There have been so many technological innovations in the past few years, and it is difficult to say which are going to disrupt the market and which are going to benefit it. However, we do know one thing for sure – The Internet of Things (IoT) will continue to be a force for better business in 2019 and beyond. The Cloud has created a new mindset about how IT can be utilised for success, and the Internet of Things operates off this power to deliver more agile, active business solutions. Its most significant impact has been on connected devices, with Cisco projecting that a whopping 50 billion devices will be connected with IoT by the year 2020. However, it is not the number that is important – it is what organisations do with their IoT strategy and data utilisation that matters.
One of the biggest challenges companies encounter when it comes to IoT is the potential complexity of its ecosystem. They key word here is ‘potential’. Not all IoT solutions need to be complex, and not every device has to be connected. The first step on the path to successful integration is simply understanding what the Internet of Things can do for your business, and what you want it to do for your business.
An IoT ecosystem is built on four central components:
- Hardware: Which includes sensors, devices, and networks
- Software: Comprised of platforms, carriers, Cloud, and apps
- Services: Made up of integration, IT management, analytics, and security
- Rules: Such as those held by industry groups and government, as well as compliance standards
These are all things that companies must consider when they begin their Journey to IoT. Step one is always to establish the right hardware to ensure that integration with IoT can be performed successfully and to the standards required of the company. This includes building robust networks for data transmission, before ensuring that software components are relevant for Digital Transformation and applicable to what a business wants from their Future Workplace. This includes finding the right service providers, operating systems, and applications for each company.
When it comes to services and rules, businesses will need to consider what their industry standards are – and what legislation they need to comply with. Companies need to know what security measures they need to apply, and how to maintain them, along with an effective disaster recovery plan and back-up solution.
Closing the gap between these components can seem like a considerable, but with the right team on board, it doesn’t have to be complicated.
Adopting the Internet of Things isn’t difficult if you have an adoption strategy that meets the needs of your business. This means understanding what it is you need when you need it, and what your budget and client requirements are. It can be overwhelming to face the trends of IoT head on, but business leaders are not alone.
Here at MOQdigital, we understand the ins and outs of the IoT ecosystem – and what it takes to thrive in a new, modern, digitally driven environment. Our team can help you get the most out of your analysis and insights, and ensure that you are using IoT the right way.
This includes thinking through the impact of the Internet of Things on your business, performing thorough cyber security assessments, and delivering effective and reliable remote monitoring solutions. We also help build and secure your operating systems, allowing you to deploy devices to IoT safely and robustly.
Contact us today to find out more.