Despite the disruptive impacts of COVID-19, 47% of organizations plan to increase their investments in the Internet of Things (IoT). 35% of organizations reduced their investments in IoT while a larger number of organizations are planning to invest more in IoT implementations to reduce costs.

As organizations across geographies and industries accelerate the deployment of business transformation initiatives, a growing number of executives are exploring how risk quantification can be harnessed to optimize new investments in systems, applications and infrastructures to achieve mission-critical objectives in a safe and secure manner.