The Internet of Things (IoT) has already become a big part of how people live, communicate and do business. Globally, web-enabled devices make our world a habitable place to live.

There are still many challenges to widespread IoT acceptance and a secure, functional device network.

From security challenges to high customer risk risks, these five factors are a major concern for the growth and development of the Internet of Things. Winning will be the key to building lasting productivity and prosperity through this amazing technology.

1. Security

Ask any security expert about the 21st century heads and they may be bringing in IoT devices. The reason? In terms of cyber security, IoT devices greatly increase the “attack area,” or the number of potential cyber criminals to gain access to a secure network .Cybercriminals don’t have to break the plastic space of the IoT device to access sensitive objects. They can simply fine-tune their way through one of the many security problems found throughout IoT. Many IoT devices with default passwords are left unchanged, uninstalled software and other serious security risks.

2. Regulation

Another common feature of new technologies is that state law often takes a long time to acquire the current state of technology. With the fast-paced daily occurrence of IoT, the government is taking its time to catch up and businesses are often left without the important information they need to make decisions. The lack of strict IoT regulations is a big part of why IoT remains a major security risk, and the problem could be even worse as the potential attack area could include more important devices. When medical devices, cars, and toys are all connected to the Internet, it is not difficult to imagine the many disasters that can occur in the absence of adequate law enforcement.

3. Compatibility

New technological waves often enter the mainstream of competitors trying to gain market share, and IoT certainly is not. This can be good news, as competition creates increased consumer preferences, but it can also create complications for compliance. Home networks are one area where the problem of compatibility is approaching. Bluetooth has long been a compatible medium for IoT devices

4. Bandwidth

Communication is a bigger challenge for IoT than you might expect. As the size of the IoT market grows exponentially, some experts are concerned that high-bandwidth IoT systems such as video streaming will soon compete for space in the current IoT customer model. That’s because the client-client model uses a centralized server to verify and direct traffic to IoT networks. However, as more and more devices become connected to these networks, they are constantly struggling to carry the load.

5. Customer expectations

It is often said that it is better to promise less and move on. Many IoT manufacturers have learned the hard way; IoT startups often fail and leave customers confused behind. When customer expectations and product reality are not the same, the consequences can be systemic failure, orphan technology and lost productivity.

solution

Simplify the planning and management of Internet of Things

While the Internet of Things promises many compelling results, IT needs to be aware of the issues surrounding asset infrastructure, new security risks, and increasingly complex threats to systems. Specifically:

• Asset networks are overloaded as IoT devices generate additional data and traffic. In addition, protecting and managing networks is not easy when routing-by-router and using multiple management tools.
• Limited visibility in device and system communication. IT strives to map new networks that include IoT infrastructure while maintaining compliance as topologies continue to grow.
• Managing explosive,data growth. IoT applications should be able to access and analyze real-time data, but such data should always be protected from extinction and loss.

Make IoT networks more intelligent through cloud communication

IT leaders must replace traditional, device networks to suit business needs while ensuring consistent, reliable communication across all IoT deployments.

New technologies such as WAN-defined software (SD-WAN) meet the challenge of making networks more intelligent, while demonstrating the robustness and efficiency of the cloud.

Make sure the computer is fast and awesome

Organizations need flexibility to handle IoT applications and data based on business objectives – not technical limitations.

Strong data and network security

Companies need to handle IoT data on the edges without compromising security, and they also need to tighten network perimeters without sacrificing selfishness.

1. New business opportunities

IoT can give you the ability to collect data over the network and use advanced analytics to get information and business opportunities, and reduce operating costs. Example: Select a sample of data about your top customers and key processes that support those customers. Divide what you can gather to form the first foundation. See how customers request your services and your general response. Do you just respond to requests, or by tapping IoT data, can you create new revenue growth opportunities?

2. New ability to predict and perform

An important opportunity is the ability to predict needs before they occur and act accurately based on data from the IoT network. The data collected can be used to create historical patterns that predict and put you in front of problems before they occur. For example, manufacturer’s warranty and maintenance details may be combined with data collected by IoT to predict maintenance events. You may have the opportunity to provide customers with a value-added service.

3. Improve monitoring

With IoT, sensors and smart devices provide the power to manage a material network. Consider monitoring the many network components and infrastructure used by you and your customers. The data you collect from the monitor on the site may be updated with information about the hardware version, firmware version and location. Go beyond sensor data and see how that data is captured and transmitted, such as time stamps and error logs to improve network performance.

4. Enlarge the customer box

All of this new information provides opportunities to increase the level of conversation and customer communication. Think about your monthly income. Most likely, it gives you an estimate of what you can expect to pay in the next few months. Use that example and work with your marketing and business development partners to translate the IoT data you download into into models that will increase customer chat, trust and retention.