When it comes to IoT, IT professionals need to pay attention to privacy and security, transforming business architecture, and internal convergence and analysis.
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Thanks to recent advances in cloud computing, the Internet of Things (IoT) is set to reinvent the IT landscape and provide us with a seamlessly connected digital experience. As business operations and consumer attitudes begin to shift, IT professionals across every sector are familiarizing themselves with this new technology in order to future-proof their careers.
Of course, as appetites for interconnected devices rise, so will job opportunities within the space. Surveys in recent years report 63% of C-suite executives are planning to increase their reliance on IoT technology, and it’s estimated that there will be over 75 billion connected devices by 2025. IoT development in the industrial sector alone is forecasted to add over $14 trillion to the global economy by 2030.
With these predictions in mind, organizations across every sector are beginning to invest in IoT technology in an attempt to improve operations, transform business models, and enhance communications. It’s clear that the tech driving an organization has become just as essential to success as the product or service provided. The ability to access and leverage the swelling network of devices, data, and systems populating everyday life is crucial if a business or employee is to remain competitive.
As these investments grow, companies must turn to IT professionals when considering how to manage these connections and interpret the data produced.
If you count yourself amongst these professionals, there are three implications of the evolving IoT that you should consider to help you develop your career and succeed in Industry 4.0.
The privacy and security concerns inherent in IoT devices are disturbingly broad — so much so that the phrase « IoT security » has already been dubbed an oxymoron. As the number of use cases grows, so, too, will the risks.
With the technology still in its infancy, there is no standard security protocol for developers to work by. Similarly, end users are often without the tools or information necessary to mitigate risks themselves.
These rising security concerns have fuelled an explosion in consumer security software.
