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IoT partnerships

The Internet of Things is here and is steadily gaining additional profile and credibility. With that comes a vastly complex IoT ecosystem. Nearly all (96%) respondents say that their organization has/would see benefits through partnering with other organizations in relation to IoT security.

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Over 90% of respondents’ organizations partner with another organization when it comes to IoT, with cloud service providers being the most likely. Over 40% partner with IoT security specialists and/or IoT service providers.

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The most likely reasons for a partnership are keeping data secure when it is in the cloud, when it is first collected, and when applying software updates. This highlights the importance of partnerships to IoT security and suggests that organizations are not prepared to go it alone.

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Of those who are partnering and who use IoT, it is only 40% of respondents’ organizations who retain complete control over their data as it moves from partner to partner.

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Over 50% think their organization's IoT partnerships could be improved through a better use of security technology, more transparency over data security, and better guidance from IoT security experts.

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Despite concerns, nearly all respondents say that their organization has/would see benefits through partnering with other organizations in relation to IoT security. If organizations can create the right partnerships, then it is likely to be extremely beneficial to them.

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