7 Ways IoT Could Transform Your Industry
The Internet of Things is a recurring theme in a recent Deloitte report.
March 16, 2017
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There will be one billion fingerprint reader-equipped devices by 2017, according to projections from Deloitte Global. And the technology is poised to become a standard feature on smartphones and for a growing number of applications. At present, insecure passwords continue to be one of the biggest security threats for IoT systems.
Deloitte expects distributed denial of service attacks to be a growing concern in 2017 and predicts there will be an average of one Tb/s attack per month in 2017. Many of these attacks target insecure IoT devices such as dated digital cameras or DVRs.
When traveling at 70 MPH, an average driver needs about two seconds before seeing an obstruction to slam on the brakes. By contrast, a self-driving car could react in a millisecond or two. While self-driving cars won’t likely be perfectly safe, it wouldn’t be hard for them to drive better than humans, who often struggle to merely pay attention to the road while behind the wheel.
No question about it, 5G connectivity will be a boon for Internet of Things devices. The technology won’t likely roll out globally until 2020, however. In the meantime, telecommunications companies are busily rolling out LTE-A Pro technology, which is a stepping stone towards 5G. LTE-A Pro offers greater data speeds and bandwidth while supporting more connected devices and platforms.
Deloitte expects one-fifth of smartphones sold this year to have neural network-based machine learning technology. This increase means that smartphones, which frequently serve as an IoT command and control center, will begin to mimic how the human brain functions. Deloitte expects smartphones to get better at improving everything from indoor navigation, classifying images, and understanding speech.
Thanks to GPS technology, getting lost in your car just doesn’t happen all that much. But it’s still commonplace to lose your way—or even simply underestimate distances—in massive buildings such as airports, exposition centers, and indoor shopping malls.
In the near term, expect to see more indoor-mapping technology that makes use of Wi-Fi routers and cellular base stations. Beyond that, beacons, LED lighting, ultra-wide broadband, and magnetic fields could increase the performance of indoor mapping technology, according to Deloitte.
Service-based concepts such as “power by the hour” aren’t new, but they are catching on. Deloitte Global sees this trend building in the IT-as-a-Service sector. By 2022, Deloitte expects spending for such services to account for more than half of all IT spending. The model is also gaining ground for the sale of everything from jet and marine engines and locomotives.
Service-based concepts such as “power by the hour” aren’t new, but they are catching on. Deloitte Global sees this trend building in the IT-as-a-Service sector. By 2022, Deloitte expects spending for such services to account for more than half of all IT spending. The model is also gaining ground for the sale of everything from jet and marine engines and locomotives.
Imagine a world where passwords are passé, self-driving cars rule the road, and your smartphone is beginning to mimic how your brain functions. Such a world is quickly becoming a reality, according to the most recent edition of Deloitte’s Technology, Media and Telecommunications report. Here are seven trends to watch out for.
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