The rules of international maritime technology are changing. More and more ports around the globe are investing in private networks to support their own cloud-based Internet of Things (IoT). Seatrade Maritime reports that the Port of Singapore is incentivizing small IoT tech start-ups with challenges and seed investment, and Forbes writes that the Port of Hamburg’s recent expansion and revitalization largely hinged on IoT upgrades to boost efficiency.
In some ways, the Internet of Things is aptly named, especially when it comes to security. There are a lot of things to worry about. IoT risk management point categories include the source, transport, network infrastructure, data connections, host systems, and recipients. Within each point are hundreds, possibly thousands, of components—each of which offers hackers a potential opening to infiltrate the infrastructure.
In an era where customer service can make or break an airport’s reputation, the Internet of Things provides a strategy for success. Flight delays alone will cost commercial aviation an anticipated $20 billion by 2020, and aviation must find ways to make up for these losses. “Smart airports” that employ the latest IoT technology can radically improve the passenger experience while saving airports money over time, providing a welcoming environment for weary travelers, and improving customer loyalty.
Companies around the world are making IoT adoption a top priority. But in this rush to implement a new smart infrastructure, it’s easy to overlook an important question—what’s the right strategy to scale IoT?
For agriculturalists struggling to find new solutions for water management, today’s IoT technology may be their answer. Beyond the practical importance of responsible environmental stewardship, IoT can save farmers and ranchers money by making it easier to comply with state and federal water regulations. Some estimates predict that farmers could reduce water consumption by up to 25% with the help of IoT technology, networks, and data collection.