IoT turns into a service!

As the IoT matures, vendors are creating application bundles to simplify deployments; but safety remains a concern.

The Internet of Things is a technology that has been hyped for years. But the pandemic and the accompanying tidal wave of remote working have pushed its actual use in business to a furious pace. In addition, the IoT is maturing. Vendors are starting to sell fully operational apps; and not just the components companies need to create their own.

The pandemic has already led to strong growth in the types of technologies for which the IoT is already well known; including predictive maintenance in industry and the automation of ports and other transport facilities. In these areas, the IoT limits the time workers spend on site.

Remotely monitored systems do not need to be serviced face-to-face as often as they otherwise would be. Some functions, including some types of inspection and maintenance, can be managed entirely remotely. This further reduces the time workers have to spend on site and in close proximity to each other.

Commercial IoT applications

According to Al Velosa, vice president and analyst at Gartner, the next major IoT evolution will be a move away from traditional connectivity, where hardware vendors simply sell a way to transfer data from assets in the field. to the cloud, to turn to fully integrated applications.

“What has emerged in 2021 are much more closed professional applications. “, did he declare. “We’ve seen a bunch of companies deploy strategies that prohibit selling the IoT platform alone. They are now selling the application, plus the IoT. »

It is effectively a transition from the sale of components to that of finished products. A sign of growing maturity in the smart health connected objects market according to Al Velosa. In the past, a company like Sigfox could sell network connectivity to a business. He already had endpoints to connect and a cloud back-end to use. Today, GE, Siemens and others sell their operational technology as an integrated service. It’s not the end of the world for independent sellers. However, that just means they’re probably selling their product or service to another seller; rather than a business.

What’s more, integrated applications are sold and deployed on a large scale; and no longer as in the past, in the form of samples and Review benches. “These IoT initiatives are becoming much more real, in a much broader sense. “, she said. “The key here now is that those initiatives that are important to your organization — security, scalability — need to be addressed as they branch out. »

Safety Concerns

The increased interest in IoT is reflected in spending. A recent Gartner survey of IT decision makers on emerging technologies found that average IoT funding is expected to grow from around $400,000 per organization over the past 12 months to $600,000 in 2022.

Security remains a challenge! And that’s largely because the IoT requires multi-layered security; access points, network and cloud. Attacks against smart health connected devices continued apace in 2021; and they show no signs of slowing down. And since the responsibility for these different types of security lies with different stakeholders – the network provider is responsible for a secure connection, the device provider for the physical security, and a cloud provider for the back-end – there is has a collective action problem.

“Organizations strive to implement multi-layered security. said Velosa. “Unfortunately, we are also seeing ongoing issues with how these organizations are actively funding this security. »

These concerns could take on even greater significance in the near future, as more widespread IoT deployments – and deployments in more sensitive environments – take shape.

“When you start decommissioning critical infrastructure that connects the world, you potentially impact millions of lives; or on essential resources and income. said Mr. Pelino.

A sustainable future for IoT

According to Pelino, the IoT also brings hope for the future. A key driver of IoT spending in the immediate future is sustainability, thanks at least in part to increased regulatory requirements in many industries.

IoT technology has a multitude of ways to accomplish this, from building maintenance systems that ensure lights are turned off in unoccupied rooms to industrial facilities that monitoring excessive energy consumption or toxic emissions.

“The IoT … makes it possible to connect these processes and use real-time information to help ensure real-time sustainability. said Mr. Pelino.


Xiang Qin
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