WELCOME TO The THE INTERNET OF THINGS REPORT
Making the Right Connections Opens New Doors to Digital Business Success
MALA ANAND | September 8, 2015
Edwards is in the business of vacuum science: we create the pure manufacturing environments that deliver real-world product solutions...
Article | March 3, 2020
By the end of this year there will be 5.8 billion Internet of Things (IoT) endpoints, according to Gartner. And depending on how IoT devices are counted the number is even higher. Statista, for example, estimates the device count for 2020 to be more than 30 billion. Security remains a big challenge for IoT as a strategy to be successful. IoT devices are still not being designed with security as a top priority.Mary O’Neill, VP of security at Nokia, noted in a press conference at MWC Los Angeles 2019 and reported by SDXCentral, that “if an IoT device today is plugged into the network and it doesn’t have protection on it, it’s infected in three minutes or less.”Jake Williams, founder of the security firm Rendition Infosec, said that “IoT vendors emphasize, often rightly, that their products improve quality of life, but they often neglect to disclose the risk of these devices to consumers. The onus of understanding how an IoT device might impact security should not be purely on the consumer. The vendor shares this responsibility.
In the quickly evolving world of the IoT, multiple standards have developed in a short span of time, each with the goal of allowing smart home devices to communicate with each other and with multiple online services. One solution to this issue is the use of the Dotdot, an application layer developed for IoT devices to easily join networks of other similar devices and to communicate their status and capabilities in a standardized way, combined with Thread. Thread is an IP mesh network implementation designed for IoT device communication, promises to be a widely implemented standard in IoT device manufacture and development.
The advent of the Internet of Things (IoT) has been crucial for the digital transformation of many industries in this new age. Today, numerous businesses are in great need of top-notch software development services and robust software solutions that can use IoT technology to its fullest extent. Many industries have embraced IoT technology. In manufacturing, it has been dubbed as the next industrial revolution. In retail, it allows for creating a more personalized shopping experience. And in other enterprises, it is frequently used as a way to streamline and optimize business processes for greater cost reduction and improved efficiency. IoT has truly transformed the way many companies do business today, from managing assets and tracking inventory to continuous process improvement and customer engagement. Here are some ways IoT has transformed many enterprises.
Operating a utility business can be particularly difficult, especially when you’re trying to maximize ROI. In the water utility space, per capita water usage has decreased while the water itself has become more expensive to collect. Across utilities sectors, aging infrastructure takes a large cost to maintain and eventually update. Consumer expectations and regulations also can cut into ROI. As they should, people expect clean and safe water and a continuous supply of electricity. The driving factor in the utilities space is efficiency. Enter the smart water meter. For our IoT water management solution, we used Google Cloud Platform (GCP). GCP has various benefits for water management through its wide array of products. We will go over two important features of a water management IoT solution.
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