Press Releases

Are we creating a secure Enterprise Internet of Things?

December 4, 2017

Posted by: Zenobia Hegde

Steve Hashman

Retail continues to top the list of industries with the highest Enterprise Internet of Things (EIoT) potential, says Steve Hashman, director of Marketing at Exponential Solutions (The CUBE).

Seven out of 10 retail decision makers are ready to invest in the EIoT, and he says that 80% of worldwide retailers feel that IoT will have a dramatic effect on consumer products over the next three years.

“EIoT has a great deal of potential: it can enable retailers to increase cost efficiencies, improve the overall customer experience, increase brand loyalty and revenues. However, there remain some fundamental EIoT issues, including privacy and security that must be resolved before EIoT can become mainstream,” says Hashman.

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