How successful is your IoT project?
In early 2020 we measured the success rate of IoT projects – and it was low. In 2023 we have measured it again – and there has been a 28% improvement. Good, but needs to be better given that IoT is becoming an increasingly important part of business operations.
Key questions related to this finding include:
- What has been achieved?
- How can this be improved further?
- How are business objectives changing, and how are these being reflected in IoT solutions?
- To what extent is business transformation proving successful?
- What are the big challenges ahead?

This unique report includes findings from 1 on 1 interviews with industry experts and results from FOUR recent surveys of enterprises users, product manufacturers and service providers. It also includes real world insights on our findings from technology experts.






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About Beecham Research
Beecham Research is a leading technology market research, analysis and consulting firm established in 1991. We have specialized in the development of the rapidly-growing Connected Devices market, often referred to as M2M and IoT, worldwide since 2001.
We are internationally recognised as thought leaders in this market and have deep knowledge of the market dynamics at every level in the value chain.
Our clients include component and hardware vendors, major network/connectivity suppliers, system integrators, application developers, distributors and enterprise users in both B2B and B2C markets. We are experts in M2M/IoT services and platforms and also in IoT solution security, where we have extensive technical knowledge.