, says the study, but a reality that is improving the operations of Indian enterprises. In fact, companies across multiple industries are already using Internet of Things technologies to track and manage physical assets, improve the customer experience, enhance supply chain visibility and more.
Says Sachin Tare, Zebra Technologies’ Mumbai-based Head - Indian Subcontinent, “Enterprises across multiple industries are already using technologies to track and manage physical assets, and most enterprises are feeling positive about the idea of a more interconnected world. At Zebra, we believe every organization must use IoT technologies to illuminate operational events occurring throughout their value chain so they can act upon them to make smarter decisions and inspire innovation.”
IoT is generally defined as ‘‘Smart interconnected devices that businesses use to get more visibility into the identification, location, and condition of products, assets, transactions, or people to drive more effective and timely business decisions or to improve customer interactions.’’ The term includes Bar codes, Real-time location tracking, Wi-Fi, Mobile computing, GPS tracking, Security sensors, Passive RFID, Near-field communications (NFC), CDMA/GPRS/4G, Grid sensors, Mesh networks and Telematics Based on the definition shared in the survey, Internet of Things solutions are smart interconnected devices that provide more visibility into the organization’s operational events. The study shows that many organizations are using technologies such as barcoding, RFID, and GPS to gain greater visibility into the location, condition, timing and accuracy of the events occurring in their value chains
Nearly 15 years ago, RFID technology pioneer Kevin Ashton used the term Internet of Things. He believed that IoT had the potential to change the world ‘if we had computers that knew everything there was to know about things’ – where is it, how cold is it, what condition is it in. As organizations continue to build on barcode and active RFID technologies with real-time locating systems, Internet of Things has the potential to generate data never before possible, spurring new insights, ideas and innovation.
Link to full study in PDF: (http://www.zebra.com/content/dam/zebra/white-papers/en-us/zebra-iot-report-en-us.pdf )