IoT Security
Article | June 28, 2023
The year 2020 was supposed to be a breakthrough year for many technologies but, most businesses have now been forced back into building an infrastructure to transit their workforce to work remotely and ensure continuity of workflow. Nevertheless, an unprecedented set of events have pushed several industries to accelerate the adoption of technologies as they continue to work from home.
5G and Wi-Fi 6 are two tech advancements that have been turning eyes around the world since their introduction. The two wireless technologies are well on their way to revolutionize the Internet of Things as businesses move fast towards digitization and the world is excited.
Table of Contents:
- Wi-Fi 6: A Breakthrough in Wireless Technology
- 5G: For a Better Connected World
- How are Wi-Fi 6 and 5G Transforming the IoT?
- 5G and Wi-Fi 6: Rivals or Allies?
Wi-Fi 6: A Breakthrough in Wireless Technology
The next-generation Wi-Fi with boosted speed was introduced last year to meet the demand for faster internet amongst the rising internet users. But, Wi-Fi 6 is simply more than a tweak in the speed.
Technically called 802.11ax, Wi-Fi 6 is the advancement in the wireless standard doing the same basic things but with greater efficiency in the device-dense areas, and offering much greater bandwidth than its predecessor 802.11ac or Wi-Fi 5. Wi-Fi 6 promises a speed up to 9.6 Gbps up four times than that of Wi-Fi 5 (3.5Gbps). In reality, this is just a theoretical maximum that one is not expected to reach. Even still, the 9.6Gbps is higher speed and doesn’t have to go to a single device but split up across a network of devices.
A new technology in Wi-Fi 6 called the Target Wake Time (TWT) lets routers set check-in times with devices, allowing communications between the router and the devices. The TWT also reduces the time required to keep the antennas powered to search for signals, which in turn also improves battery life.
Wi-Fi 6 also comes with a new security protocol called WPA3, making it difficult to hack the device passwords by simple guesswork.
In short, Wi-Fi 6 means better speeds with optimized battery lives, and improved security.
5G: For a Better Connected World
5G is the next in line to replace 4G LTE. While Wi-Fi covers small scale internet requirements, cellular networks like 5G are here to connect everyone and everything virtually on a larger scale.
The technology is based on the Orthogonal frequency-division Multiplexing (OFDM) that reduces interference by modulating a digital signal across several channels. Ability to operate in both lower bands (like sub-6 GHz) and mmWave (24 GHz and above), 5G promises increased network capacity, low latency and multi-Gbps throughput. 5G also uses the new 5G NR air interface to optimize OFDM to deliver not just better user experience but also a wider one extending to many industries, and mission-critical service areas.
The 5G technology, in a nutshell, has brought with it ultra-high speeds, increased and scalable network capacity, and very low latency.
How are Wi-Fi 6 and 5G Transforming the IoT?
5G and Wi-Fi 6 will fill up the speed gaps that our existing networks are not able to especially, in crowded homes or congested urban areas. It's not just about the speed. The two wireless technologies will increase network capacity and improve signal strengths.
On the business front, 5G and Wi-Fi 6 are both living up to the hype they created since their introduction.
Wi-Fi 6 has emerged, as the enabler of converged IoT at the edge. It has put IT into OT applications, connected devices and processed data from devices such as IP security cameras, LED lighting, and digital signage with touch screen or voice command. Wi-Fi 6 can now be used in office buildings for intelligent building management systems, occupancy sensors, access control (smart locks), smart parking, and fire detection and evacuation.
It’s (Wi-Fi 6) built for IoT. It will connect many, many more people to mobile devices, household appliances, or public utilities, such as the power grid and traffic lights. The transfer rates with Wi-Fi 6 are expected to improve anywhere from four times to 10 times current speeds, with a lower power draw, i.e. while using less electricity.
- Tom Soderstrom, IT Chief Technology and Innovation Officer at NASA’s Jet Propulsion Laboratory (JPL)
Similarly, 5G will open doors for more devices and data. It will increase the adoption of edge computing for faster data processing close to the point of action. The hype around 5G is because of the three key attributes it comes with: enhanced mobile broadband (eMBB), ultra-reliable low-latency (uRLLC), and massive IoT device connectivity (mMTC). But there is the fourth attribute that sets it apart from its predecessor: use of a spectrum that operates at the low-end frequency range (typically 600 MHz). Called as ‘low-band 5G’, it delivers high speeds with signals that go for miles without propagation losses and ability to penetrate obstacles. The 5G operates in the new millimetre-wave bands (24 to 86 GHz) delivering more capacity to enable many low-power IoT connections.
If we were to point down the benefits, these two wireless technologies are bringing to the Internet of Things those would be:
Increased Human-Device Interactions
Increased Data and Devices
More IoT investments
Advancing to the Edge
Acceleration towards Industrial IoT
Enhanced use of IoT devices
Better VUI
5G and Wi-Fi 6: Rivals or Allies?
In February, Cisco estimated that by 2023 M2M communications will contribute to 50% or about 14.7 billion of all networked connections. Cisco’s Annual Internet Report reveals that 5G will enable new IoT applications with greater bandwidth and lower latencies and will accelerate innovations at scale. The same report estimates that 10.6% of global mobile connections in 2023 will be 5G, while Wi-Fi 6 hotspots will be 11.6% of all public Wi-Fi hotspots growing 13 times from 2020 through 2023.
Wi-Fi6 will serve as a necessary complement to 5G. A significant portion of cellular traffic is offloaded to Wi-Fi networks to prevent congestion and degraded performance of cellular networks (due to demand).
- Thomas Barnett, Director of Thought Leadership, Cisco Systems
The two technologies are here to feed different data-hungry areas with gigabit speeds.
With lower deployment costs, Wi-Fi 6 will be dominating the home and business environments where access points need to serve more users covering devices like smartphones, tablets, PCs, printers, TV sets, and streaming devices. With an unlicensed spectrum, the performance of Wi-Fi 6 depends on the number of users, that are using the network at the same time.
5G, with its longer range, will deliver mobile connections and accelerate smart city deployments and manufacturing operations. Like LTE, 5G speeds will depend upon users’ proximity to base stations and the number of people using that network.
The performance of the two depends largely on the area where they are being deployed. For instance, Wi-Fi can very well handle machine-to-machine communications in a managed manufacturing unit, whereas 5G can enhance campus-wide manufacturing operations efficiently. Businesses will have a decision to make which among the two wireless networks fulfils their data appetite.
In conclusion, the two wireless technologies continue to develop in parallel and causing the next big wave in the Internet of Things.
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Enterprise Iot
Article | May 11, 2023
Find out the upcoming and established companies providing IoT security for businesses. These allow adopting best practices & make informed technology investment decisions, for secure performance.
IoT security helps implement strong authentication, encryption, and access controls for IoT devices, while regularly updating firmware and monitoring for threats, to ensure the security of interconnected systems and protect sensitive data in a business environment.
Here is a carefully curated list of 15 Top IoT security companies, providing security to IoT devices, thereby ensuring their privacy and integration.
1. Ordr Inc.
Ordr is a leading provider of connected device security solutions deployed in numerous organizations worldwide across industries like healthcare, manufacturing, financial services, retail, and government. Its platform addresses vital use cases such as healthcare and medical device security, real-time asset visibility, compliance, threat detection and response, IoT and OT security, Zero Trust segmentation, and NAC acceleration. Ordr has earned industry recognition as the KLAS Healthcare IoT Leader for three consecutive years and is featured in Gartner Market Guides for OT Security and Medical Device Security Solutions. Prominent investors, including Battery Ventures, Mayo Clinic Ventures, Kaiser Permanente Ventures, back Ordr. The SOC2-certified platform demonstrates its commitment to customer privacy and data security. Its comprehensive approach ensures organizations can protect patient care, maintain real-time asset inventory, detect threats, implement zero trust segmentation, accelerate NAC, and secure IT/OT environments.
2. Medigate by Claroty
Medigate is a solution that comprehensively addresses healthcare organizations' unique challenges. The need for a coordinated security strategy becomes paramount as the convergence of IT, OT, IoT, and physical systems continues in the clinical environment. Medigate provides the confidence to secure, manage, and gain insights from all devices connected to the network, including a wide range of medical devices with proprietary protocols and operational parameters. Protecting the network can be overwhelming, with thousands of devices from different manufacturers. Medigate's specialized approach ensures that security measures do not compromise device usability, eliminating the need for compromise between security and functionality. In terms of investors, Medigate has received backing from prominent organizations such as Siemens, BMWiVentures, and SoftBank. These partnerships reinforce Medigate's commitment to delivering innovative solutions that enhance cybersecurity and enable organizations to connect confidently.
3. Aryballe
One of the top IoT security companies, Aryballe combines biochemical sensors, advanced optics, and machine learning to create a unique digital olfaction solution. By mimicking the human sense of smell, Aryballe's objective is to collect, display, and analyze odor data, empowering companies to make more informed decisions. Aryballe's software suite complements this hardware, which offers user-friendly protocol and analysis tools. These tools enable R&D, quality, and manufacturing professionals to integrate digital odor data into their decision-making processes seamlessly. Aryballe's software and data solutions are particularly valuable to the automotive, food & beverage, consumer appliances, and flavor & fragrance industries. The odor displays and analysis provided by Aryballe's technology empower leaders in these sectors to make smarter business decisions. Additionally, Aryballe's digital olfaction solutions have applications for enhancing user experiences within the automotive and consumer appliance markets.
4. Timesys Corporation
Timesys is a leader and pioneer in the embedded software market, offering open-source software security, development tools, and engineering services. With a comprehensive end-to-end device security solution, it enables developers to implement strong security measures early in the design phase. It has extensive embedded development experience and serves a diverse customer base, including Global 500 companies in the medical, industrial, networking, aerospace, and consumer sectors. The company's global partner ecosystem comprises leading semiconductor manufacturers, board vendors, and distributors. Its security services include VigiShield Secure by Design, which focuses on integrating core security features into device designs, and Vigiles, a tool for monitoring and remediating vulnerabilities. Furthermore, it offers an embedded board farm for test automation and remote access infrastructure, facilitating collaborative software development and debugging processes.
5. QA Mentor
QA mentor is a one-stop solution for application and mobile app testing. It is an award-winning software by QA company headquartered in New York. With multiple certifications and a CMMI Level 3 SVC + SSD v1.3 appraisals, the company offers comprehensive software testing services to clients globally. QA Mentor serves various industries, including startups and Fortune 500 companies. Their unique selling points include customizable testing processes, flexible on-demand services, and economical pricing. They specialize in various QA services, such as test design and execution, mobile/browser compatibility testing, QA audit and process improvement, automation testing, performance testing, security testing, regression testing, crowdsourcing testing, and QA e-learning. With a state-of-the-art test lab, unique methodologies, and expertise in automation tools, QA Mentor stands out in the industry.
6. Mocana
Mocana is a leading provider of cybersecurity solutions for IoT, operational technology, and critical infrastructure. Their on-device cybersecurity software and lifecycle management platform enable manufacturers and industrial companies to build tamper-resistant self-defending systems. Mocana's integrated solutions help minimize the risk of cyber breaches, ensure compliance with industry standards, and protect intellectual property throughout the device lifecycle. Unlike traditional IT network security approaches, Mocana empowers devices to protect themselves and prevent malware installation. Their platform facilitates application development and updates, ensures device protection and hardening in the field, supports interoperability between legacy and new devices, and offers automated operations with centralized control.
7. Verimatrix
Verimatrix, one of the many IoT security companies, is a leading provider of people-centered security solutions that power the modern connected world. Their intuitive and frictionless security offerings protect digital content, applications, and devices across various industries. Major brands rely on Verimatrix to secure premium movies, live-streaming sports, sensitive financial and healthcare data, and mission-critical mobile applications. Verimatrix helps its customers deliver compelling content and experiences to millions of consumers worldwide by enabling trusted connections. Their solutions provide robust security and help partners accelerate market time, quickly scale their operations, safeguard valuable revenue streams, and attract new business opportunities. With a focus on plugging security holes, thwarting pirate and cyberattacks, and preserving revenue, Verimatrix plays a crucial role in protecting the digital ecosystem and ensuring the delivery of exceptional experiences in an unprotected digital world.
8. Keyfactor
Keyfactor is a trusted provider of identity-first security solutions that bring digital trust to the hyper-connected world. With a focus on machine and human identities, Keyfactor simplifies PKI, automates certificate lifecycle management, and secures every device, workload, and thing. By enabling organizations to establish and maintain digital trust at scale, Keyfactor helps them move quickly in a zero-trust environment. In the face of increasing cyber threats, Keyfactor addresses the challenges of securing 5G networks and communications, meeting evolving standards and scalability, and adapting to changing architectures. Keyfactor's flexible solutions can be deployed in various environments, including data centers, cloud, SaaS, or hybrid architectures. With a comprehensive PKI management platform, Keyfactor enables organizations to protect their networks and manage certificates efficiently.
9. Vdoo
Vdoo is a global leader in the product security space, offering a comprehensive platform for identifying and mitigating security issues. It is the only automated platform that provides end-to-end product security, helping organizations streamline their development and security processes while ensuring optimal product security. With Vdoo, development and security teams can efficiently address a wide range of security risks, including supply chain threats, configuration risks, standard compliance, and zero-day vulnerabilities. Vdoo's platform enables organizations to integrate security seamlessly into their DevOps workflows, automate compliance assurance, and fortify security across the software supply chain. By offering intelligent and automated security solutions from code to container to device, Vdoo empowers organizations to safeguard their software's integrity and protect against malicious activity.
10. CyberMDX
CyberMDX, a Forescout company is a leading provider of IoT security solutions focused on safeguarding healthcare delivery worldwide. Its cloud-based cybersecurity solutions support the advancement of the Internet of Medical Things (IoMT) by protecting connected medical devices. The CyberMDX solution offers comprehensive endpoint identification, vulnerability assessment, incident detection, response, and prevention capabilities. Deployed globally, CyberMDX seamlessly integrates with customers' existing environments through its scalable and agentless solution. It provides continuous, real-time discovery and visibility of all medical devices connected to clinical networks. Recognized as a representative vendor in the Gartner Market Guide for Medical Device Security Solutions, Forescout delivers robust cybersecurity capabilities for healthcare organizations. With its automated and customizable approach, Forescout ensures the security and integrity of medical devices and IoMT ecosystems.
11. Sepio
Among the many best IoT security companies, Sepio is a leading asset risk management platform that prioritizes asset existence over activity. Through its physical layer asset DNA profiling, Sepio offers customers actionable visibility, policy enforcement, and mitigation capabilities, empowering them to gain better control over all assets at scale. Regardless of whether the infrastructure is connected to IT, OT, or IoT, Sepio's trafficless monitoring ensures an asset-agnostic solution. Sepio's platform caters to various industries, including financial institutions, healthcare institutions, and critical infrastructures globally. The platform allows the discovery of both known and shadow assets, mitigates risks associated with uncontrolled assets, reduces hardware clutter, enforces asset policies, meets regulatory compliance, and seamlessly integrates with existing security tools. Sepio's asset risk management benefits extend to uncovering hidden asset risks, providing organizations with the necessary insights and tools to strengthen their cybersecurity defenses.
12. Nexusguard
Nexusguard, a provider of simplified DDoS protection solutions for both service providers and enterprises, provides a range of offerings, including cloud services, managed DDoS protection platforms, and professional training courses. It empowers organizations to effectively safeguard their networks and applications against DDoS attacks. For communications service providers (CSPs), Nexusguard offers managed cloud-based DDoS protection solutions that cover various aspects such as application protection, origin protection, edge protection, and DNS protection. These solutions ensure the secure operation of internet-facing websites, shield networks and systems from threats, scale up protection for internet uplinks and infrastructure, and keep DNS services up and running. Nexusguard's offerings also include the Nexusguard Bastions server, a purpose-built on premise solution for CSPs that seamlessly integrates the company's proprietary technologies and global cloud scrubbing capabilities into the CSP's environment.
13. IoTium
IoTium is a provider of secure, managed software-defined network infrastructure for industrial IoT applications. Its solution enables the secure connection of both legacy and greenfield mission-critical on-site machinery and automation systems to applications residing in data centers or the cloud. By offering zero-touch provisioning and eliminating complexities in scalable mass deployments, IoTium ensures seamless and secure connectivity at scale. IoTium's View Smart Building Cloud addresses these security risks by implementing a Zero-trust Network Architecture (ZTNA). This includes secure tunnels with end-to-end encryption, certificate-based device authentication, and secure remote access with multi-factor authentication. It offers centralized management and visibility of building networks and OT devices, along with the ability to deploy edge applications for real-time processing and optimizations.
14. SCADAfence
SCADAfence, one of the top IoT security solution companies is a global technology leader specializing in OT and IoT cybersecurity. It offers a comprehensive suite of industrial cybersecurity products designed to provide robust protection for large-scale networks. Its portfolio includes top-notch network monitoring, asset discovery, governance, remote access, and IoT device security solutions. By leveraging SCADAfence's solutions, organizations operating in critical infrastructure, manufacturing, and building management industries can ensure secure, reliable, and efficient operations. SCADAfence's solutions cater to various industries, such as manufacturing, critical infrastructure, and building management. With a commitment to providing valuable resources and insights, it maintains an informative blog and offers opportunities for customers to request a live demonstration of its solutions
15. Xage Security
Xage is a global leader in real-world security, offering zero-trust solutions for industrial cybersecurity. Its flagship product, the Xage Fabric, simplifies and accelerates digital operations across OT, IT, and cloud environments. By adopting a unified approach based on zero-trust principles, Xage enables secure remote access and identity-driven access management for operational assets. Its solution eliminates the vulnerabilities associated with traditional remote access methods and provides granular access control down to individual assets, reducing the attack surface area. With Xage, organizations benefit from simplified and friction-free remote access, strengthened cybersecurity with advanced controls like multi-factor authentication, and full visibility and control of remote sessions. Its solutions also enable secure session collaboration, protect file transfers, and mitigate malware and anomalous behaviors. With Xage, organizations can fortify their cybersecurity infrastructure, enhance productivity, and meet evolving security challenges.
Conclusion
To stay ahead in IoT security market ,it is important to keep an eye on prominent companies leading the way in this field. These companies offer innovative solutions and expertise to address the evolving challenges of IoT security. By following their advancements and leveraging their technologies, businesses can enhance their defenses and mitigate risks in the ever-expanding IoT landscape.
Follow the list of top 15 companies,provided above to strengthen cybersecurity with advanced controls, end-to-end encryption, certificate-based device authentication, secure remote access with multi-factor authentication, among others.They empower organizations to safeguard their software's integrity and protect against malicious activity. The companies play a crucial role in protecting the digital ecosystem and ensuring the delivery of exceptional experiences,analysing the IoT statistics, in an unprotected digital world.
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IoT Security
Article | June 27, 2023
Learn more about IoT data protocols and what makes them essential for a cohesive IoT ecosystem. This article will provide a detailed view of data protocols and their importance for modern businesses.
1 Significance of IoT Data Protocols for Business Operations
IoT ecosystems form an integral part of many businesses today, and IoT data protocols serve as the foundation for seamless communication and data exchange between connected devices. IoT protocols ensure the integrity and reliability of data, empowering businesses to make informed decisions, optimize operations, enhance productivity, and drive innovation. With standardized and secure IoT protocols and standards, companies can achieve efficient data transmission and allow for scalability across diverse IoT ecosystems. Understanding and leveraging the right protocols is essential for businesses to benefit from the full potential of their IoT investments and gain a competitive edge in today's interconnected world.
2 Understanding IoT Data Protocols
IoT data protocols are standardized rules and formats that ensure efficient and secure data transmission for efficient IoT communication. By adhering to established protocols such as MQTT, CoAP, and AMQP, businesses can maintain interoperability, scalability, and robust data transmission of IoT data, ensuring efficient data storage and management for their IoT ecosystem. This, in turn, empowers organizations to monitor and control critical processes in real-time and make informed decisions.
2.1 Role of IoT Data Protocols in the IoT Ecosystem
The seamless functioning of an organization's IoT ecosystem relies on the pivotal role played by IoT data protocols. These protocols, serving as the communication backbone, enable secure transfer and efficient data processing, thereby facilitating the seamless exchange of information within the IoT network. Consequently, businesses operating within the IoT sphere can harness the power of reliable data communication enabled by these protocols to unlock insights that drive innovation. IoT data protocols serve as the vital link that fuels the interconnected landscape of IoT devices, elevating the efficiency and efficacy of businesses as they navigate the complex web of IoT technologies and leverage its immense potential.
2.2 Overview of Common IoT Data Protocols
The IoT data protocols come with their own set of applications and challenges. Understanding each protocol's individual use cases will help businesses set up and scale their IoT device ecosystems.
MQTT (Message Queuing Telemetry Transport): MQTT is a lightweight and efficient protocol designed for low-power devices and unreliable networks. It uses a publish-subscribe model, making it ideal for IoT applications where bandwidth and power consumption are crucial factors, such as remote monitoring and control systems.
CoAP (Constrained Application Protocol): For resource-constrained IoT devices, CoAP is designed to enable smooth communication over the Internet. It uses a client-server model and is suitable for IoT applications where devices have limited processing power and memory, such as smart home automation, environmental monitoring, and healthcare systems.
HTTP (Hypertext Transfer Protocol): Although primarily designed for web applications, HTTP is also used in IoT systems for data transmission. The ubiquity and familiarity of HTTP make it a widely supported communication protocol. As a result, it is suitable for IoT devices that require high-level interoperability in applications that involve cloud integration, data analytics, and web-based control interfaces.
AMQP (Advanced Message Queuing Protocol): AMQP is a flexible messaging protocol ensuring reliable, secure, and interoperable communication between IoT devices and back-end systems. It supports both publish-subscribe and point-to-point messaging models, making it suitable for IoT scenarios involving complex routing, large-scale deployments, and enterprise integrations.
Zigbee: Zigbee is a wireless protocol designed specifically for low-power, short-range communication in IoT networks. It operates on the IEEE 802.15.4 standard and is known for its energy efficiency and mesh networking capabilities, leading to its widespread adoption in home automation, intelligent lighting, and industrial control systems.
3 Considerations for Choosing the Right IoT Data Protocol
Selecting a suitable IoT data protocol is essential to maintain smooth interoperability and a unified IoT ecosystem. Compatibility with existing infrastructure is crucial for seamless integration and cost-effective implementation. Security measures must also be robust to protect sensitive data from unauthorized access and potential breaches. Additionally, scalable and flexible data protocols in IoT are vital to accommodate future growth and evolving business requirements. Furthermore, the protocol's reliability and efficiency in transmitting data should align with the use case of IoT systems. Finally, considering the protocol's industry adoption and standardization level will also help minimize risks and enhance interoperability.
4 In Summary
IoT data protocols play a significant role in facilitating efficient and secure business operations within the IoT ecosystem. By learning more about the use cases of the most common protocols in the industry, businesses can consider factors such as compatibility, security, scalability, and reliability while choosing the most suitable option for their business. As IoT systems grow, more complex and reliable data protocols will emerge, paving the way for enhanced connectivity, interoperability, and transformative opportunities across various industries.
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Enterprise Iot
Article | June 7, 2022
Artificial intelligence (AI) has already made headway into becoming a general-purpose technology vastly impacting economies. Yet, the interpretation and estimated trajectory for something remotely close to what we call AI now was first explored in the 1950s.
Until this very day, AI keeps on evolving further. Though let’s face it, AI would have been useless without data. With around 2.5 quintillion bytes of data being generated every day, the numbers will shoot up as the Internet of Things (IoT) enters the game.
Let’s see what this is all about and where and how exactly IoT crosses paths with AI applications.
IoT fundamentals: Where does IoT meet AI
The benefits of IoT in AI
Challenges of IoT in AI
Why implement machine learning in IoT
IoT applications for AI
Key takeaways
IoT fundamentals: Where does IoT meet AI?
What is meant by the term internet of things (IoT) is essentially a system of correlated digital and mechanical appliances, computing devices, and sensors embedded often into everyday objects that transfer data over a network. IoT connects the internet to any and every physical thing or place in the world.
Modern IoT has advanced from the mere merging of microelectromechanical systems to wireless technologies, and faster data transfer through the internet. This resulted in a confluence of information technology and artificial intelligence, allowing unstructured machine-generated data to be evaluated for insights that could lead to new developments.
More and more industries are now referring to IoT to function more proficiently, provide better customer service, escalate the significance of their business, and implement robust decision-making.
Machine learning for IoT can be used to identify anomalies, predict emerging trends, and expand intelligence through the consumption of audio, videos, and images. The implication of machine learning in IoT can substitute manual processes and offer automated systems using statistically backed up actions in critical processes.
The benefits of IoT in AI and real life
IoT offers the following benefits to AI applications:
IoT data for business purposes
Cost and time savings
Task automation and reduction of human intervention
Higher quality of life
IoT data for business purposes
IoT can also be viewed as a data pool. That means by aggregating IoT data, one can extract useful data-driven feedback, which in turn (used properly) may foster effective decision-making. Businesses can also identify new market opportunities, not because of IoT itself but by using the data IoT provides. And since IoT offers companies access to more data, and hence advanced analytics of that data, its usage can eventually result in improved customer outcomes and enhanced service delivery.
Cost and time savings
When devices get connected, cost reductions come along with it. The gathering of different data allows for advances in efficiency, and it leads to money surplus and low-cost materials.
Task automation and reduction of human intervention
Nowadays, devices that are internet-connected can be found in every aspect of our lives, and it is safe to say that they make tasks easier. These automation features range from real-time AI-powered chatbots to home automation control systems, and all of it usually takes a click of a button.
For businesses offering AI-enabled solutions, similar advancements can be achieved with pipeline automation too. That includes significant cuts in annotation and QA time. By leveraging SuperAnnotate’s platform, hundreds of companies recorded faster task completion and more accuracy in prediction results.
Higher quality of life
IoT is not only beneficial in the business aspects but it also creates better living circumstances for us. Smart cities and agriculture, intelligent homes, and food waste solutions are some of the most common ways of IoT providing better, more sustainable living conditions for people.
Challenges of IoT in AI
Despite the numerous benefits and advancements that IoT brings to the table, there have been a few limitations with it. Some of them are listed below:
Privacy issues
Data overflow
Bug issues
Compatibility issues
Privacy issues
With the increased connection between multiple devices or their coexistence for model development purposes, more information is shared between them, which poses vulnerability to your data and makes room for caution. Added layers of protection are needed to prevent risks of data leaks and other threats.
Data overflow
Eventually, organizations will have to find a way to deal with the large numbers of IoT devices, and that will include the collection and systematic management of all the data from those IoT devices. The proper use of data lakes and warehouses, close governance, and intuitive arrangement of datasets will become an utmost priority.
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Bug issues
If one IoT device has a bug in its system, there is a large chance that every other connected device will also have it.
Compatibility issues
Because there are no international standards of compatibility for IoT, it's harder for different devices to communicate with one another.
Why implement machine learning in IoT
More and more companies are combining IoT with machine learning projects so they can achieve analytical skills on a large variety of use cases which allows their businesses to have access to fresh insights and adopt innovative automation. By implementing machine learning for IoT, they can leverage the following:
Convert data into a coherent format
Arrange the machine learning model on device, edge, and cloud
Enable use of data on edge devices directly for complex decision making
IoT applications for AI
Although we have covered the basics of IoT, its implications for AI are not as simple. Many corporations are adopting IoT which allows them to have an advanced approach to growing and advancing their business. Novel IoT applications are offering organizations the ability to plan and implement more vigorous risk management strategies. Some of the more common uses of IoT in AI encompass the following:
Transport logistics
Not only does IoT expand the material flow systems in transport logistics, but it also improves the automatic identification and global positioning of freight. It also increases energy efficiency and consequently declines the consumption of energy.
Smart cities
Although the term smart city is still incomplete, it mainly refers to an urban area that endorses sustainable enlargement and high quality of life. Giffinger et al.’s model explains the features of a smart city, including the people, the government, the economy, and lifestyle.
E-health control
The two main objectives of future health care are e-health control and prevention. People nowadays can choose to be monitored by physicians even if they do not live in the same country or place. Tracing and monitoring peoples’ health history makes IoT-assisted e-health extremely useful. IoT healthcare solutions could also benefit the specialists, as they can collect information to advance their medical calculations.
Key takeaways
Ever since its development, IoT, especially AI-enabled IoT, as discussed, has been enhancing our daily lives and directing us to work smarter while having complete control over the process. Besides having smart appliances to elevate homes, IoT devices can also be essential for providing insights and an actual look for businesses into their systems. Heading forward, IoT will continue to develop as more organizations get to understand its potential usage and tangible benefits.
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