The Internet of Things (IoT) certainly earns plenty of headlines. Here we discussing about IoT definitions, Market Forecasts, Potential standards and challenges facing CIOs, Chief Data Officers (CDOs), Who hope to make business sense of data from all types of devices.
2. Here’s a look
IoT definitions
Market Forecasts
Potential standards and challenges facing CIOs
Chief Data Officers (CDOs)
Who hope to make business sense of data from all types of devices
3. Internet of Things
(IoT) Definition
The Internet of Things (IoT) involves embedded computing devices interconnected
with the existing Internet infrastructure
Built-in sensors
Smart thermostats
Home appliances that are
networked for remote monitoring
Examples
4. Internet of Things
(IoT) Market Size
Gartner Predicts: (IoT) will include 26 billion units
installed by 2020
Gartner Forecasts: IoT product and service suppliers will
generate incremental revenue exceeding $300 billion,
mostly in services
Cisco: “the Internet of Everything.” There will
be more mobile devices and smartphones
connected than the total global population
by 2015.
Cisco Forecasts: By 2020, more than 5 billion
people will be connected, not to mention 50
billion things.
5. Internet of Things
(IoT) Standards
Key IoT standards initiatives are underway at the IEEE Standards Association (IEEE-SA)
For IoT to really thrive, vendors and customers will
need to embrace open standards that improve device
monitoring and management; big data information
gathering and analytics; and overall network
communications
6. IoT Security
Considerations
The increasing digitization and automation of the
multitudes of devices deployed across different areas
of modern urban environments are set to create new
security challenges to many industries
7. IoT People & Process
Considerations
Significant security challenges will remain as the big
data created as a result of the deployment of myriad
devices will drastically increase security complexity
8. IoT Consumer Privacy
Considerations
Smart Metering equipment and increasingly
digitized automobiles, there will be a vast
amount of data providing information on users
personal use of devices that, if not secured, can
give rise to breaches of privacy
9. IoT Data Management
Considerations
The impact of the IoT on storage is two-pronged in
types of data to be stored: personal data (Consumer-
Driven) and big data (Enterprise-Driven). As apps and
devices continue to learn about the user, significant
data will be generated
10. Sources
Cisco Systems
GE
Information-Management
Gartner
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