WELCOME TO The THE INTERNET OF THINGS REPORT
No company has all the answers in IoT, so grow with the right partners
| November 8, 2016
At Cooey we are building 3rd Platform for chronic patient health management. Till now Health IT includes Hospital Information System (HIS) and other products/apps but there is still a missing last mile link. 3rd Platform is about.
Article | February 19, 2020
Much of the attention on 5G technology centers on a future of smarter phones, drones and self-driving cars. But 5G’s role in next-generation industrial IoT applications bears watching as well. While 5G may be one among many evolutionary steps, it is important in the development of new industrial IoT use cases. 5G connectivity, is the fifth generation of cellular technology. It is designed to increase network speed, reduce latency, and improve flexibility of wireless services. 5G technology has a theoretical peak speed of 20 Gbps, while the peak speed of 4G is only 1 Gbps. 5G improve the performance of business applications in various context, such as factories, self-driving cars and in handheld devices for field technicians.
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 “Regulations that are definitive are easy to enforce and helpful, but they’ll quickly become outdated.”The latest such effort by a governmental body is a proposed regulation in the U.K. that would impose three major mandates on IoT device manufacturers that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.
Organizations around the world are coping with a variety of challenges related to the COVID-19 outbreak. Many companies are struggling to convert their processes from ‘in-office’ to ‘remotely accessible’. And, they’re scrambling to find new ways to “remote” tasks – with “remote” now becoming a verb. For example, we’ve heard from many customers that adding or expanding remote employee access capabilities is a hot topic. One such customer told us that they went from 9% of their workforce working remotely, to 52%. Wow! That’s not only a substantial change to operations and processes – it also directly impacts the company’s security posture. The challenge facing OT security practitioners is daunting. We absolutely must secure the people and systems responsible for saving mankind from an alien super-virus pandemic. But, while the bad guys are lobbing attacks from afar, the good guys are acting behind the scenes like NPCs (non-player characters). They’re bypassing the security systems we developed through years of hard work, like using Gmail or Zoom, or turning off anti-virus, in the name of getting things done.
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.
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