In early 2016, Enterprise Strategy Group (ESG) released the results from its 2016 IT Spending Intentions Survey. This study included responses from over 633 organizations across North America, Europe, and Asia and covered a wide variety of IT topics and technologies. When asked about their organization’s IoT initiatives, almost one in five (19%) participants indicated that they already have an IoT initiative underway. An additional 27% indicated that their organization is currently developing IoT initiatives and plan to launch them over the next 12 months. The study went further, attempting to better understand firms’ expectations with regard to their IoT initiatives. Based on this research, this report reviews the technical challenges, requirements, and solutions for IoT implementations including compute, analytics, networking, data processing and storage - from the edge to the datacenter and cloud.