Study: Enterprises not prioritising PKI security for IoT

2019 global encryption study

IoT is one of the fastest growing trends in technology today, yet enterprises are leaving themselves vulnerable to dangerous cyberattacks by failing to prioritize PKI (public key infrastructure) security, according to new research from nCipher Security, an Entrust Datacard company. The 2019 Global PKI and IoT Trends Study, conducted by research firm the Ponemon Institute and sponsored by nCipher Security, is based on feedback from more than 1,800 IT security practitioners in 14 countries/regions, including the UAE and Saudi Arabia in the Middle East. According to the study, 56 per…

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Enterprise, automotive IoT to grow 5.8 billion endpoints in 2020

automotive IoT

The enterprise and automotive Internet of Things (IoT) market will grow to 5.8 billion endpoints in 2020, a 21 per cent increase from 2019, according to a forecast by Gartner, a leading research and advisory company. By the end of 2019, 4.8 billion endpoints are expected to be in use, up 21.5 per cent from 2018, said a statement. Utilities will be the highest user of IoT endpoints, totalling 1.17 billion endpoints in 2019, and increasing 17 per cent in 2020 to reach 1.37 billion endpoints. Peter Middleton, senior research…

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ABB creates intelligent football stadium for FK Austria

FK Austria

ABB, a technology provider, was appointed to transform the Generali Arena, originally built in 1925, into an intelligent, future proofed venue that incorporates the latest in smart building technology and energy efficient power distribution, so that it is more intuitive to control and better suited to the needs of visitors. These IoT solutions are part of the unified, cross-industry digital offering, ABB Ability, which extends from device to edge to cloud and combines deep domain expertise with unmatched proficiency in web-enabled connectivity to optimise operational performance and efficiency. This is…

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Software AG received highest use case scores by Gartner for Industrial IoT platforms report

Software AG received highest use case scores

Software AG announced that Gartner, Inc., in its new Critical Capabilities for Industrial IoT Platforms report1, has given Software AG the highest score in every use case in the report – Monitoring Use Case, Predictive Analytics for Equipment Use Case, and Connected Industrial Assets Use Case for its IoT Platform Cumulocity IoT. “The research is intended to help organizations shortlist vendors that match their IIoT platform requirements,” says Gartner. ”It evaluates vendor effectiveness in supporting enterprise needs in three use cases: monitoring, predictive analytics for equipment and connected industrial assets.”…

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Berg Insight says 18mn North Americans used connected care solutions in 2018

Berg Insight connected care solutions

A new report from the IoT analyst firm Berg Insight has found that around 18.0 million people in North America were using connected care solutions at the end of 2018.The figure refers to users of medical alert systems, connected medication management solutions and remote patient monitoring (RPM) solutions in Canada and the US. RPM is the largest and most mature segment having a total of 16.1 million users at the end of 2018. The market for medical alert systems is considerably smaller with an estimated total of 3.1 million users,…

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Global digital twin market size to exceed $20bn by 2025

Global digital twin market

Digital Twin Market size is set to exceed US $20 billion (€17 billion) by 2025; according to a new research report by Global Market Insights, Inc. The digital twin market growth is attributed to the increasing adoption of the IoT and IIoT and the rapidly growing digitalisation in manufacturing, automotive, and healthcare industries. The continuously rising adoption of the IoT that is empowered & backed by 3D simulation, deep learning, Artificial Intelligence (AI), and big data analytics will help in the cost-effective implementation of digital twin in aerospace & defense,…

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Water utilities forecast to propel growth with global smart meter revenue to reach US$14bn by 2026

Water IoT

Water and gas meter shipments will see double-digit revenue growth over the next five years. If this market forecast comes true it will be welcome news in a market where smart electricity shipments are contracting and greatly slowing growth of overall revenues across the entire metering segment. According to ABI Research, energy and water utility meter installations will result in annual shipments of 151 million smart meters in 2018 and will grow at a compound annual growth rate (CAGR) of 3.2% to reach 193 million units by 2026. The figures…

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IoT world study: cybersecurity, scaling, implementation

IoT study

Internet of Things World, the world’s largest and most comprehensive IoT conference and expo, released findings from its latest survey of more than 100 IoT decision makers on a variety of concerns related to scaling, implementation, cybersecurity, and blockchain. These findings come at an especially important time for IoT strategy and deployment in the industry. “We have reached an inflection point where IoT is starting to accelerate to commercial mass scaling from the POC experimentation stage, so it’s imperative for organizations to have a coherent IoT deployment strategy and not…

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SURE Universal predicts telcos will take over IoT

SURE

As the IoT continues its explosive global growth, “smart” hardware devices have been taking up all the media headlines. However, smart devices are only as valuable as the software that runs them. The smart money is migrating to software, recognizing the benefits and services software brings to consumers, and the business opportunities it creates for vendors. “The IoT can’t reach its potential without a standard-based solution and a sustainable economic model,” says Viktor Ariel, PhD, Founder and CEO of SURE Universal, makers of the first universal software platform for IoT…

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Skills shortage in agritech sector holding back IoT innovation (Inmarsat)

Inmarsat-Agritech

The potential for Internet of Things (IoT) technology to drive innovation, efficiency, and increased productivity in the agricultural sector is at risk, as agritech businesses must urgently upskill current employees and embark on recruitment drives to ensure they have the capabilities to deliver the technology. According to independent research commissioned by Inmarsat, while the vast majority of agritech companies are moving towards IoT, a significant proportion lack the staff and skills needed to take advantage of the technology. Market research specialist Vanson Bourne interviewed respondents from 100 large agritech businesses…

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7 New Year’s resolutions for the Internet of Things – Analysis

Fireworks

The New Year is traditionally a time for taking stock and, for some, committing to focus on improvements to our lives in the form of resolutions. The IoT could stand some improvement, too – so here are just 7 resolutions that the IoT industry might think of making for 2018. #1 – Develop enough humility for interoperability The IoT is still young and this means that standards, protocols, network functions and all points of interconnectivity may still be forming. All vendors need to exhibit enough humility to appreciate and perceive…

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Analysis: Energy harvesting holds out promise of ‘self-powered’ IoT

As we look forwards to 2018, energy harvesting technologies look set to solve one of IoT’s greatest challenges: power supply. The millions of tiny sensors and meters that make up the IoT all need power. In many cases, they require batteries that must be purchased, maintained and disposed of if they are to continue to measure location, temperature, humidity, gas flow, vibration and so on in IoT applications ranging from smart buildings to precision agriculture. If predictions are correct, the number of sensors worldwide looks set race past the one…

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Cisco survey finds divide between IoT Value

Cisco has announced the findings of its first IoT Value/Trust Paradox report, based on a survey of 3000 consumers, designed to provide businesses with actionable insights on how to increase consumer confidence in and adoption of Internet of Things (IoT) services. The survey results show that, while most consumers believe IoT services deliver significant value for them, very few understand or trust how their IoT data is being managed and used. This conclusion has revealed an interesting paradox: despite their lack of trust in IoT data security, consumers on the…

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IoT Council co-chair provides 2018 IoT predictions

Coming to an IoT deployment near you: blockchain, fewer generic IoT platform options and a growing role for data governance, according to an exec’s IoT predictions. Last year, Don DeLoach sat down to predict what trends would characterize the Internet of Things in 2017. A board member of Centri, an advisory board member of Microshare and the co-chair of the Midwest IoT Council, DeLoach foresaw that machine-learning-driven IoT deployments would gain market momentum in general and in healthcare in particular. He foresaw an expanding role from drones for non-consumer applications…

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23 billion IoT devices to live in connected spaces

Irdeto, the world leader in digital platform security, and global analyst firm, Frost & Sullivan,have published a new whitepaper outlining that more than half of the 45.4 billion IoT devices expected to be in use by 2023 will be implemented in connected spaces, including homes, buildings and cities. While IoT plays a significant role in shaping the future of connected spaces, the successful transformation of connected homes, buildings and cities is dependent upon simple, frictionless and dynamic security. Security Essentials for IoT Deployments in Connected Spaces examines IoT cybersecurity challenges…

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