The Internet of Things (IoT) industry is growing rapidly with the number of IoT-connected devices projected to surpass 20 billion by 2020. It’s an amazing number, but a number that wouldn’t be possible without the concurrent growth and availability of WiFi and cellular. However, even with all this growth, industry leaders don’t believe existing WiFi and cellular capabilities can keep up with IoT’s trajectory.
The infrastructure around the world becomes more connected each day. We can thank the Industrial Internet of Things (IIoT) for this connectedness, which stretches far beyond fitness bands to connecting machines and devices in industries such as transportation, manufacturing, healthcare, construction and more.
Given the Internet of Things’ perch atop the hype cycle, IoT trend-spotting has become a full-time business, not just an end-of-the-year pastime. It seems every major – and minor – IoT player is busy laying out its vision of where the technology is going. Most of them harp on the same themes, of course, from massive growth to security vulnerabilities to skills shortages. In addition to the IoT blurring the lines between IT, which runs the customers’ systems and email, and OT, which runs the technology behind the production systems, here is what will drive the IoT in the next year.
The Internet of Things vision can become a reality – but only if companies approach IoT strategically, tying all of this data from multiple core systems together. The hard reality is that most IoT projects don’t make it past the pilot stage, as they languish in isolation and drown in data collected but never analyzed or used.
Internet of Things is increasingly infiltrating our lives not only at work, but also in our homes with people continuing to buy and install all kinds of smart devices in their houses. Yes, it is handy to have a device open you the front door because it has somehow recognized that your hands are full, and more importantly – that it is in fact you coming up. However, as per usual, the less money, skill and preparation you invest in the devices and building your IoT network, the more problems you can expect down the line.
Companies that dare to build an in-house IoT network for the first time often make a grave mistake in underestimating how complex it will be, not only in terms of design, but also operation and management. On top of that, legacy network technologies and engagement models are still not able to support the requirements of large-scale IoT systems either, making things even harder.
We live in an exciting new world, don’t you think? Relying on tech more and more, we are able to get places faster, be in contact with people far away, work from home (or the beach, if you are feeling adventurous) and have all the information as soon as we want it. Simply put, we are connected. We are all present in cyberspace through our own or someone else’s doing – thank the people who don’t ask for permission before posting pictures with you online. But how safe is all that connectedness – if that even is a word? Do you ever wonder to what degree the evolution of the Internet of Things endangers people and what is to expect next? Well, there is only so far into the future we can look into, so let’s see what the predictions for 2019 are.
The concept of the Internet of Things – and its main advantage – is at the same time the biggest potential security risk for all those who have accepted it and have joined the circus, so to speak. Yes, people like having all the information all the time on all of their devices – neatly segmented and contextualized to fit their needs and situation. And yes, most of them haven’t given a second thought to providing access to their personal data to all kinds of services and systems in order to have everything they could ever want at the tips of their fingers – from comprehensive weather reports and traffic warnings to their own houses recognizing them as owners and turning the lights on upon entering. It is an interesting world we live in, with technology constantly at our beck and call, but are we also slowly starting to realize just how much we are allowing it to rule our lives? One could argue that every time the tech misbehaves or someone else takes advantage of it – and by proxy, us – it has failed us on some level. In that sense, let’s see the 4 times it did just that in 2018.