IIoT ROI: 90% of Projects Deliver Positive Value (2024 Data)

In the early days of industrial IoT (IIoT), many organisations viewed pilot projects with caution. Would the sensors, connectivity and data analytics ever pay off?
Recent research puts those doubts to rest: according to the 2024 “IoT Analytics Use Case Adoption Report”, over 90 % of companies report positive ROI from their IoT initiatives — a 13-percentage-point increase compared with 2021.
➡️ Source – IoT Analytics 2024

For industrial firms across sectors — manufacturing, supply chain, energy — this means that each machine, each sensor, each data stream is telling a story. The question is: Are you listening?
At DeepCore, we believe that story is your competitive edge.

1. Why the ROI Shift? What’s Changed?

a) Use-case maturity and scale
The number of IoT use-cases being adopted has grown by 53 % between 2021 and 2024.
What was once pilot-level experimentation is now broad deployment — companies are running multiple IoT use-cases simultaneously across sites.

b) Lower barrier to entry
Complexity of rollout has dropped significantly.
Improved connectivity (5G, Wi-Fi 6/7), plug-and-play sensors and standardized cloud platforms have made IoT integration faster and cheaper.

c) Business metric integration
IoT projects now tie directly to business KPIs — uptime, throughput, quality and cost savings.
This KPI alignment drives decision-makers to invest with confidence, resulting in measurable value.

2. What the Data Says: Hard Figures to Know

• 91.7 % of organisations reported positive ROI from IoT use-cases in 2024.

• Process automation is the top IoT use-case, adopted by 57.5 % of companies (up from 33 % in 2021).

• The industrial IoT market is projected to reach USD 286 billion by 2029 (CAGR ≈ 8.1 %).

These numbers confirm that IoT is moving from niche to norm — and that value is being captured by those who act.
➡️ MarketsandMarkets – Industrial IoT Report

3. Why This Matters for Industrial Companies in Morocco & Africa

While the reports above are global, the implications for firms in Morocco and across Africa are clear:

• Competitiveness: Local players are digitising fast; laggards risk falling behind.

• Scalability: Proven ROI makes IoT investment defensible even under tight budgets.

• Leap-frog potential: With modern cloud-based IoT platforms, African industries can skip legacy stages and deploy next-generation systems directly.

DeepCore’s hybrid model — local presence with global tech — helps companies capture these gains without “pilot purgatory.”

4. How to Get Started — A Roadmap

1. Audit your equipment landscape
   Map machines, sensors, connectivity, data flows and KPIs.

2. Identify high-value use-cases
   Focus on areas with proven ROI — process automation, asset monitoring, predictive maintenance.

3. Pilot and learn fast
   Launch a minimal viable setup, monitor results, adjust quickly.

4. Scale and integrate
   Once results are proven, expand across lines or facilities.

5. Monitor business value continuously
   Use dashboards to track ROI (e.g., downtime reduction %, cost savings %, output %).

At DeepCore, our deployment methodology guides you through each phase — from first sensor to enterprise-scale platform.

Conclusion

The story every machine tells is no longer hidden. With the right IoT strategy, those stories become measurable business results.
Global data now proves that Industrial IoT delivers real ROI — across sectors and at scale.

The question for leaders today is not “Should we invest?”
but “How fast can we start capturing value?”

At DeepCore, we help you listen to your machines and turn their stories into strategic advantage.

👉 Contact us to explore how your next IoT initiative can deliver measurable results.