The 5th annual Eclipse Foundation IoT and Edge Commercial Adoption Survey actually holds few surprise but shows ongoing trends of investment. I’m not sure if it is good news or worrisome that the C-suite seems to be more involved. These people hold the purse strings, but they also usually hold unrealistic expectations (oversold by engineers?) about the eventual benefits of technology adoption.
The survey includes a comprehensive analysis derived from responses of over 1067 professionals in the IoT and edge computing domain. Conducted online from April 4 to July 5, 2023, the survey offers valuable insights into the evolving IoT and edge computing ecosystems by identifying the requirements, priorities, and challenges faced by organisations that deploy and use commercial solutions, including those based on open source technologies.
“Consistent with our previous surveys, the continuous growth and adoption of IoT and edge computing remains evident. The data reflects a notable increase in the number of managed devices and larger investments, indicative of a scale-up in deployments,” said Mike Milinkovich, executive director of the Eclipse Foundation. “Particularly notable is that the C-suite significantly influences decision-making for IoT and edge investments. This underscores the strategic value that businesses place on solutions based on open technologies in real-world deployments. Open source components are recognised as vital enablers of success.”
Six of the key takeaways from the survey data include:
- IoT Adoption Surged in 2023: 64% of respondents are now deploying IoT solutions, up from 53% in 2022. An additional 23% plan to deploy within 12-24 months. Less than 5% have no IoT deployment plan.
- Edge Computing Adoption Holds Steady, Acceleration Anticipated: Adoption of edge computing solutions remains at 33% (same as 2022), with an additional 30% indicating plans to deploy within the next 24 months. 27% are still evaluating edge platforms, while only 10% have no plans to deploy edge solutions.
- Rising Investments Signal Scale-Up in Production Deployments: 17% of respondents spent between $1-10M in 2023 (more than double that of 2022), growing to 23% in 2024. 5% anticipate spending over $10M. This trend indicates a transition from proof-of-concept to ROI-focused deployments.
- Growing Number of IoT & Edge Assets per Deployment: Deployments of fewer than 1K managed assets will remain steady or decline, while larger deployments are on the rise, with an impressive 10% of deployments consisting of 50K or more devices. Regarding asset implementation, the mix between greenfield and brownfield is almost equal.
- IoT is Increasingly Strategic with the C-Suite Driving Investment Decisions: 49% of organisations reveal that the C-suite predominantly drives decisions. This marks a significant increase from the 38% reported in 2022, indicating a growing influence of top-level executives in shaping investment choices within the realm of IoT and edge technologies.
- 75% of Organisations Surveyed Embrace Open Source in IoT and Edge: 75% of organisations are actively incorporating open source into their deployment plans. The widespread use of IoT and edge solutions based on open source technologies highlights how open source has become key in shaping today’s technology landscape.
The IoT and Edge Commercial Adoption Survey is sponsored by the Eclipse IoT and Sparkplug Working Groups. It serves as a valuable complement to the annual IoT Developer Survey, a vital source of strategic insights from the development front lines. The Eclipse IoT community represents one of the largest IoT-focused open source collaborations in the world, with 45 members and over 50 projects. Eclipse IoT projects have been broadly adopted by leading organisations across a variety of verticals to deliver commercial IoT and edge-based solutions and services.
