BFC Bulletins Monthly News Digest
Tags IoT
The internet of things (IoT) is becoming more prominent in today’s society, and it shows no signs of slowing down. Here are 6 likely possibilities for what will happen with IoT technology in 2020.
- Becoming a part of more retail stores – IoT already powers numerous kinds of retail technologies. But many retailers are interested in incorporating virtual reality and augmented reality to make a much more immersive consumer experience.
- Bigger focus on IoT for accessibility – many smart cities incorporate IoT technology, leading some people to point out that IoT technology could help make places more accessible to everyone. In fact, a number of countries around the world are already testing IoT solutions to improve accessibility.
- Merging IoT technology with artificial intelligence – some analysts see the merging of IoT and artificial intelligence happening on a widespread scale soon. For example, Google already has autonomous data center technology that collects information from sensors and uses artificial intelligence to make decisions about how to maintain desirable conditions in the facility. That advancement alone has helped reduce Google’s cooling bill by 40%.
- Getting serious about IoT security – although many enterprises are hard at work beefing up their overall cybersecurity strategies, IoT devices often get overlooked. Hackers know that, and they often specifically orchestrate attacks on IoT devices. But, 2020 may be the year when businesses realize that they cannot continue to ignore IoT devices when coming up with cybersecurity strategies.
- Developing longer-range IoT networks – in September 2019, Amazon announced that it had developed a longer-range equivalent to existing Wi-Fi and Bluetooth networks. The company hopes third-party IoT providers will use it in their forthcoming gadgets.
- Propelling connected car advancements – as cars become more high-tech, people’s automobiles will present them with an enticing assortment of new features that would not be possible without IoT technology. Vehicles could become more secure, provide people with additional ways to enjoy media and give them better navigational assistance.
