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IoT: The Good, the Bad, and the Ugly
February 2019, Cyber Security, Integrated Solutions, IT infrastructure

The Internet of Things (IoT) has stepped out of the realm of possibility and conjecture and into very dynamic real-world applications that are fundamentally changing the future for enterprises and individuals alike. The statistics that have followed this technology out of 2018 bear witness to its growth and potential.

Andrew Heuvel, CTO at SqwidNet.
Andrew Heuvel, CTO at SqwidNet.

McKinsey predicts that the IoT market will reach $US581 billion by 2020, in ICT spend alone, with a CAGR of 7% to 15%. Sensors and devices targeted at specific vertical segments are expected to achieve a CAGR of 24.57% by 2020, reaching a total of 12.86 billion units, according to Statista. It is evident that the transformative power of IoT is exponentially greater than any other technology before it.

IoT is sitting at the edge of the frontier – the wild west of technology where the good, the bad and the ugly divide opinion and capability.

The good

When it comes to the good, IoT has potential that makes it great. It is an opportunity to learn more about our world, to create more data points that allow us deeper insight into factors that affect human life, such as climate change, and information to optimise our future. It has the potential to change the way the agricultural industry uses scarce and shared resources to produce optimal harvests at lower cost points and with reduced waste.

It can be used to digitise the local governments, providing citizens with improved access to services and more efficient delivery of services. Health and commerce sectors can all benefit from having access to data and being able to interpret the data in such a way as to manage systems, skills and people with greater efficiency.

The good of IoT can be found in its ubiquity. SqwidNet, as a national IoT connectivity provider, has unlocked the value of near real-time data points for our customers. We have seen our channel solve the real-world problem on water consumption by using analytics to detect water leaks, inform consumers on municipal water quotes, gamify consumption for water conservation in near real-time. The long range, low cost, low power characteristics of IoT technologies presents a multitude of applications that have endless potential but only if it manages to overcome the bad and the ugly.

The not-so-good

Of course, as with any new technology comes the bad. IoT battles with service complexity. There is no one-size-fits-all solution that can adapt to the problem that a company is facing. Instead, there are possibly too many options and increasing implementation complexity.

It may come as a surprise that the ‘bad of IoT’ is not security but service complexity. The security problems are as a result of the service complexity and SqwidNet is on a journey to simplify this to the ABC…D of IoT, that is Application + Backend + Connectivity + Device.

In the industrial and enterprise sector, security provided by SqwidNet is not impacted by the security challenges that face the consumer sector. In the consumer sector, IoT rears its ‘ugly’ head with its security nightmares – solutions built on devices and applications that cannot be updated over time and security vulnerabilities that cannot be addressed properly.

SqwidNet is a Sigfox Operator which means that its IoT technologies are based on old military protocols with strong anti-jamming features, a global cloud-based ecosystem and every sensor is embedded with a unique, authenticated, global ID. The base station traffic is transported over an encrypted Internet tunnel to the Sigfox cloud and collected via a secure socket service.

Another key issue impacting IoT is the lack of interoperability and standards. Hardware infrastructure players have been developing alternative IoT strategies that contradict some of the software platform provider strategies. This has put solution providers in an awkward position, in cases where they are unable to offer their customers a seamless IoT service experience.

The need for standards

The maturity of standardisation in the ICT sector has set a benchmark of what is expected from the IoT industry. Microsoft Windows has standardised hardware providers, thanks to the sheer volume of adoption it has prescribed the enterprise application domain and the skill level of resources in South Africa. The same can be said for Unix/Linux in the service provider sector and Cisco for enterprise Internetworking. As the railroads brought civilisation to the wild west we would expect the development and adoption of standards to simplify IoT as companies are moving from strategy to implementation and putting real money at risk.

Finally, it is important to invest in professional services that understand the value of IoT, the complexities of its layers and application, and that can create an interconnected ecosystem that sidesteps the bad and the ugly and embraces the good. The technology partners that make up the SqwidNet IoT ecosystem are probably your technology partners today. Lean on them to help you make things come alive and drive innovation through IoT.

For more information contact SqwidNet, +27 12 443 1000, minty@sqwidnet.com, www.sqwidnet.com


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Further reading:

  • 2019 Internet of Things (IoT) Barometer
    March 2019, This Week's Editor's Pick, Integrated Solutions, IT infrastructure
    A majority of businesses that use IoT technology agree that it has either disrupted their industry or will do so in the next five years.
  • Halt, who goes there?
    March 2019, Technews Publishing, Wolfpack Information Risk, This Week's Editor's Pick, Cyber Security
    As long as organisations treat their physical and cyber domains as separate, there is little hope of securing either one.
  • Using security to enhance the customer experience?
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    Customer experience will overtake price and product as the key retail brand differentiator by the year 2020. Will the security industry be part of this transformation?
  • Intelligent video transforms the ­in-store experience
    March 2019, Hikvision South Africa, This Week's Editor's Pick, CCTV, Surveillance & Remote Monitoring, Integrated Solutions
    The customer experience is more important than ever as retailers are striving to ­differentiate themselves in a challenging and crowded market.
  • IoT is convergence in action
    March 2019, Gijima Electronic and Security Systems (GESS), NEC XON, Technews Publishing, Axiz, G4S South Africa, This Week's Editor's Pick, Cyber Security, Integrated Solutions, IT infrastructure
    The Internet of Things gains more than enough attention these days, but the IoT demonstrates the reality of the convergence between the physical and cyber worlds, and physical security is part of it.
  • Stop hacking of access control ­systems
    March 2019, This Week's Editor's Pick, Access Control & Identity Management, Cyber Security
    Think someone hacking your access control system not a big deal? Scott Lindley suggests that you think again.
  • New cybersecurity pavilion for Securex 2019
    March 2019, Securex South Africa , This Week's Editor's Pick, Cyber Security, News, Conferences & Events, Training & Education
    Securex South Africa 2019 has announced that 4Sight Technologies, a subsidiary of an international holdings company focusing on investing in Industry 4.0 companies, has signed on as the official sponsor ...
  • ISDS focuses on distribution
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    David Heenan, MD of ISDS, told Hi-Tech Security Solutions that the company has restructured and will now focus on distribution and supporting its channel partners.
  • MIPS EMEA 2019
    March 2019, Milestone Systems, News, CCTV, Surveillance & Remote Monitoring, Integrated Solutions
    Milestone Systems will kick off Community Days 2019 (MIPS) in Copenhagen, with more than 1500 participants and input from leading industry professionals.
  • A multifaceted approach to security
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  • Security by design
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  • A logical solution for cyber solutions
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    BioMini Slim 2 is a thin, FBI PIV and FBI Mobile ID certified FAP20 optical scanner with a large platen for easy capturing of fingerprints.

 
 
         
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