According to the analytics company Garnter, it is estimated that by 2022 more than 26 billion devices will be connected to the Internet of Things. According to other estimates, this figure will be 100 billion. The relationships between people, between people and things, and between things will radically change our lives. In what way?
The new rule for the future will be: «Anything that can be connected, will be connected.» But do we want so many devices to talk to each other? For example, for an office printer to know when its cartridge is running out, and automatically order a new one from the supplier, run an analysis of prices and pay for the purchase using your credit card?
More broadly, IoT can be applied to things such as transport networks: smart cities that can help us reduce losses and improve energy efficiency. IoT provides almost endless possibilities and connections, many of which we cannot even imagine and the impact of which we cannot fully appreciate.
This technology offers great opportunities, but also creates problems. One of them is security. When billions of devices are connected together, there is a significant possibility of information leaks. Another problem is privacy and data exchange. This topic is already relevant today, so you can imagine how it will escalate with the development of IoT and the connection of billions of devices. Another problem that many companies will face is related to the huge amount of data that these devices will produce. Companies will have to find a way to store, track and analyse the enormous amounts of data that will be generated.
IoT is being discussed all over the world, and now we are just trying to understand how this technology will affect our lives.
Material prepared by:
Director of Business Development of the UNEX Corporation for Eastern Europe