The Top 8 Predictions for IoT in 2017

Brian Buntz, content director at Penton’s IoT Institute, interviewed several industry leaders to get an idea of where IoT is headed in 2017. Here are his top eight predictions

1. IoT Gets Smarter

Although the Industrial Iot (IIoT) is more advanced than the consumer side of IoT, applications for both tend to use unimpressive, relatively “dumb” computing power. That will change in the upcoming year as companies start using high-power computing in their applications, like the quad-core microprocessors in Videojet’s industrial printers. There will also be a move to more connectivity with either a low-power, long-range wireless protocol (LoRa) at the low end or 60-GHz wireless communications at the high end.

2. Data Collection Moves to the Cloud

Data collection will move to the cloud, and it probably won’t be based on SQL. There could be purpose-built collection services with the major goals being the use of AI to recognize individuals’ speech and improve machine operations.

3. Recruiting IoT Employees Will Remain a Challenge

Companies launching IoT projects, including those involving smart cities and industrial facilities, face a tough time in recruiting talent. It remains a challenge to find enough workers to secure the Internet of Things, and 45% of IoT companies struggle to find security professionals. And 30% report having difficulty finding digital marketers.

4. Companies Will Develop Common-Sense IoT Products

Companies are learning that just because something can be hooked into the internet doesn’t mean someone will buy it. In 2017, companies will turn out products that use connectivity to solve real problems, and some could be extremely successful. But they will have to learn how to be more adept in explaining to consumers how their connected products can improve their lives.

5. The IoT Market Will Expand, Despite Security Risks

Some IoT companies will be reckless when it comes to security, particularly with consumer products. More companies, however, will understand that security needs to be built into products. Still, there will be more IoT security threats and actions, but the IoT will plow on, especially on the industrial side.

6. Winning IoT Products Will Include Services

One IoT product that stands out is Amazon Echo, and that’s because it ties into Amazon to offer services such as voice recognition, streaming music, and the ability to summon an Uber.

This model is also gaining traction in the industrial realm. The German air pump manufacturer Kaeser Kompressore, for example, plans to sell “air as a service” rather than just selling and renting compressors.

In the past, most machine builders simply sold products. With the IIot, they will sell machines-as-a-service.

7. Startups Will Gain Ground

Startups are better positioned than large conglomerates to better understand what the IoT can do for consumers. And the bigger the company, the slower it is to move into new areas and new technologies. Startups will leverage this agility and insight to grab a large share of the IoT market.

8. Standards Remain Up in the Air

The lack of IoT standards is similar to challenges that have stymied the healthcare industry for years. A recent survey revealed that only 6% of hospitals had a high level of interoperability, according to research from KLAS. In the IoT, no one is responsible for the cost savings consumers and businesses would get with standards, and companies are more concerned with protecting market share than pushing for a universal set of standards.

For more insights into the IoT and Buntz's predictions, check out his column here and other content at Penton’s Internet of Things Institute.

Discuss this Blog Entry 2

on Nov 19, 2016

...ops, You forgot the big one.

9. Implement Electrical Grid and Hardware Security to protect IoT.

IoT security is not just a software theft issue.

IoT solid state devices are completely vulnerable to an EMP attack.

Only a tiny fraction of the nations infrastructure is hardened enough to survive one, and it WILL NOT BE the US electrical grid.

Pass the SHIELD Act Now, Before It's Too Late

breitbart. com/national-security/2013/07/29/pass-the-shield-act-now-before-it-is-too-late/

On June 18, (2015) the Congressional EMP Caucus held a public event to launch the SHIELD Act, (H. R. 1073) which would protect the national electric grid from a natural or manmade electromagnetic pulse (EMP).

EMP is the ultimate cyber threat, a high-tech means of killing millions the old fashioned way–through starvation, disease, and societal collapse.

An EMP can be generated by a terrorist or rogue state nuclear missile, or even by lofting a warhead with a balloon, perhaps launched off a freighter near our shores to preserve anonymity, and burst at high-altitude. A single crude nuclear weapon could generate an EMP that would collapse electric grids and critical infrastructures everywhere in the United States.

A ship-launched EMP attack by terrorists or rogue states could conceal the identity of the attacker, so we might never know who hit us.

Iran, the world’s chief sponsor of international terrorism, openly writes about eliminating the United States with an EMP attack, has conducted live missile launches simulating EMP attacks, and has practiced missile launching from a vessel in the Caspian Sea. In December 2012, North Korea used an intercontinental missile to orbit a satellite that appeared to be a practice run for a surprise nuclear EMP attack that bypasses U.S. early warning radars and missile defenses.

An EMP can also be generated by the Sun, causing geomagnetic storms on Earth. In 1989, a geomagnetic storm blacked out eastern Canada, inflicting billions of dollars in losses. In 1859, the Carrington Event, a rare geomagnetic super-storm, caused worldwide damage and fires in telegraph stations and other primitive electronics–none of which were then necessary for societal survival.

H.R. 1073 Introduced: Feb 25, 2015
Status:Passed House on Nov 16, 2015
This bill passed in the House on November 16, 2015 and goes to the Senate next for consideration.

Prognosis Details
This bill has a 3% chance of being enacted.

Why?? Industry does NOT want to pay for it!

When the EMP attack takes us back to the 1800's be sure to thank Congress and Industry.

on Dec 12, 2016

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