It is unfortunate that we are left with the clumsy phrase «Internet of Things» to describe the 50 billion devices, sensors and keyboards that are estimated to be connected to the Internet in 2020. It sounds clumsy, clumsy and lazy enough to be really easy Combine frivolous ( a kettle with WiFi connection , for example) with what can save lives.
The World Forum for the Internet of Things is now in its fourth year, and the conference has grown considerably from the group of true believers who attended the first event in Barcelona in 2014. Since the conference was right on my doorstep in the Tobacco Dock in East London, I participated in the first day and here are some interesting topics that I took from the various discussions and discussions in which I participated.
It is undeniable that it is a great business
Cisco, the company that organized the event, showed exactly how big the Internet of Things has become and how far it has to go. In the last five years, $ 6.9 billion has been invested in industrial IoT projects, with almost a third of them entering the last year. In Barcelona, Estimates suggest that IoT projects have created 47,000 new jobs .
«There are now 8.4 billion connected things around the world,» Cisco President Chuck Robbins said in his keynote address. «And 3.1 billion of these things are used by companies. Think about it – we are in the early stages, the zero phase, where 26% of these things are successful in their first ripe fruit initiatives and there are already more than three billion of these things.
This is a security headache
Most of the people struggling to keep up with basic safety hygiene on a single phone and laptop So imagine a world we will reach 50 billion devices worldwide by 2020 . I’ve seen the damage that connected devices can do Malware malware Mirai which turned thousands of IoT devices into slaves to a botnet.
«The surface level of threats will increase exponentially,» Robbins said in his keynote speech. «In fact, we block 20 billion threats a day, six times the number of searches Google does.»
We hope that the companies will take security measures and will do so do gray hat projects like redundant BrickerBot .
It is a world where pioneers can make rapid progress
In the IoT world, you can think of many great individual examples, but few complete integrated solutions outside Singapore . This may seem disappointing at first, but it actually means that the scene is wide open for a pioneer to step up and do well. As Inbar Lasser-Raab, Cisco’s vice president of product and solution marketing, said in his keynote address at the beginning of Wednesday’s session: «Caterpillar joined us in our first year in Barcelona, just to explore. They came to Chicago next year and were on stage sharing an amazing IoT product and I’m here again this year talking about their progress. «
IoT makes weird friends
Since no one has a monopoly on the Internet of Things, the initiatives are undoubtedly leading to some very strange bedfellows. «You’ll build partnerships with companies you’ve never dreamed of,» Robbins said. If you had said 10 years ago that Cisco and Rockwell were going to build a partnership, I would have said, ‘It’s great, we’re going to sell you a few things.’ Looks like the association was more balanced than that. .
At the moment, few projects are completed
Cisco announced a surprising statistic from its own research at the conference: only 26% of IoT initiatives are successfully completed. However, it is not as bad a title as it sounds, as Lasser-Raab explained: “This does not mean that 74% are not successful, but rather that they are in the process of getting there, or they are slowing down and having need more resources or other things to get them up and running. About 15% failed, which is more or less what you would expect. «
A quick audience survey showed areas where delegates were struggling:
Some projects can make the difference between life and death
If you’re a rhino, anyway. I took some time to talk to Dimension Data about their conservation project, in which IoT sensors dramatically reduced rhino poaching in a South African game reservation. The sensors around the edge of the game reserve mean that until an unauthorized person crosses the fence, officers can be at their location in seven minutes, and the solution does not require them to interfere with the rhino.
I had a half-hour discussion about the project with Bruce Watson of Dimension Data, so stay tuned for the full interview.
It could be transformative … and not necessarily the way you think
We are still at the beginning of IoT development, with simple integrations taking place surprisingly first. With billions of dollars flowing into the industry, bigger projects are underway and could be truly revolutionary.
A simple example of this was recorded in me by Don Tapscott, the author The Blockchain Revolution , which explained some possible side effects of a truly integrated technology solution.
Autonomous vehicles, connected to smart roads and infrastructure, would generally be transformative, he said: «A virtual mass transport system can solve a lot of really big problems, not just energy, pollution and traffic, but in London half from the cost of the police is the control and maintenance of traffic. What if this money could be reinvested? «
Really. The Internet of Things may seem frivolous at times, but we are still in the beginning. The next few years could be really transformative.