Page 6 - Cyber Defense eMagazine - January 2018

Lesser standardization and fragmentation will continue

We are becoming more dependent on digitally connected devices. The adoption of IoT
technology among human will be large, but be slow. The reason behind the slow speed
of adoption is lack of standardization.

Though industry leaders are putting immense efforts to create certain standards and
eliminate fragmentation, yet they are not succeeded. The chances are less for clear
standards development in near future as well.

What problems are faced by industry leaders for IoT standardization?

• Platform

• Connectivity

• Applications

These are the three issues industry leaders are facing for IoT standardization. This trio
is interlinked and they need all of them to make it work. Absence of one thing among
these three will break the model and standardization process remains incomplete.

More devices and more connectivity

The popularity of IoT in past 3 years has made it possible for developers to introduce
billions of interconnected devices. At the end of 2018, it is expected that the devices
number will at least double and may hit the 46 billion mark by 2021.

Benefits of using smart devices are-

• More Customer Engagement

• Increased visibility

• Streamline communication, such as chatbots

Better security hope

Security remains the major challenge with most technologies and is still a concern for
IoT industry. Since the world is getting hi-tech, cyber criminals are keen to target more
devices. The data security risk is just not limited to smartphones, but baby monitors,
wearables, wi-fi inbuilt cars, and medical devices are prone to be breached.

6 Cyber Defense eMagazine – January 2018 Edition
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