Most consumers are confident they can manage security around their connected devices. Most of the business professionals responsible for such things are not. There's a huge confidence gap in the security of Internet of Things devices between the average consumer and cyber security technology professionals, based on a wide-ranging global study by the Information Systems Audit and Control Association, known as ISACA
Consumers may or may not want a connected car, but at least many of them seem to know some of what it means. And to many of them, the connected feature most known about is roadside assistance, based on a new survey. The survey was of customers likely to buy a car in the next three years in the U.S., Germany, Brazil, Mexico and China. The study was jointly conducted by Ericsson and AT&T, both of which have major vested interests in the connected car game.
At first glance, I thought the recent introduction of a tiny robot that's also a smartphone was a joke. The RoboHon (that's robot and phone kind of mashed together) introduced by Sharp is a robot with a built-in camera, projector, LCD screen, microphone, speakers and is also an Android phone. It also includes facial and voice recognition technology and is coming out in Japan next year.
The fastest growing retailers may reap the early rewards from the Internet of Things. It's pretty obvious that larger companies can devote more raw resource to innovation and exploration of future capabilities that may either drive down costs or increase revenue. And the retailers that are growing the fastest believe that every component of their business stands to gain from next generation IoT technologies, according to recent research.
The majority of successful retailers expect the Internet of Things to drastically change how companies do business. They also see beacons as high value for in-store customer communications, based on a new study. The majority (54%) of winning retailers, defined as those with sales growth above the average, say the Internet of Things will drastically change the way companies do business in the next three years, according to the research.
There are pockets of the Internet of Things. Attending the Xperience IoT Summit in Boston just a few days ago, I was in a room of several hundred people from various parts of the country all focused on the Internet of Things for their business. There were forward thinking presentations and demonstrations of IoT products either in or soon to be in the marketplace.The attendees there totally got IoT.
Almost everything is going to be on the Net. Well, not literally everything, but essentially most anything that has an on-off switch. If it can be turned on and off, it has a good chance of becoming part of the Internet of Things. Within five years, 30 billion to 40 billion IoT devices will be in place, based in several forecasts.
There are some subtleties around the Internet of Things. One example is that connected objects and being connected are not the same thing. Connected objects on the network can collectively provide masses of data in real time. Some of the benefits can be large and obvious, such as sensors in a big building or expensive piece of machinery identifying required maintenance in advance.
Beer is entering the world of connected objects. Well, at least the home storage and tracking of beer supply, if not yet the actual beer itself. To go along with its National Football League sponsorship, Bud Light just introduced a connected fridge that tracks and provides real-time information, like the number of Bud Light cans and bottles inside and a countdown timer showing when the optimal temperature for drinking them is reached.
Among many other things, connected objects will allow consumers to buy things more easily. The Amazon Dash button introduced several months back is a good example of at least the start of this. The highly publicized buttons can be mounted pretty much anywhere, such as on a washing machine or near a coffee maker to remind a consumer to re-order supplies while in the context of using the particular device or appliance.