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Internet Of Things

Security is Paramount in the Internet of Things

The internet of things offers a wealth of chance for the telecoms industry. It presents mobile operators an opportunity to develop and enhance their client offerings and increase market growth. We’ve already seen the likes of Vodafone delve into the buyer aspect of IoT with the launch of its new “V by Vodafone” bundle, whereby shoppers are charged for the number of connected devices they add to their monthly set up. However, together with this raft of success and varied chances, comes the heightened risk of security breaches.ace-micro

Operators need to be good with their investment once it involves IoT. It’s all well and sensible chasing new sales leads and initiatives and reaping the rewards, however, security must be high, if not at the highest, of their agenda. With the increased range of devices accessing the core network, operators need to guarantee they set up for the more severe and have prevention measures in place for attainable hijackers. The repercussions of such a breach will have

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3TECH Summit | Converging The Technologies

The 3TECH Summit brings together global leading experts in Artificial Intelligence, Blockchain and Internet of Things to challenge them on how these 3TECHnologies will converge in the future. Organized by AEBICON Group, this is the first event of its kind and is due to be held on 15th October 2018 in Dubai.The United Arab Emirates is a leading country with the most technologically advanced agenda and the 3TECH Summit aims to incorporate high-level debates, panel discussions and technical sessions while uniting world tech leaders and creating a unique platform for discussions about the future.

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IoT market spend likely to grow to $1.29 tn in 2020

IoT

Digital technology like Internet of Things (IoT) is poised to transform the way businesses generate and consume data and the worldwide IoT market spend is expected to grow to $1.29 trillion in 2020, says a report.

A key factor driving its adoption is the increasing realisation of the value that IoT brings along with improving the customer experience.

In addition, most businesses today are either at a starting point in their IoT journey or are at some stage considering an IoT deployment which, in turn, will lead to a significant uptrend in the adoption of IoT.

According to an IDC-Aeris report, the worldwide IoT market spend will grow from $625.2 billion in 2015 to $1.29 trillion in 2020, with a compounded annual growth rate (CAGR) of 15.6 per cent.

“Today, IoT has gone way beyond tagging and tracking and has entered diverse domains and is enabling a range of business benefits,” said Rishi Bhatnagar, President of Aeris in India.

Source: http://www.thehindubusinessline.com/info-tec

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