-
- News
- Books
Featured Books
- smt007 Magazine
Latest Issues
Current IssueWhat's Your Sweet Spot?
Are you in a niche that’s growing or shrinking? Is it time to reassess and refocus? We spotlight companies thriving by redefining or reinforcing their niche. What are their insights?
Moving Forward With Confidence
In this issue, we focus on sales and quoting, workforce training, new IPC leadership in the U.S. and Canada, the effects of tariffs, CFX standards, and much more—all designed to provide perspective as you move through the cloud bank of today's shifting economic market.
Intelligent Test and Inspection
Are you ready to explore the cutting-edge advancements shaping the electronics manufacturing industry? The May 2025 issue of SMT007 Magazine is packed with insights, innovations, and expert perspectives that you won’t want to miss.
- Articles
- Columns
- Links
- Media kit
||| MENU - smt007 Magazine
Flex Survey: IT Veterans Believe Public Sector Not Keeping Pace with Private Sector IoT Advancements
January 21, 2016 | FlexEstimated reading time: 2 minutes
A global survey of more than 600 informed IT veterans revealed a perceived gap between public and private sector readiness when it comes to the new era of smart, connected devices and systems known as the Internet of Things (IoT).
The survey, commissioned by Flex (formerly Flextronics), was among the topics of conversation at the World Economic Forum Annual Meeting in Davos, where the results were presented at a private event among industry luminaries across consumer technology, automotive, energy, agriculture and health care. They were also published in the January 2016 edition of INTELLIGENCE, the Flex magazine.
The study revealed that more than eight in 10 IT veterans believe private businesses are better prepared for advances in IoT technology, with government/public infrastructure preparedness trailing by about seven years.
The public sector's perceived lack of preparedness in this area appears to be taking a toll, as 71 percent of IT veterans feel their country's government/public infrastructure prevents them from taking full advantage of the latest IoT technology.
However, the survey also revealed global enthusiasm for the potential of IoT. In their responses, 91 percent of IT veterans agree that IoT is a necessary aspect of their country's economic future – with a majority (94 percent) expressing the belief that IoT it will make businesses more efficient. Beyond purely economic benefits, 90 percent of respondents also believe that IoT will improve lives in their country.
There is an opportunity for the public sector to help close the gap in perceived readiness by demonstrating a commitment to investing in IoT. Notably, IT veterans in China feel that their government has recognized the importance of IoT, and has made it a priority. Additionally, 88 percent of IT veterans in China feel their government is committed to investing additional resources to further develop IoT technology, compared to:
- 67 percent in India
- 64 percent in the U.S.
- 54 percent in the UK
- 54 percent in Japan
- 36 percent in Germany
A specific area in which the public sector can play a greater role in collaboration with the private sector involves the critical issues of security and privacy. Although these issues are paramount among IT veterans globally, only half of respondents feel that the public and private sectors in their country are prepared to address security and privacy concerns.
- 50 percent feel their country's government is prepared to ensure that public infrastructure is secure and cannot be compromised or hacked.
- 52 percent feel that private enterprise/businesses in their country are prepared to ensure that the hardware devices they manufacture are secure and cannot be hacked.
"The gap in preparedness between public and private sectors remains a barrier to IoT adoption. This suggests that stronger partnerships between sectors – and public support – are necessary to make our enthusiastic projections for this new era of smart devices a reality," said Mike McNamara, CEO of Flex. "At Flex, we remain committed to being a partner to all, and helping the world live smarter."
Suggested Items
Flexible Printed Circuit Board Market to Reach US$40.447 Billion by 2030
07/10/2025 | Globe NewswireThe flexible printed circuit board market will grow at a CAGR of 8.28% to be valued at US$40.447 billion in 2030 from US$27.17 billion in 2025.
Taiwan PCB Industry Adopts Cautious CapEx Strategy, Eyes AI and Southeast Asia for Growth
07/10/2025 | TPCADriven by the stabilization of the global electronics market and the strong demand for AI applications, although the Taiwan printed circuit (PCB) industry is facing a trend of capital expenditure convergence for three consecutive years, its output value and operating performance continue to rise, indicating that the industry is shifting from high investment to high added value development, and the industrial structure is undergoing a steady transformation.
IBIDEN Earns Recognition in FTSE Russell ESG Indexes, Reinforcing Commitment to Sustainable Growth
07/07/2025 | IBIDENIBIDEN Co, Ltd. is pleased to announce that it has been selected for FTSE4Good Index Series for the tenth consecutive year, FTSE Blossom Japan Index for the nineth consecutive year, and FTSE Blossom Japan Sector Relative Index for the fourth consecutive year.
Symposium Review: Qnity, DuPont, and Insulectro Forge Ahead with Advanced Materials
07/02/2025 | Barb Hockaday, I-Connect007In a dynamic and informative Innovation Symposium hosted live and on Zoom on June 25, 2025, representatives from Qnity (formerly DuPont Electronics), DuPont, and Insulectro discussed the evolving landscape of flexible circuit materials. From strategic corporate changes to cutting-edge polymer films, the session offered deep insight into design challenges, reliability, and next-gen solutions shaping the electronics industry.
Flexible Electronics Market to Reach $66.9 Billion by 2032, Growing at a CAGR of 9.2% from 2025
06/30/2025 | PRNewswireThe flexible electronics market is projected to reach $66.9 billion by 2032, up from an estimated $38.4 billion in 2025, growing at a robust CAGR of 9.2% during the forecast period.