APAC govt increasing investment in IoT technologies

Governments in Asia Pacific are notably vested in the Internet of Things (IoT) technologies because it enables a broad new range of citizen services, according to IDC’s 2016 Global IoT Decision Maker Survey.

Based on the survey, 40 percent of Asia-Pacific government organisations are investing on IoT solutions in the next 12 months while 50 percent of them are investing in an IoT solution in next 12 to 24 months.

“Improving productivity, improving time to market for products/services and improving energy efficiency reducing costs are the top benefits of an IoT solution. IoT enables access to new and granular data sources, empowered by swift connectivity and quick data gathering capability giving access to a wider range of information that enhances the quality of government services at a scale, which previously has been thought to be unattainable,” said Shreyashi Pal, Market Analyst, IDC Asia/Pacific Government and Education Insights.

This eventually impacts every single stakeholder of government eServices — citizens, visitors, and business owners who interact with government entities and their provided services.

“2016 has seen a significant change in terms of vendors leading the IoT market. The prominent IT vendors prevalent in hardware, software and network solutions equipped with an integrated cloud and analytics solution are most likely to lead the Internet of Things market. IT hardware vendors as the top players,” said Gerald Wang, Head, IDC Asia/Pacific Government and Education Insights.

“Overall, enterprises in the AP region largely see hardware vendors as the clear frontrunners, but some regional differences are apparent when examining other leading suppliers in the IoT ecosystem. We also note that for many enterprises in AP region, networking equipment vendors and systems integrators feature prominently as potential leaders while traditional IT hardware vendors are becoming the leading network equipment vendors in the IoT market,” he added.

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