What is Internet of things (IoT) and Why is it Important?

The The Internet of Things (IoT) has two purposes: to bring information to people and provide actionable information. The IoT’s goal is not just collecting big data but instead using that data to make intelligent decisions based on how it would impact the people who use the IoT services. The data collection part of the IoT is much more prevalent in manufacturing than in other industries. Service-based companies are still experimenting with ways to serve their customers through Big Data analysis better. However, as consumer acceptance rises for this new technology, its uses will become more widespread.

Governments worldwide are looking into how they can utilize IoT devices within their countries. Currently, there are talks between several nations about creating globally standardized protocols, which would allow for data to be collected from IoT devices and transmitted across different systems. This means that once a country has created standardized protocols, it will still compete with other countries because its infrastructure enables easier collection of IoT data.

To benefit more people and groups of people, these standards must first become global; if one country does create a standard and the next doesn’t, the first country’s data will be difficult if not impossible to exchange internationally. These standards are beginning to take shape as various organizations work towards creating globally accepted standards; ensuring safety through protection against cyber terrorism is one of their main concerns as these standards are being developed.

What does IoT Represents?

The Internet of Things (IoT) represents the network of physical objects—devices, vehicles, buildings and other items—embedded with electronics, software, sensors, actuators, and network connectivity which enables these objects to collect and exchange data.

The Internet of Things (IoT) is a current buzzword in the tech sphere and one that has been getting a lot of attention for a few years now. But what exactly does it entail? Is it going to change the world as we know it forever?

IoT means connecting any device with an on and off switch to the internet (or to each other). This includes everything from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of. Many cars already offer some primary forms of this technology built-in. Intelligent TVs are another example of where this trend began; most new models include at least some minimal online connectivity features.

The possibilities of what can be achieved by connecting everything to the internet are almost limitless. A smart home could have an intelligent sprinkler system that waters your plants based on weather forecasts you receive via text message, or turn off all the lights in your house 15 minutes after you fall asleep (and then back on again when it’s time to wake up). Smart cars could one day drive themselves, which would lead to fewer accidents and less traffic; this is probably closer than you might expect as per RemoteDBA.com.

Can IoT take over our lives?

The Internet of Things will inevitably take over our lives, but this is not necessarily a bad thing. IoT devices offer several benefits as long as we do not sacrifice privacy for convenience (which may be difficult at times). For example, baby monitors can be connected to a network that parents can access from their phones, tablets and laptops. This allows them to see and hear their children even if they are not in the room at the time.

Many experts believe that IoT devices will be as common as our household appliances within the next five years or so. Experts have often been wrong about these kinds of predictions, but it is clear why so many people are excited aboutabout this technology. It may not be long before we start wondering how we ever got along without all these fantastic devices connecting us! It’s time we stop staring into our screens and look up – maybe there is something interesting going on around us after all?

Potential of IoT

The Internet of Things has the potential to bring us closer together and improve existing technology. It is up to all of us what we want for our future, but it will likely have a huge impact on humanity in one way or another.

The Internet of Things (IoT) consists of billions of embedded devices that connect, collect and share data. IoT’s enormous potential has brought it to the forefront of technology development and implementation over the past few years. From remote home monitoring to predictive maintenance for industrial systems, IoT will soon be connecting people and machines everywhere. As its adoption grows, so does scrutiny surrounding security issues such as hacking and data theft.

A recent addition to this discussion comes from industry experts at Cisco Systems. They say hackers will likely try twice as hard in 2016 to exploit vulnerabilities in wearables and other consumer products. According to a recently published study by Cisco, IoT devices like fitness trackers or wearable tech are even easier targets than mobile phones or tablets. Security teams at large enterprises are not yet well-prepared to check if their infrastructure can safely support IoT devices, primarily because they are mainly concerned with the security of company data rather than employee data stored on personal devices.

IoT Device Manufacturers

IoT device manufacturers need to make security an essential element of product development and lifecycle management by designing strong authentication, encryption and key exchange protocols into products before they leave the factory floor. This means ensuring that an actual person is behind any identity on a network or on a device, making it harder for hackers to crack passwords or hijack accounts.
An effective strategy includes limiting the number of people who have access to information systems, ensuring there are multiple layers of protection around sensitive information and using two factor authentication for remote access, which requires users to verify their identities with both something they know (like a password or PIN) and something they have (such as a hardware token).

More effort needs to be made by organizations everywhere in the development of IoT device security. Since there has been a lack of IoT-related security incidents reported thus far, many enterprises are not investing enough resources into proactive measures that would help secure connected devices. However, manufacturers need to make sure they’re putting proper protocols in place for end users during deployment if clients hope to reap the benefits of this technology without encountering unnecessary risk. With more companies joining in on this type of technology’s advancement each day, precautions must be taken seriously with hackers becoming increasingly good at what they do.