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Cisco: IoT in 2018: Time for Business

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Cisco: IoT in 2018: Time for Business
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Until now, the Internet-of-Things revolution has been, with notable outlier examples, largely theoretical and experimental. In 2018, we expect that many existing projects will show measurable returns, and more projects get launched to capitalize on data produced by billions of new connected things.

With increased adoption there will be challenges: Our networks were not built to support the volumes and types of traffic that IoT generates. Security systems were not originally designed to protect connected infrastructure against IoT attacks. And managing industrial equipment that is connected to traditional IT requires new partnerships.

It’s going to be a dynamic year as the communities that have been experimenting with IoT shift into high gear, and more new businesses and government organizations, more sensors and mobile devices, and more data streams come online. A lot of value will be created, opportunities surfaced, and fortunes made and lost across industries.

I asked the leaders of some of the IoT-focused teams at Cisco to describe their predictions for the coming year, to showcase some of these changes. Here they are.

IoT Data Becomes a Bankable Asset

In 2018, winning with IoT will mean taking control of the overwhelming flood of new data coming from the millions of things already connected, and the billions more to come. Simply consolidating that data isn’t the solution, neither is giving data away with the vague hope of achieving business benefits down the line. Data owners need to take control of their IoT data to drive towards business growth. The Economist this year said, “Data is the new oil,” and we agree.

Read the entire article here, IoT in 2018: Time for Business

Via the fine folks at Cisco Systems.

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