7 internet of things (iot) trends
TRANSCRIPT
7 Internet of Things
(IoT) Trends
Here’s a look
IoT definitions Market Forecasts Potential standards and challenges facing CIOs Chief Data Officers (CDOs) Who hope to make business sense of data from all types of devices
Internet of Things (IoT) Definition
The Internet of Things (IoT) involves embedded computing devices interconnected with the existing Internet infrastructure
Built-in sensors Smart thermostats Home appliances that are
networked for remote monitoring
Examples
Internet of Things (IoT) Market Size
Gartner Predicts: (IoT) will include 26 billion units installed by 2020Gartner Forecasts: IoT product and service suppliers will generate incremental revenue exceeding $300 billion, mostly in services
Cisco: “the Internet of Everything.” There will be more mobile devices and smartphones connected than the total global population by 2015.Cisco Forecasts: By 2020, more than 5 billion people will be connected, not to mention 50 billion things.
Internet of Things (IoT) Standards
Key IoT standards initiatives are underway at the IEEE Standards Association (IEEE-SA)
For IoT to really thrive, vendors and customers will need to embrace open standards that improve device monitoring and management; big data information gathering and analytics; and overall network communications
IoT Security Considerations
The increasing digitization and automation of the multitudes of devices deployed across different areas of modern urban environments are set to create new security challenges to many industries
IoT People & Process Considerations
Significant security challenges will remain as the big data created as a result of the deployment of myriad devices will drastically increase security complexity
IoT Consumer Privacy Considerations
Smart Metering equipment and increasingly digitized automobiles, there will be a vast amount of data providing information on users personal use of devices that, if not secured, can give rise to breaches of privacy
IoT Data Management Considerations
The impact of the IoT on storage is two-pronged in types of data to be stored: personal data (Consumer-Driven) and big data (Enterprise-Driven). As apps and devices continue to learn about the user, significant data will be generated
Sources
Cisco Systems GE Information-Management Gartner
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