Thingsdata describes five trends in the field of IOT in the future. IOT creates challenges and opportunities for organizations. The question, however, is how you deal with this as an organization: do you ignore it or do you apply the technology?
1. ESG remains important in business
More and more organizations are introducing an ESG program or initiative to reduce their carbon footprint. ESG stands for Environment, Social and Governance. These are also the sustainability indicators of an organization. The ESG score is decisive for investors.
The Internet of Things makes data transparent, as IOT devices continuously provide real-time data. When this is used in combination with Machine Learning, devices can function more efficiently. The most efficient control is predicted and implemented. This allows organizations to optimize products and/or services, thereby reducing the carbon footprint.
2. More and more devices are supported with satellite connectivity
Previously, a satellite connection was a luxury, but nowadays more and more devices use this connection, if necessary. In general, countries have good mobile connectivity, but in some remote areas a satellite connection is still crucial. More and more satellite networks are currently being launched and equipped with 3GPP technology. As a result, both forms of connection will be complementary to each other. This provides support for mobile connectivity. This will reduce the necessity of standard IOT networks and therefore the overload of the network. All in all, a shift is taking place on the mobile (cellular) communications side, with new technological developments and adjustments to respond to the emergence of alternative connections, such as satellite connections.
3. Shift in types of SIM cards
As you may already know, physical SIM cards are increasingly being replaced by eSIMs. There are several reasons for this switch. By integrating eSIMs, manufacturers’ carbon footprint decreases. This significantly reduces the production of physical SIM cards. In addition, SIM cards no longer need to be placed in the devices. This simplifies the design and production process, reducing overall costs. In addition, the eSIM also offers better physical security than the standard SIM card, as the eSIM cannot be removed manually.
4. Security remains an important item on the agenda of organizations
Cyber security remains crucial within organizations every year. This year, more and more applications of Artificial Intelligence (AI) and Machine Learning (ML) have become available to us. The disadvantage of this is that people can carry out more efficient and perhaps more effective cyber attacks. Generative Programmable language models such as Chatgpt lower the threshold for creating effective malware. Finally, changing privacy laws and regulations may require new approaches to products, procedures or business models. That is why organizations must have insight into how personal and sensitive data is collected and used.
5. Managed service providers want to solve skills shortages
The technical labor market is changing enormously. Organizations are reducing their workforce to save costs. The exodus of IT professionals creates knowledge gaps that need to be addressed. The managed service providers (MSPs) respond to this by offering expertise as a service (EAAS) in a desired field. This allows organizations to shift their focus to their most important objectives, while the MSPs fill the technology gaps. This saves the company the costs of technical personnel and continuous training.
Nowadays it is also possible to purchase hardware as a service from various organizations. This means that the hardware is leased for a certain term. Thingsdata also facilitates this service. This can have a number of advantages for organizations:
- No high investment costs are required;
- Free replacement of the hardware in the event of a defect;
- Lower workload for the IT department;
- Insight into costs that makes budgeting easier;
- Scaling up and down is very easy.
2024 will be a very interesting year for IOT
More and more organizations will use Internet of Things, AI and ML more often and integrate them into business activities to optimize processes. A right balance must be found between security and privacy. The MSPs continue to respond to the knowledge that is lacking within organizations by offering expertise-as-a-service. In addition, hardware as a service is also facilitated by various organizations.
For more information about hardware as a service, please contact us via telephone number 085-0443500 or by email to info@thingsdata.com.