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Internet Of Unsecure Things: Nest Thermostats Caught Leaking Home Owner Zip Codes
ROB WILLIAMS | March 1, 2016
As one of the first Internet companies to call Los Angeles home, over the past 15 years Boingo has grown from a tiny LA start-up into the world’s leading small cell company, publicly traded on NASDAQ (WIFI)...
Article | February 26, 2020
A new report from ABI Research predicts that cloud platform suppliers will see a more than $50 billion increase in their share of IoT data and analytics revenue by 2026.Companies providing cloud services have spent years building out their investments in the IoT space and continue to make headway in spreading cloud usage throughout the IoT value chain. The figures come from ABI Research's IoT Analytics and Data Management Services Strategies of Major Cloud Suppliers application analysis report, which examined the competitive outlook of the cloud vendor market and recent acquisitions. The report takes an in-depth look at how leading cloud providers like AWS, Azure, Oracle, Cisco, Huawei, SAP, Google, PTC, Cloudera are positioned in the IoT market and it compares the tools and services offered by each company. It is designed to help IoT companies figure out who the market leaders are, which cloud platforms would be most relevant for their particular industry and revenue forecasts from 2019 until 2026 for IoT integration, storage, analytics, presentation and professional services.
Edge computing refers to information being processed at the edge of the network, rather than being sent to a central cloud server. The benefits of edge computing include reduced latency, reduced costs, increased security and increased business efficiency. Transferring data from the edge of a network takes time, particularly if the data is being collected in a remote location. While the transfer may usually take less than a second, glitches in the network or an unreliable connection may increase the time required. For some IoT applications, for example, self-driving cars, even a second may be too long. Imagine a security camera that’s monitoring an empty hallway. There’s no need to send hours of large video files of an empty hallway to a cloud server (where you will need to pay to store them). With edge computing, the video could be sent to the cloud only if there is movement detected in the hallway.
As industries invest in the next generation of technology, the internet of things is at the top of the list. Once a novelty best known in residential settings, IoT technology has become mainstream in business and industry. Some even predict that having a Google Home or Amazon Echo in the conference room will become the norm. Now, you will find connected devices in Amazon’s warehouse robotics system Kiva, Airbus’ Factory of the Future and the augmented reality used by Caterpillar in its Cat Connect system. The number of IoT devices in use by 2025 could reach 22 billion, according to an IoT Analytics report. They will transform manufacturing, warehouse and logistics, health care, agriculture, shipping, energy and aviation. IoT security can’t be done as an afterthought; it must be integrated into operations from Day One because connected devices and systems use cryptographic keys that transmit data. Cybercriminals can gain access through these keys, allowing them to infect devices and systems with malware, steal data or shut down systems. Sometimes, the vulnerability has gone undetected for months.
Workers in construction, agriculture and manufacturing are reported to have the highest incident rates, according to the 2018 research of the US Bureau of Labor Statistics. Medical expenses for work-related injuries are scoring millions of dollars each year. In recent years, businesses have increasingly opted for industrial IoT solutions that offer advanced monitoring capabilities designed to predict and prevent incidents. In many situations, smart monitoring can save lives in the event of equipment misuse or failure, inefficient safety regulations and health-threatening sites.
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