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More about the Internet of Things (IoT)!

More about the Internet of Things (IoT)!

More about the Internet of Things (IoT)!

As more and more information and predictions are published about the Internet of Things (IoT), it’s probably a good idea that we all take a deep breath because the tsunami of information isn’t even close to hitting us yet. 

IoT, connected homes, connected cars, 5G wireless technology

8.4 billion connected things!

In our current world of information overload, you would be hard pressed to read any updates about mobility or information technology without some mention of IoT.  To be sure, it is the wave of the future, however there is as much fact as there is fiction regarding the predictions as to how it will impact our lives and when.

Just in case you haven’t had a chance to read any of the latest updates, here are a few to help get you up to speed.

  • Industrial uses of IoT are seemly ahead of consumer oriented uses and applications. However as more large companies simplify the benefits and outline the value to the consumer, you can rest assured that the demand from consumers will drive a meteoric rise of consumer based IOT applications.  From checking the contents of your smart refrigerator while you’re shopping in the grocery store, to turning up the heat in your home while driving from work, consumers will end up driving the rate of IoT innovations exponentially.
  • Security will become the primary focal point of most IoT headlines. Because we are at the base of the growth curve of consumer based IoT applications, there hasn’t been an inordinate number of negative headlines driving awareness of the potential threats and security risks of unsecure IoT networks and applications.  This will surely change in the coming months as more IoT applications are deployed and hacked by unscrupulous people.  This will be one of the most debated components of IoT’s upcoming growth surge as millions of people become susceptible to its’ interwoven presence in our lives.       
  • Industry standards are needed on a widespread, global basis. Today there are few shared industry languages, little interoperability, and many competing standards making the integration of IoT based services challenging and deployments costly.  Industry standards will soon need to be put into place because currently they are all over the place.  Until large companies come together and agree upon basic standards, IoT deployments will remain highly customized and costly.  This lack of uniformity will certainly contribute to a slower proliferation for IoT in the immediate future.   

Mobile World Congress 2017 was all about IoT and how everything will be connected through your smartphone. Gartner estimates that 8.4 billion connected things will be in use around the world this year. While 5G Networks are still a way off in the distance, AT&T has moved the needle on the reality of consumers using 5G to sometime in 2018, although there are no definite dates for 5G as of yet. However, it is becoming apparent that wireless will permeate everything, from cars to media, to homes, and now moving into manufacturing and agriculture. The possibilities are endless!

In summary, IoT technology and benefits continue to be exciting to read about, however it’s still in it’s infancy for widespread deployment and utilization.  Once the additional pieces of the puzzle come into place regarding consumer benefits, ease of implementation and deployment for industries, and better security and standards for all including a 5G network, we will soon begin to see how IoT can change so many things in our lives and begin to change the world.  Until then, IoT will remain a fun topic to read and dream about (from your IoT connected smart device of course)!