Five IoT predictions you need to know for 2020

If you’re planning on implementing IoT into your business in 2020, here are some key predictions that you should be aware of...

Mike Mead

14/01/2020

As the technology landscape continues to evolve, one of the most exciting new innovations in the space has been the rise of IoT technology. The Internet of Things brings together people, processes, and data, in a way that allows for greater productivity, efficiency, and simplicity.

Although the Internet of Things has come a long way in recent years, there’s a good chance that this landscape will become even more impressive in the months to come, driven by the arrival of artificial intelligence, 5G, and more.

If you’re planning on implementing IoT into your business in 2020, here are some crucial IoT predictions that you should be aware of.

1.   5G will enhance IoT

Like IoT, 5G is another thrilling technological evolution that has made a huge difference to the technology landscape lately. 5G is the next generation of mobile connectivity, promising not just faster connection speeds, but also reduced latency too.

5G has the potential to change a lot of things in the modern landscape, including the IoT environment. The success of any connected device is tied to its performance, and how quickly it can communicate with other devices. 5G will allow for the transfer of data at speeds up to 10 times faster than you can get from current LTE networks. IoT devices will be able to speak to each other almost in real time.

2.   Private networks will begin to address security issues

IoT is one of the major components of the growing mobility trend in the current marketplace. Today’s businesses are relying more heavily on devices that can communicate freely when teams are moving around the office, or even outside of the company’s walls. However, mobile tools have also brought new threats to the network.

Like BYOD mobile systems and smartphone strategies, IoT also presents opportunities for criminals to tap into gaps in your network security and access your data. That’s why companies are beginning to spend more time and money on finding the right enterprise mobility management and protection tools. Some organisations are even beginning to use private networks to control IoT devices. Private networks allow organisations to isolate IoT tools from external threats and reduce cost at the same time.

3.   New disaster strategies will be crucial

As the increase of connected devices in the modern landscape accelerates, the number of potential opportunities for data breaches goes up. Unfortunately, while IoT is valuable, it also creates vulnerability, by creating doorways and pathways for data to travel through. If devices weren’t connected, criminals couldn’t get into them.

Many 2020 IoT predictions suggest that businesses will need to have a plan in place for how they can defend their enterprise devices from breaches. Designers will need to work closely with security teams when building connected devices too. This will help to reduce the risk of future attacks.

Additionally, IoT predictions also suggest that companies will need to put plans in place for what they can do when they recognise an attack on their network. A good data backup and recovery plan can be essential to protecting your business.

4.   IoT and AI will grow more closely connected

As we move into 2020, there’s a good chance that IoT strategies in the business landscape will become increasingly intelligent. IoT connects devices, processes, and people, allowing for a larger amount of relevant data to be captured from numerous environments.

While collecting extra data is fine, that information can’t become useful until companies discover a way to tap into the technology and pull out relevant insights or actionable information. Since the amount of data an IoT system can collect would be practically impossible to process manually, AI solutions will need to step in.

Intelligent solutions will allow companies to access data processing solutions that allow them to use IoT information to transform their landscape.

5.   New training may be necessary

Finally, as IoT continues to gain more popularity, businesses of all sizes will need to think about how they can prepare their business for the proliferation of connected tools. Part of the process will involve a careful consideration of security strategies. At the same time, many businesses may benefit from working with companies like Nice Network to pinpoints areas in their organisation that can benefit from IoT.

One of the most likely requirements to appear alongside this year’s 2020 IoT predictions, however, is the demand for more training. Companies will need to ensure that their team members are ready to take advantage of the changing IoT landscape. It will be important to ensure that employers have policies in place for how to guide their teams through an IoT implementation.

If you’re ready to start exploring the benefits of IoT in 2020, contact Nice Network today!