1. IoT: Chasing the Dream of Connected World Website:
www.mobodexter.com Official Blog: http://blogs.mobodexter.com
2. Kavitha Gopalan Internet of things or IOT is moving from
buzzword to a reality. It is finding its niche in sectors like home
automation, health care, automobile and in various industrial
sectors. Based on various surveys its expected that the connected
devices market could grow from 14 billion devices today to the
range of 50-100 billion connected devices by 2020. This would be a
massive growth. There is no doubt that billions of connected
devices will redefine the way we live our lives through the concept
of connected homes, connected vehicles to connect cities. There are
some challenges in IOT that has to be addressed for faster adoption
and to make this dream a reality.
3. Enormous amount of data IOT involves collection of massive
amount sensor/actuator generated data . All this data needs to be
stored in cloud. Management and maintenance of this amount of large
data can get complicated. Another aspect is the data retention. How
long and how much of this data will be retained should be thought
and planned.
4. Privacy Concern IOTs intend is to design a smart intelligent
devices that could act without or with minimal human intervention,
For this the collected data should be shared, processed and
analyzed . Some of this data carries personal and private
information like user information, behavioral patterns, likes &
dislikes, health information and so on. This data, at wrong hands
could be fatal. So the question lingers in the minds of consumers,
who is using my data and how is it used and is my data safe.
Protecting the privacy of the data collected is one of the top
challenges to be tackled.
5. Security IOT, where billions of devices are connected on the
internet is prone to security hacks. This could result in the
misuse of both personal and corporate data. Most of the IOT devices
that are available today are vulnerable to security threats. Data
breaches are costly affairs. As per the Global Analysis, the
average consolidated total cost of a data breach is $3.8 million a
23 percent increase since 2013. Building security at every layer of
the IOT system is important .
6. Interoperability Next challenge is interoperability. When we
come to the implementation there is no unified standard for IOT
that is universally followed. This creates lot of confusion and
complexity. There are multiple platforms, numerous protocols and
numerous APIs. For example there are multiple communication
protocols , each end device from different vendor has its own
standard Bluetooth ,Zigbee, Ziwave, 6LoWPAN, 2G/3G/4G/LTE,BLE
,WiFi. The challenge is making these work together when they dont
follow a single standard. There are different bodies working to
develop a standard framework for IOT like ALLJoyn Allseen Alliance
, Open Interconnect Consortium , Industrial Internet Consortium
which could help reduce the complexity in the system.
7. Conclusion IOT has the true potential to shape human life.
But these major challenges should be resolved for hassle free and
quicker adoption of this technology across industries. The next
wave of disruptive innovation is bound to happen in this technology
space as consumers adopt this technology and we move towards a
truly connected world.