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IoT Innovation, Issue 3

Where we look at the impact of connected cars

19Sep

The Internet of Things has shaken up a huge number of industries by creating an independent niche in the market - constantly evolving, and offering new features for consumers. Probably one of the most impressive innovations in the IoT has been seen in the automotive sector, with the introduction of connected and driverless cars. Tesla, Google and Uber are just a few examples of companies innovating with driverless technology, with other manufacturers catching up fast. Later in this issue, Elliot Pannaman will look at how the IoT will revolutionize transport, including examples of advanced safety features and effective collaboration between the IoT and supply chain.

Despite these opportunities, though, the IoT world is also facing many challenges. Security is the main one, with cyberattacks a major obstacle holding the IoT back from mass distribution. A PricewaterhouseCoopers report found that 70% of connected IoT devices in use today lack fundamental security safeguards. Problems prevail in the wearable sector and manufacturers need to find ways to protect data before the potential of the IoT can be truly exploited. Charlie Sammonds expands on the issue, suggesting that security and efficiency are up to manufacturers, but consumers also need to be aware of possible risks.

Connected devices are now present in pretty much every industry, including healthcare. In the so-called Medical Internet of Things (MIoT), safety and efficiency are of paramount importance and there must be a line carefully trodden to ensure that connected devices benefit patients and don’t cause harm. So how can healthcare organizations use the IoT to get ahead? Bhoopathi Rapolu talks about ways MIoT can be effectively implemented by using the cloud, democratizing data, and creating partnerships - and how this should see the MIoT market explode, enabling healthcare to be more efficient.

There have been billions of connected devices deployed across the world, yet growth has still not been as fast as many believed it would be, with IBM having predicted at least a trillion devices by 2015. There are still challenges for the IoT to overcome, and it will be interesting to see how the industry is going to fight for its place in the market and continue evolving.

As always, if you have any comment on the magazine or are interested in submitting an article please contact me at anastasia@theiegroup.com

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