- On December 28, 2015
For 2015, it seemed as though the world around us got a whole lot smarter. We are now experiencing “smarter” homes, cars, and things we use every day. What will 2016 bring?
Market demand shifts from consumer to enterprise
The IoT reached everyone’s consciousness in 2015 a little more than it did in 2014. For the coming year, many industries will want to get ahold of these IoT. Away from the slightly gimmicky consumer applications such as smart homes and intelligent vehicles, connected technology has the potential to truly reinvent a wide number of industries, which can benefit from a huge range of advantages provided by IoT technology.
“While the Internet of Things hype reached its peak in the consumer markets this past year, 2016 will be the year of IoT in the enterprise market. Currently, we are seeing a slump in sales for the once buzz worthy, consumer IoT devices, such as fitness trackers, whereas just the opposite is happening for commercial IoT products,” explains Jason Shepherd, director of IoT strategy and partnerships at Dell.
He continues: “As companies begin understanding the value of IoT, commercial IoT solutions will gain traction and the enterprise will emerge as the largest market for IoT adoption.”
The importance of security
All of these things, and all of the data they produce, will need to be secured, and safely stored, in order to ensure both businesses and customers stay protected. The new connected IoT world will also need to ensure that consumers have the information they need to make educated decisions about the products they purchase, including the level of security offered by new products and solutions.
Big Data will become more profitable, and even bigger
More and more data is being produced by the increasing number of devices connected to the IoT. Now the challenge is to determine what to do with it. It has been forecasted that there will be 6.4 billion connected ‘things’ used worldwide in 2016, which means there is a huge amount of ‘big data’ being created each day, all of which needs to be analyzed and stored.
This explosion is also creating a need for further investment in IoT infrastructure, as more bandwidth and power is needed to cope with all the information.
The communication between technology and humans
Wearable technology offers the most direct way for us to interact with the IoT, providing a wealth of useful information that can then be uploaded and analyzed.
Wearable technology can play a big part in industry, allowing workers to quickly visualize and analyze situations without the need to be in danger or at risk. Heads Up Displays (HUD), smart gloves, and wearable cameras all have the possibility to revolutionize working in a wide range of industries.
The evolution towards the “Internet of Everything”
The IoT could soon be directly affecting every point of our lives. From health to work to travel to entertainment, the possibilities are truly endless.