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How the IoT is Changing the Future of the Supply Chain
| March 21, 2018
Aquantia is the leader in high-speed connectivity solutions for data centers, enterprise and mobile applications...
Article | March 16, 2020
We live in an era of digital transformation where more and more devices are connecting to bring new and innovative levels of service and efficiency. This transformation spans across all markets and the rate of progress is breath-taking, says David Maidment, director, secure device ecosystem at Arm.This change brings huge benefits, but it also brings threats in the shape of an expanding cybercrime footprint. Every connected device is a hack potential. Rather than attacking traditional IT equipment, the cybercrime threats start to move to all aspects of our lives. It is predicted that by 2021 there will already be US$6 trillion (€5.37 trillion) of cybercrime damage (Source: Cybersecurity Ventures Official Annual Cybercrime Report), which is a staggering number pinned against financial loss for businesses, without considering the damage to reputation and other harder-to-measure statistics.
Internet of Things (IoT) sensors predominantly provide visibility to an operating stack – enabling access to real-time and accurate operational data. Laying analysis on top of that data produces dashboards and other visual representations but artificial intelligence (AI) extends this further by harnessing the data streams to train models and identify patterns. Observations can then be made by a computer much like a human analyst could but at tremendous speed and scale. AI makes it possible to anticipate and predict events in a robust and scalable way. This can create huge business advantages. In this article, we’ll look at applications of AI and IoT in construction.
Your industry is unique. Chances are, it even has its own language. That’s why you want information geared toward your unique sector. At IBM, we have deep industry expertise that we’ve curated into specialized teams focused to cognitive technology in vertical spaces. This year, we’re proud to host Industry Day at IoT Exchange for the Automotive, Aerospace & Defense and Electronics industries. Industry Day at IoT Exchange 2020 features tailored activities across three industry workgroups. Clients who are under the IBM Feedback Program Agreement (FPA) can meet with IBM leaders to share best practices and experiences, and to help shape the future of IBM industry solutions. These user groups provide you the opportunity to influence the direction for emerging technology. Note: this is not a general admission program. So if you’d like to participate, you’ll want to complete the contact form. A member of our client programs team will contact you.
The ease with which internet of things devices can be compromised, coupled with the potentially extreme consequences of breaches, have prompted action from legislatures and regulators, but what group is best to decide? Both the makers of IoT devices and governments are aware of the security issues, but so far they haven’t come up with standardized ways to address them. The challenge of this market is that it’s moving so fast that no regulation is going to be able to keep pace with the devices that are being connected,” said Forrester vice president and research director Merritt Maxim. “Regulations that are definitive are easy to enforce and helpful, but they’ll quickly become outdated.”The latest such effort by a governmental body is a proposed regulation in the U.K. that would impose three major mandates on IoT device manufacturers that would address key security concerns.
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