Just as cloud computing and Big Data were the up and coming trends at the start of this decade, the Internet of Things is now in the limelight. While the Cloud and Big Data are well underway in terms of enterprise adoption, the IoT is just starting to gain serious traction. The hype is still in full swing, but innovation and implementation are also being realized that will lead to a ubiquitous and varied world of connectivity and data sources. Here then are 10 key trends for which you should be on the lookout in 2015 regarding IoT.
Up to now, the penetration of IoT has been shallow. As these devices get smaller, smarter and less expensive, watch for them to broaden and deepen their application reach from health monitoring to smart homes, smart cars, medical devices, energy systems and everyday machines such as parking meters and hair curlers.
Without applications to control these devices and process their data, they will never reach full potential. Already IoT-targeted development platforms are being created to interface the things of IoT with end users and analytical backend services in support of enterprise marketing and decision-making.
Supporting the expected wave of applications and services springing out of IoT, 2015 will see proprietary and open standards breakthroughs aimed at a reduction in re-inventing IoT infrastructure so that companies and individuals concentrate more effort on true innovations.
Now that the IoT hype has penetrated down to the consumer level, and even though consumers are more than a bit fuzzy as to what it all means, their expectations for seeing more products with embedded sensors, logic and connectivity have never been higher. Everyone will realize, some too late, that 2015 is the year that businesses can most effectively grab the early adopters of IoT-enabled machines.
This year, IoT appliances will incorporate multiple sensors that increase the accuracy of calculations, provide redundancy and simply do more stuff via data sharing. Multiple sensors will require off-loading hubs that allow sensors to connect to one another directly and bypass the main processor.
Improved communication capabilities and multi-sensor hubs will also contribute this year towards IoT machines talking to one another. Taken a step further, the possibilities of machines pooling data and automatically making decisions without human involvement will soon be realized.
Vertical IoT Services
Cloud computing is a mature trend and one of its most fruitful applications is Big Data processing. Thus, since IoT is a natural contributor of Big Data, watch for tailor-made IoT cloud services for acquiring, digesting and analyzing this growing treasure trove of information.
Privacy and Security Concerns Take Center Stage
With the onslaught of IoT devices soon to come, 2015 has and will continue to be the year in which the obvious concerns about what it all means for individual privacy and data safety come to the fore. It is none too soon, since as with all previous technology waves there will be many unforeseen side effects.
In preparation for a full-on IoT environment, watch for IT vendors, telecoms, semiconductor manufacturers, Big Data software vendors and IoT platform providers to make big moves to make acquisitions or strategic partnerships that will position them to best advantage against competitors.
Tales of Success
As 2015 wears on, IoT customer case studies are providing a sure sign that vendors are successfully applying the technology and acquiring the experience necessary to sell the benefits to enterprises in multiple industries. This trend will be evident also by growing numbers of training programs, seminars and industry showcase events.
The trends above are clear indicators that the hype around the Internet of Things is in a validation phase leading to increased product adoption and growth of the supporting ecosystem necessary to carry it forward. For those organizations waiting to see what will happen, they may underestimate the amount of disruption to their markets and business processes that the IoT brings. They are best advised to gauge the impact of IoT trends to their own goals.