Preparing Towards a 2020 IoT Future

IoT Growth Hurdles Raised by Security, Software Interoperability amongst others



Our friends at NJIT, aka New Jersey Institute of Technology, put together the following infographic on what the beginning of the next decade will look like for IoT. As the infographic state, 1.9 billion devices are connected today. But, in a recent Entrepreneur article "what could be limiting IoT growth will be Security and Software Interoperability." As pointed in the infographic below, Security, Lack of Interoperatbility, Massive Data, Wireless Connectivity Costs, and Power Consumption are some of the hurdles that need to be solved in the coming decade. However, there will still be use cases driving IoT. For example, current use cases amongst municipalities will be through utilities and traffic. CIO of San Francisco, Mario Gamiño predicted that "Edge Computing", putting algorithms into local devices, could drive IoT in cities in the area of transportation. The McKinsey Global Institute released a report estimate that the big three market revenue drivers of the 2025 11 Trillion dollar IoT pie will be Factories, Cities and Humans. Very exciting times indeed. Check out the New Jersey Institute of Technologies IoT inforgraphic.



NJIT Online

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"Embracing the IoT future is not just a trend; it's a strategic move towards a more connected, efficient, and intelligent world. As we prepare for the challenges and opportunities that 2020 and beyond will bring, let's focus on harnessing the power of the Internet of Things. From smart homes to industrial automation, the potential is limitless. It's not just about devices; it's about transforming the way we live, work, and interact with the world. Here's to a future where innovation meets connectivity, and where the Internet of Things paves the way for a smarter, more sustainable tomorrow. Let's embark on this journey together!"

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As of January 2022, the Internet of Things (IoT) landscape is evolving, with several key trends and considerations. Security concerns are becoming increasingly important due to the increasing number of connected devices. Adopting interoperability standards ensures seamless communication between devices and systems, fostering a more connected ecosystem. Edge computing, which allows data processing closer to the source, is gaining prominence, enhancing efficiency and speed of IoT applications.

5G integration is enhancing connectivity and enabling faster and more reliable communication between IoT devices. Data management and analytics are crucial as the volume of data generated by IoT devices continues to grow. Designing IoT infrastructure to be scalable is essential, as the number of connected devices is expected to increase exponentially. Energy efficiency is crucial for prolonging device lifespan and reducing environmental impact.

Regulatory compliance is essential, as governments and regulatory bodies may introduce new rules to ensure responsible and ethical use of IoT technology. Prioritizing user privacy is crucial, as it involves collecting vast amounts of personal data. Implementing transparent privacy policies and security measures protects sensitive information gathered by IoT devices.

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In 2020, organizations must prepare for the future of IoT by investing in robust and scalable technology infrastructure, promoting interoperability standards, developing data management and analytics capabilities, prioritizing privacy and security, adhering to regulatory compliance, investing in talent, and collaborating with industry partners, technology vendors, and ecosystem stakeholders. Technology infrastructure should be upgraded to support the growing number of IoT devices and the massive amounts of data they generate. Interoperability standards should be developed to ensure seamless communication and compatibility between different IoT devices and platforms. Data management and analytics should be developed to derive meaningful insights from IoT-generated data. Privacy and security considerations should be prioritized to mitigate risks associated with IoT deployments. Encryption protocols, authentication mechanisms, and access controls should be implemented to safeguard sensitive data. Regulatory compliance is crucial for ensuring ethical and responsible use of IoT technologies. Building a skilled workforce with expertise in IoT technologies, data analytics, cybersecurity, and related domains is essential for driving innovation and maintaining a competitive edge.Collaborating with industry partners, technology vendors, and ecosystem stakeholders can accelerate innovation, share best practices, and address common challenges in IoT adoption. By focusing on these areas, organizations can better position themselves to harness the full potential of IoT technologies and drive transformative change in their operations, products, and services in 2020 and beyond.best divorce lawyers in arlington va

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