The Internet of Things (IoT) is bringing a new level of automation to business operations, and companies in every industry are in a race to be the first to utilize IoT services that increase efficiency and change the face of their industry. In the realm of vehicles, companies such as Tesla, Waymo, and Uber have been in tight competition to develop automated, data-driven, electric-powered fleets that will greatly reduce operating costs through efficiency and safety upgrades. A recent entrant into the autonomous trucking race is Daimler, who announced in early June that they are beginning development of an electric semi-autonomous trailer truck with an aim to start mass production for the U.S. market by 2021.
As the Internet of Things (IoT) becomes a larger part of everyday life for both businesses and consumers, discussion has shifted to how IoT systems protect customer data. Firewalls, compliance engines, device authentication, and virtual private networks (VPNs) are integral components to cloud-based management platforms, and connected devices must be developed using a “secure by design” philosophy to protect against the theft or alteration of data through hacking, eavesdropping, and information leakage.
This July 4, a multitude of people will hit the highways, take a plane ride, hop on a boat, or take a train to connect with others to celebrate the biggest birthday of them all―ours!
More than 45 million people will travel at least 50 miles, creating travel nightmares that no amount of BBQ can justify. 68% of all fireworks injuries will occur on this day as some (or most) of the more than $300 million spent on fireworks will be deployed. Beer and wine consumption will hit new Independence Day highs. And more than $6.9b will be spent on food, with more than $43m, yes, millions, just on BBQ sauce.
An integral part of the Internet of Things (IoT) are the platforms and applications supporting IoT devices, and the demand for improved technology in these cloud-based systems is increasing. A report from Capacity Media projects that platforms and services supporting the devices will capture 68% of all IoT revenue opportunities by 2025.
The impending adoption of 5G comes at a time when both businesses and consumers are making strides toward greater connectivity. According to a report from the Global System for Mobile Communications Association (GSMA), 5G will be the lead mobile network technology in the United States by 2025―with 190 million mobile connections accounting for roughly half of the country’s total mobile connections. Once adopted, the low latency and Gigabit speeds of 5G will be instrumental in the further development of the Internet of Things (IoT).