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Study reveals small businesses positive about Internet of Things

The majority of small businesses in the US (82 percent) believe the Internet of Things (IoT) will bring fresh opportunities for their business, according to a new study released by AVG Technologies N.V. (NYSE: AVG).

While more than two out of five(46 percent) agreed the IoT will mean more time spent dealing with security hacks, this was more than offset by the 83 percent of respondents who said that human error would continue to give them more concern than smart devices.

“The ´Internet of Things´ is one of those nebulous bits of jargon invented by the IT industry and many people I meet are confused as to what it actually means,” said Mike Foreman, AVG´s general manager, SMB. “With this study we wanted to show how the IoT can bring opportunity to small businesses.”

“Another aim of the report was to highlight key areas of difference between countries,” he continued. “For example, it was significant that US respondents were the only ones to put government monitoring ahead of lack of demand when it came to factors holding back IoT adoption.”

The study also showed that only 58 percent understood IoT to mean a network of connected devices that are able to communicate with one another.

AVG is an online security company providing leading software and services to secure devices, data and people. Its website is at


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