The future of the IoT: From edge computing to 5G

Future of IoT

Moving to the edge

Edge computing refers to any device that collects data outside a large data center. Traditionally, devices did not have the calculation level or the storage capabilities needed to hold and analyze data, so it was sent to the cloud for examination. Such tools are now being developed with embedded software, however, more regularly, allowing them to apply machine learning and analytics to extract useful insights from data.

In the end, given that information and insights can be accessed almost instantly through business intelligence, these new features allow businesses to process data more quickly, more cost-effectively, and more streamlined. Additionally, the local storage of data within devices reduces the need for low latency and bandwidth–reducing the network stress.

The need for global standardization 

Today a number of issues emerge across industries as a result of disjointed IoT supply chains, consisting of sensors that are not configured to "speak" to each other.A connected supply chain on the flip side provides a holistic view of the entire operation as sensors can understand each other and work in tandem in turn. This means that the process can be contributed by all suppliers. 

The creation of a connected supply chain requires vendor-lock-in elimination. This can be achieved by standardizing globally. It helps organizations to create interoperability between products and services to enable free flow of information between sensors. Simply put, it will be important for companies looking to automate their IoT network to create a standardized, interoperable framework.

For a number of years now, standards bodies and regulatory organizations have been discussing global standardization initiatives. We can expect to see some real changes here in the coming years, however, as businesses are increasingly relying on IoT.  

IoT Security Challenges

Although the advent of the IoT offers a variety of business benefits, a number of complex security concerns have also been brought with it. The cyber-attack surface area is becoming wider and more diverse than ever before, with more devices connecting to the Internet every day. A lot of access points are now available for malicious actors seeking to infiltrate the network of a company.Construction of a connected car now includes a number of different manufacturers, suppliers, systems and sensors to use a tangible example. This makes it difficult to find out who or what is responsible for the safety of the end product. 

With that in mind, we are beginning to see IT leaders use innovative technologies such as artificial intelligence, blockchain, and machine learning to solve security challenges at the edge. There is still a long way to go, though, and network control will be important until then with always-on security systems.

5G and IoT innovation

The introduction of 5 G for smartphones and tablets transforms a wide range of areas beyond just mobile connections. In fact, the high-speed connections, lower latencies and extended locations that go hand in hand with 5 G connectivity enable new cases of IoT use. Looking ahead, IoT applications will increase and become even more revolutionary with 5 G promising to enable organizations to capture and analyze data in real time.

It's important to note that we're still at the beginning of a 5 G revolution.Although it currently does not have the ability to completely overhaul the IoT industry, we should expect it to advance significantly in the coming year. 

IoT does not exist in a vacuum: the industry leaders need to be aware of the broader picture in order to reach their full potential. And by keeping an eye on current challenges and developments across the technology sector, they will be better positioned to drive forward IoT applications and services at a rapid pace.

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