The Internet of Things (IoT) has made us more connected than ever, allowing us to share data seamlessly between people and devices. The bounds of the IoT are limitless and learning to harness this technology may give your business an upper hand.
Internet of Things Explained with IoT Technologies Benefits for Intelligent Future
Future of the Internet of Things (IoT)
Currently, the IoT makes things faster and more comfortable. People use their smartphones to adjust lights, sounds, and the temperature. They can lock and unlock their vehicles, homes, and businesses without ever using a physical key. An automated robot can keep daily to-do-lists and shopping lists updated.
However, this is just the beginning. The IoT market is expected to expand exponentially. In 2018, there were 7 billion devices connected to the internet; by 2021, it is predicted that there will be 25 billion devices connected. Artificial Intelligence (AI) will be able to complete machine learning through the data you share by using these devices, allowing computers to be more intuitive and able to anticipate your needs.
More cities across the world will be smart, allowing everything from bike rental stations, video camera surveillance systems, and visitor kiosks to be automated and remotely managed. Vehicles will become smarter and require fewer human interventions. IoT will be able to offer better healthcare solutions, adapt to the preferences of customers and better manage resources by delivering products targeted to meet society’s needs.
Benefits of the Internet of Things (IoT)
The IoT provides several meaningful benefits to consumers that enhance their lives. They provide greater connectivity to make things faster. There is seamless integration between devices. This enhances the customer experience and also allows people to be more mobile.
The IoT also helps businesses and governments reduce costs, prevent crimes, improve productivity and efficiency.
Cybersecurity Issues Surrounding Internet of Things (IoT)
Artificial Intelligence (AI) is very proficient at detecting potential fraud and making it easier to report a cybercrime. However, statistics on cybersecurity show that the internet has made it much easier for criminals to commit crimes. Information is shared between devices and across networks. Each connected device serves as a potential entry point, so any unsecured devices can potentially lead to the manipulation of the entire system.
In an IoT world, technology can be compromised to enter into a home, record people without their knowledge, deactivate devices, or take a person’s confidential information.
Additionally, the IoT also poses certain privacy concerns. People are constantly being photographed and recorded over video. Every email, social media message, or website visit may collect information about the user. Consumers may not know how their information is being collected and used.
How Enterprises Position Themselves for the Future?
There are several things that enterprises can ready themselves for the impending explosion of the IoT. Businesses should work on their current fiber networks and ensure that they can handle 5G speeds. In an IoT world, there will be massive amounts of data, so businesses will need to have the infrastructure to support it.
The IoT is most effective when data can be managed in real time across your enterprise. Set up your IoT so that you can quickly obtain, analyze and act upon data. You should be prepared to try out your new tech in a low-risk way to ensure it is working correctly and delivering the information you need. Then, you can teach your employees how to make the best use of data.
With the IoT becoming more common across multiple industries, you should also watch for and be prepared to implement new policies that conform with the latest legislation on the topic.
While the IoT offers tremendous promise, the potential cybersecurity issues should not be ignored. Follow best practices for securing your technology, including:
● Allowing only trusted devices to connect to sensitive networks
● Install reputable anti-virus software on all devices connected to your network
● Use a secure VPN
● Regularly check for firmware updates
● Be cautious about using social sharing features
● Use strong and unique passwords for all devices connected to the IoT
● Do not keep manufacturer’s default credentials and use your own unique ones instead
Conclusion:
The Internet of Things (IoT) represents great promise and opportunity. However, there are also potential cybersecurity concerns that you should be aware of. Following the steps above can help you better position your business for this expected infusion of technology.
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