Major challenges cited by device manufacturers include issues with agility, time to market, cost control and margins. The document indicates that 87% of respondents are either currently going intelligent or plan to do so within the next 12-24 months by building software apps for their hardware devices. Respondents believe that going intelligent will help solve their greatest challenges relating to agility, time to market, cost control and margins. However, 58% of respondents say they are not currently monetizing the software apps they develop for their devices and are leaving potential revenue on the table.