ABI Research says the smart home market was worth $56 billion in 2018, and it’s expected to reach $123 billion by 2022. However, smart home has its work cut out for it, and, in many ways, it always has. While far more consumers recognize the benefits of smart-home technologies than they did 10 years ago and far more of them have smart technologies in their homes, the ecosystem remains a complicated one. Interoperability is one of the main challenges facing the space, but smart-home industry players are working toward a more standardized, interoperable smart home future.
What happens to all that great technology development in the IoT (Internet of Things) when an open-source project is abandoned? There is no question that today open source is one of the top tech trends driving the world markets.
Growth is the name of the game in the IoT (Internet of Things) and in the IIoT (industrial IoT), as the number of connected devices serving a range of vertical markets is set to explode in the coming years. Factories are becoming automated environments, logistics operations and supply chains are getting an overhaul thanks to IoT technologies, and sectors like healthcare are benefiting from always-on connectivity. With the rise in the number connected devices comes an increase in data and, in some cases, a trend toward edge computing to better handle this influx of enterprise data.
With the 600th episode, The Peggy Smedley Show has been an economic, cultural trends, and educational tech leader, partnering with a host of individuals, governments, and businesses to create positive results for more than a million listeners globally.
We’re living in a world in which our very realities are being enhanced all with the help of a little technology called the IoT (Internet of Things). AR (augmented reality) and of course, its VR (virtual reality) sidekick are quickly becoming relevant once again in more use cases than ever before.
As more businesses undergo digital transformations, companies will need to invest in cybersecurity solutions; it’s just the nature of the beast. For those deploying intelligent building solutions, cybersecurity must be a priority, because smart buildings, with all of their connectivity, interactivity, and interfaces, offer many access points, which could act as gateways to business data that owners and operators would rather be kept private. To avoid being vulnerable to such breaches, owners and operators are looking to invest in cybersecurity, and their investments could help define the future and trajectory of intelligent building security solutions.
Do businesses and consumers have to give up their right to data privacy in order to benefit from innovative, personalized, and feature-rich apps and other technology solutions? At times, it seems like the answer is yes. However, many in the tech space, including Tim Cook, CEO of Apple, don’t believe this needs to be the case. A bill recently introduced to Congress by Senator Marco Rubio (R-FL), the ADD (American Data Dissemination) Act, is the latest example of how the U.S. government is working toward providing a solution that will help ensure data privacy in a digital age.
Of all the ways IoT (Internet of Things) technologies promise to change lives and businesses in the next century, the idea that any and all machines could obtain human-esque intelligence through AI (artificial intelligence) is among the most exciting. No longer the realm of science fiction, AI powers many everyday processes and increasingly common devices and services—from Netflix’s personalized content recommendations to smart speakers with voice-activated personal assistants. In 2019, innovative minds and companies will continue to push the envelope, enabling new and/or more advanced applications of AI in business and consumer realms.
If connected devices are going to surpass 26 billion in 2019, many IoT (Internet of Things) thought leaders are questioning whether various bodies can come together to ensure the right cybersecurity systems are in place to achieve the necessary levels of security and privacy. Actually, when you think about all the “things” we are connecting to the internet today it’s a really great question. Perhaps even a better question is whether that number is going to explode even more looking farther out.
Cognitive technologies like machine learning and AI (artificial intelligence) certainly have proven to be an important part of the IoT (Internet of Things) sector because they can help make products and services smarter and, therefore, more valuable.
Learning about the IoT (Internet of Things) and how devices and data can improve businesses isn’t reserved for on-the-job training anymore. Universities are realizing the importance of training the next generation of tech leaders within their walls, and there are some really exciting academic programs and industry partnerships to show for it. Going forward, this trend will continue.
Each year, CES stands out as one of the most important events in the IoT (Internet of Things) industry. Though it focuses on consumer technology, much of what companies announce and demonstrate impacts the enterprise space in a big way. The 2019 CES conference is underway in Las Vegas, Nev., and already, exciting things are happening. Here are just a few announcements to know about so far.
It’s 2019 and it’s time to delve right into the emerging technologies that are impacting the IoT (Internet of Things) in a big way: cybersecurity and legislation, 5G, and digital twins. But, more importantly, in this column, we will take a deeper look at some overarching trends that are being impacted in the IoT space.
Senthil Ramakrishnan, lead member of technical staff in AT&T’s Internet of Things organization, http://business.att.com, joined Peggy Smedley to talk about how companies can create an approach for edge-to-edge security as part of their digital transformation. He also shares some key tips to help companies avoid costly mistakes when considering IoT (Internet of Things) security. There’s often little or no consideration given to how legacy applications will be managed as we move to the cloud. He addresses if we need to change our thinking—and if so, how cybersecurity comes into play in this area.
With the New Year comes many new challenges and many opportunities for the IoT (Internet of Things). There is no question that 2019 can be seen as the year of innovation, led by a world of 5G.