Johannesburg, 14 Aug 2017
Thanks to the Internet of things (IOT), digitisation will soon become tangible - taking the form of connected "things" of all kinds. Technological advancements in the realm of hardware as well as the development of key technologies such as miniature RFID chips have paved the way for this new stage of digital transformation. In addition, the widespread introduction of 5G will lead to the exchange of mobile data at high speeds. For businesses, that is good news: not only can they become more agile and streamline their processes, this new infrastructure also enables them to develop and implement entirely new business models. The following five hypotheses elaborate on that.
IOT requires openness and security
The IOT will require open standards across all industries, which is why we advocate for transparent R&D work and support open platforms. We also work very closely with our global partner network to achieve that openness.1 However, IOT ecosystems that are based on interoperability and openness will also demand robust security. The higher the number of devices that are connected to a network, the greater the vulnerability for being hacked. With stricter penalties looming on the horizon, as the EU's General Data Protection Regulation (GDPR) will sharpen the consequences for data protection violations, it is imperative that every professional IOT solution be paired with a well-founded security concept that includes proactive security systems as well as robust security platforms.
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