New Survey Suggests the IoT Boosts Revenue, Strengthens Customer Relationships for Connected Businesses

October 13, 2016 - IoT Business News
URL 3 Min

Xively by LogMeIn, Inc. has just released the findings of a new study “The Internet of Things Journey”, that revealed nearly all companies who have embarked on a connected product journey report both financial and customer experience benefits as a result.

The research, which surveyed 600 product companies and other discrete manufacturers in various stages of deployment, found that 87 percent have seen revenue improvements as a direct result of connecting a product and over 90 percent saw improvements in business efficiencies and product uptime.

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