The study aims to shed light on how IoT is paving the way for businesses to redefine the way they manufacture or design products, optimise processes, and enable enhanced sales, while at the same time increase awareness of its adoption among Maltese businesses.
The 2021 landmark study commissioned by Tech.mt suggests that locally, advancements have already been made with more than half of the surveyed businesses adopting such technologies. With the expected growth of IoT demand, the emergence of artificial intelligence (AI), and the imminent roll-out of fifth generation (5G) wireless, the subject matter of the report is critical for change and innovation within the local business community.
By addressing such issues and enticing more investment in IoT, Malta can continue to foster even greater growth and adoption in IoT in the years to come, which can potentially help in bolstering Malta’s economy and cementing the technology sector as one of the strongest pillars of the Maltese economy.
IoT: Key Highlights and Resources