Businesses are gearing up for the evolution of the Internet of Things (IoT), with more than half of UK firms said to be in the market for a Chief IoT Officer, according to a new survey.
The research from Webroot and data center as a service (DCaaS) provider IO revealed that nearly two thirds (63%) of telecoms companies will be recruiting an executive dedicated to IoT in the next year.
The same percentage of respondents in the education (63%) and retail (63%) industries also said they looking to employ someone to oversee their IoT initiatives.
The report, entitled 'IoT: Risk or Reward?', shows that 94% of the 500 UK CEOs quizzed said they are investing in various initiatives as they prepare for the deployment of IoT.
In fact, 60% of companies are increasing their IoT investment directly by an average of 42%. They are doing so because they expect real, tangible results in the form of increased revenues and greater competitive advantage. Some 68% of business leaders are expecting to reap actual benefits from their IoT investments in 2016, compared to the one in five who are seeing benefits today.
IO's director Andrew Roughan said: "We're definitely seeing a move in enterprises. In recent years, we have seen a large and growing infrastructure investment to build digital infrastructures for the future.
"We haven't seen the tipping point yet in terms of how that has been utilised, the type of traffic and utilisation that will flow through both data centres' network infrastructure and devices."