Railways, buildings, bridges, and cars can now be managed, they can communicate and respond to environmental changes. More and more machines can interact with each other, so companies receive and manage massive amounts of new data every day. All these things have become possible due to the Internet of Things (IoT). The Internet of Things, was born with the appearance of low-cost data storage and advanced chipsets and will bring us a future where the Internet goes far beyond the common use of smartphones and computers.
The IoT has huge potential. According to the McKinsey Global Institute, it can add a total value to the global economy ranging from $2.7 trillion to $6.2 trillion every year up to 2025. The success of this new ecosystem will be dependent on having a reliable cloud infrastructure. More and more companies are seeking to integrate the current infrastructure to public and hybrid clouds. The correct cloud solution will enable companies to store and process all of the data of the IoT for future needs.
However, the implementation of IoT devices will cause new issues and problems that will need to be resolved according to the speed of transitioning businesses to cloud storages. Indeed, the size of the IoT sector creates a huge risk of external attacks because of the rapid spread of devices that are connected to each other. Such changes will bring potential problems to the IT industry.
Everything that is powered by a computer can be hacked or compromised by someone. Such vulnerabilities for these types of devices have already been reported in the press. Hacking of a smart TV, electronic droppers, pacemakers, automotive electronic systems, and other equipment could become a reality for people who are not following the trends and keeping current. The network is particularly vulnerable with trillions of connected devices.
In addition, a large part of devices that are not smartphones, laptops, or tablets cannot get automatic updates, and in many cases, the end user cannot update the firmware by themselves.
So, let’s identify the most important problems of the IoT that need to be solved:
- Standardization of protocols and interfaces:
This has been an eternal problem of IT for years. Try to remember how many problems appeared after the first attempts to standardize HTML and CSS.
- Vulnerability and other security issues:
It’s a small problem when a smartwatch has been hacked, but it’s a huge problem when this happens to portable pacemaker. Sadly, it’s unknown how many geeks will try to hack such devices “just for fun”. And can you imagine a botnet of millions of domestic devices? Imagine that at any one moment they begin to DDoS the server after a command from an intelligent toaster.
- Network collapse:
Today the networks are working stably with the current data flow, what will happen if the data flow increase by hundred times? Right now fiber-optic communication technology is keeping up with the data flow. But this technology has its limits and who knows when it will be reached.
- Data centers and computing power:
A rapid increase in data flow will create a problem of processing and storing data, which should be resolved by all data centers. Well, it’s not so bad, Google already keeps track of everything, doesn’t it? Nonetheless, we have such a definition as ‘data tsunami’.
So the solution for the problems of the IoT should be found within the IT industry. This means we’ll notice one more transitional period in the history of disruptive technologies.