>> 2014 RECAP - WHAT A YEAR IT HAS BEEN
2014 was definitely the year that placed IoT as a hot-spot on the technology map.
On August 11,
identified the Internet of Things had reached the peak of the hype cycle
of emerging technology landscape that resonated within the technology
industry with a number of new startups, standards, security concerns and
early adopter consumer products - set to approach the maturity plateau
within the next five to ten years.
The year has seen a number of great products introduced to the market,
covering wearable technology, home automation, education, monitoring,
smart cities and lifestyle - the majority via crowd funding campaigns
while others compliment existing technologies on the market.
It hasn't been all positive news however - the most talked about
issues in the IoT landscape have been around the
lack of standards
that simply have been overlooked and put in the "fix later" basket by
many product manufacturers; something we know is more difficult to fix
once products have already been released on the market.
We have also seen an explosion in the micro-controller and accessories
market; smaller, powerful and energy efficient to fuel innovation within
the space - it is no longer a hobbyist landscape where one much know how
to solder electronics together; ease of programming and putting things
together has been high on the list of innovation to get people on board.
2015 will be a critical year for IoT where companies will need to stop
being self focused and fight each other to make "land grabs" within
specific vertical markets; instead, it needs to be a year where they work
together in a non-biased way to standardize how the market will
evolve in the next few years - consolidation is key, but the chances of
it happening are slim.
Another critical area will be security - just throwing more
processing power and resources
isn't going to be the solution; there is more to
security than encryption and guidelines will need to be developed to
deal with confidentiality, authentication, integrity and non-repudiation.
In September; I participated in an online chat about IoT security hosted
by Cisco on
In addition; there will need to be a mechanism in place to retrofit any
existing products that will quickly become vulnerable end points to future
deployments - or simply phase them into being obsolete and ready for the
garbage tip as being too early, too soon; this includes the likes of
(purchased by Google) and many wearable technologies.
I am looking forward to seeing where this space moves and how it
matures over time - there will be more focus on integrating technologies
with end users; where the development of
will be high on the list for IoT; something the team and I at
have already been developing a solution for - which has seen substantial
growth in use recently.
Stay tuned for reporting on more cool things in the new year as it happens.