The use of industrial automated machinery and control systems continues to grow as factories and plants implement sensors and actuators to monitor environments and the machines in these spaces. The adoption of technology in these environments has been coined the Industrial Internet of Things (IIoT). And, as hardware and software solutions continue to drop in price ($30-$300), industries are adopting technologies as tools for economization of resources and energy – leading to increased profits, less waste, and overall increases in operational efficiency. Continue reading “Industrial Internet of Things: Efficiencies to Consider”
The latest advancements in silicon technologies has given birth to the connected devices which we have grown accustomed referring to as the “Internet of Things,” (IoT).
The IoT extends from consumer-owner mobile devices to smart connected devices available in homes, enterprises, healthcare institutions and more. An IoT-focused research by Gartner published in February projected 8.4 billion connected things this year and this will grow to 20.4 billion by 2020, driven by the rapid growth of connectivity and consumer services. IoT spending is projected to reach $1.29 trillion by 2020 from the projected $737 billion in 2016.
Like us, you too might be wondering where are all these devices and money are going? Aside from the home and the enterprise, there are particular industries that are leading the way in terms of investments in IoT technologies. Research by Gartner on IoT usage in the enterprise cited that the adoption of revolutionary devices reached 43% of enterprises globally by the end of 2016. The report estimates that the total investment from 2015 to 2020 will reach $6 trillion among both consumer and industrial IoT markets, led by the latter’s continuous growth.
Every new technology comes with great benefits, but of course they all have their risks. We analyzed three types of IoT (Internet of Things) applications that might be vulnerable to security threats: webcams, patient monitoring, and smart vehicles. If your IoT application involves any of these, here we present some reasons why you should be extra careful, and of course how to minimize the risk.
Remember when Mark Zuckerberg celebrated Instagram reaching over 500 million monthly users using a cute cardboard? You could see he had a tape over his laptop camera (see below). The FBI Director does the same, and they surely have a reason for it.