Get Ready for IoT by Taking 3 Essential Steps


(Image: one photo/Shutterstock)

(Image: one photo/Shutterstock)

In the early 1990s, the general public made its earliest forays into using the Internet. At the time, no one could have imagined where the technology would lead. Social media, e-commerce, mobile apps, cloud computing, software as a service -- the list is endless. Entire classes of applications -- even industries -- were not even a gleam in their creators' eyes. Today these internet-based technologies have transformed the way we live and work.

Fast-forward more than 25 years. We are at a similar stage in the latest iteration of the internet -- the Internet of Things (IoT). Pundits of all stripes predict that the IoT will change everything. Connected cars. Better patient monitoring devices. Industrial machines that track their own maintenance requirements. Intelligent street lights. Everything will be connected.

As with the original internet, we have no idea where the IoT will take us. And before we see the full impact of the predicted and unforeseen advances, we will need to remove significant technical obstacles, notably security and lack of standards.

Still, despite the roadblocks, companies that get ahead of the IoT curve will undoubtedly benefit from a lasting competitive advantage as they forge new markets. So what can your company do today to prepare for the future of IoT? The following are the top three best practices:

[Read the rest of the article at InformationWeek]

Oliver Schabenberger, EVP, Chief Technology Officer, and head of R&D at SAS

Oliver Schabenberger is Executive Vice President, Chief Technology Officer, and head of R&D at SAS.

Get Ready for IoT by Taking 3 Essential Steps

To prepare for IoT, companies need to take advantage of big data and advanced analytics, and adapt their culture, so they are ready for the transformation.


Re: Advantage
  • 6/29/2017 1:33:27 PM
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The same way that the proliferation of IoT was not forseen, the same way security and privacy exposures were not anticipated as well. True that not much consideration was given early on by developers and users. so as is usually is the case, reactive measures have to come to bear through regulations and liability exposure. Work in progress, guided by a dim flashlight.

Re: Advantage
  • 6/29/2017 9:39:36 AM
NO RATINGS

Yes, IoT has certainly a lot of future capabilities, some known and some yet to be dreamed of. History has shown that predictions in the near term are usually underestimated in the changes to come while long term predictions are usually overestimated. So, it will be interesting to watch what happend as we get ready for the next few years of IoT developments and how consumer and industry will put the technology to use. 

Re: Advantage
  • 6/26/2017 8:24:58 AM
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That is really good advice.

Re: Advantage
  • 6/25/2017 10:43:08 PM
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..

Tomsg writes

I agree that the IoT will bring great advantages as we really learn to use it and leverage the benefits. My key concern is the vulnerability we pick up as more things are connected. We need to find good ways to ensure security before we plunge too deeply.

... So to "Get Ready for IoT" I would add an essential 4th step: Put in place a top-notch, first-class, crack cybersecurity operation.

..

Re: Advantage
  • 6/25/2017 9:52:48 PM
NO RATINGS

Tomsg, I agree with you. My point only was that waiting for bad actors to get weeded out by consumers and the market won't work. Regulation is needed.

IoT ? Are You Ready ? No Yet For All ....
  • 6/24/2017 10:17:59 PM
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Mr. Schabenberger I enjoyed your breakdown of what many might consider the newest frontier in analysis as it relates to the World we live in today. Of course we all understand data is everwhere, but I think we have been focusing here at A2 on getting companies comfortable with becoming data driven and to use Analytics to find the optimal competitive edge.

It has been no easy task and of course this issue is still a work in continual process. But you are concerned with the next phase the phase that beginners probably should not concern themselves with at the momment - just be aware.

I like the three essential steps you recommend when it comes to taking on this vast area of analysis termed IoT. My question is what real-time tools do you recommend to use once a company has reached the third stage of Acting on the Data ?

Re: Advantage
  • 6/24/2017 9:56:17 AM
NO RATINGS

That may be true, but opeing the bag wider and allowing more cats out is not a good idea. We need to start taking action now to at least contain the problem.

Re: Advantage
  • 6/24/2017 9:13:11 AM
NO RATINGS

tomsg, that cat is already out of the bag. We are already plugged in, and we are already defenseless, either through careless of the developers, their inability, or probably in certain cases, their intention to leave back doors open for nefarious purposes (to sap our data). Free marketers will say that this will force consumers to choose between safer IoT devices and systems, but it takes an educated consumer and honest discussion in the market for the free market to then weed out the insecure.

Advantage
  • 6/23/2017 9:46:19 AM
NO RATINGS

I agree that the IoT will bring great advantages as we really learn to use it and leverage the benefits. My key concern is the vulnerability we pick up as more things are connected. We need to find good ways to ensure security before we plunge too deeply.

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