Seven in ten IT leaders recognise the Internet of Things is relevant to their business but only three in ten are deploying it, new research has revealed.
This finding was reflect across all trends in a study by Capita and Cisco, which found a strong disconnect between the eagerness to embrace new innovations and the ability of businesses to actually implement them.
The research discovered low rates of implementation across technologies where there is large acceptance of its relevance to the business, despite 88% of respondents agreeing a financial advantage can be gained from responding to IT trends.
Nine in ten respondents said they recognise that big data is relevant to their organisation, but only 64% confirmed they were implemented it. For wearable tech, 46% recognised relevance but only 10% had implemented, while the figures for artificial intelligence were 50% and 8% respectively.
The research highlighted some of the barriers to implementing technological trends, including a lack of understanding of the trend, pushback from management, and day-to-day issues taking priority over new trends.
Many said the culture within their industry was too old fashioned to adopt new trends, regardless of the benefits.
A further barrier was that the decision makers within a business were not always experts in these new trends, with understanding and awareness of their potential applications varying across sectors.
“While ICT decision makers have a good understanding of the many positive benefits of these trends, it’s clear that they do not yet have the right technical infrastructure, the right culture within their organisations, or the right engagement and support from their external partners to implement them successfully,” said Adam Jarvis, managing director at Capita Technology Solutions.
“The result is that trends such as big data and the Internet of Things – which could have the potential to transform these industries – are still some way off being properly understood and exploited.”