How Enterprises Leverage IoT to Drive Digital Transformation – Insights from Industry Leaders

Bill Hurley of Syniverse

The Internet of Things (IoT) is emerging as a cornerstone of digital transformation for businesses worldwide. Yet many organizations encounter obstacles that hinder the full realization of IoT’s potential, according to Bill Hurley, chief marketing officer at Syniverse.

To deepen our understanding, we partnered with Omdia, a leading IoT research firm, uncovering the challenges enterprises face and the strategies they employ.

Our findings are compiled in a comprehensive white paper designed to help you navigate these hurdles.

Private Networks: A Growing Strategy

Nearly half of enterprises (46%) have already integrated private networks into their IoT framework, while an additional 40% are evaluating this approach.

Security & Integration: Core Concerns

Across sectors—from healthcare to finance—ensuring data, network, and device security tops the list of challenges. Integration with legacy systems ranks close behind.

Driving Efficiency & Quality

More than 50% of decision‑makers surveyed across North America and Europe cited efficiency and productivity as their primary IoT objectives. Nearly 50% also highlighted product and service quality improvement.

Seeking External Expertise

Despite diverse IoT use cases, half of respondents lack dedicated teams, processes, or policies for cybersecurity. Approximately 32% rely on third‑party vendors for IoT security.

Key Takeaways from the Full Report

• Breakdowns of findings by vertical: healthcare, financial services, manufacturing, retail & hospitality, transportation
• Illustrative use cases across these sectors
• Top priorities—from communications to commerce to customer service
• Technologies adopted to address security and integration challenges

The author is Bill Hurley, chief marketing officer of Syniverse.