Overcoming Key Challenges in the Internet of Things
Trend

Overcoming Key Challenges in the Internet of Things

Today, the Internet of Things is still a hot topic in many industries. Emphasizing the benefits of adopting this technology, Fortune Business Insights estimates that by 2026, the global Internet of Things market will reach 1102.6 billion US dollars.
Published: Jun 09, 2023
Overcoming Key Challenges in the Internet of Things

The Era of Popularization of the Internet of Things

The Internet of Things (IoT) is one of the most popular innovative technologies at present, and IoT-related start-ups have sprung up constantly, striving for media exposure focus on technology products or opportunities for corporate fundraising and M&A. Not only high-tech start-up companies have a soft spot for IoT technology, but traditional industries are also trying to catch up with this wave of IoT boom, and traditional industries are looking forward to introducing innovative applications of IoT to create a new generation of industrial automation development. However, under this wave of IoT boom, many problems arising from IoT technologies have also emerged. These problems not only test the innovation of the Internet of Things technology but also pose a considerable challenge to the development of the Internet of Things in other broad fields.

However, the industry faces various obstacles in its adoption and implementation. The main challenges include the following:

  • Safety

    The Internet of Things has become a major security issue, and leading technology companies and governments around the world are working hard to find the right solution. As technology connects more devices, the risk of malware will increase. News about the hacking of smart refrigerators, baby monitors, thermostats, and cameras has become a normal phenomenon. One of the main reasons behind the insecure state of the Internet of Things is the rate at which each supplier tries to introduce new connected devices before competitors without paying attention to product security. "People have reasonable concerns about security: in simple terms, the smarter devices and sensors you connect to the Internet, the greater the likelihood that hackers will find access to sensitive systems."

    Information security is the first concern of the online community. We understand that by adding more Internet-connected devices, the risk of information security will increase relatively. Although the growth rate of the Internet in the past has been surprising (increased to 2 billion online devices in 30 years), it is still far below the expected growth rate of IoT products (up to 50 billion online devices in 5 years). We have to re-examine the degree of impact on information security under the highly expanded Internet. A poorly designed IoT device may cause user data to be stolen by exposure to unprotected information streams. If this device is a medical IoT device related to health and safety, the risks derived from it are even greater. Many IoT deployment scenarios often connect many IoT devices that are identical or nearly the same, such as IoT applications such as smart cities or smart meters. If any single IoT device discovers a security hole afterward, due to a large number of connected IoT devices, the cascading effect of security holes caused by the same configuration has a great impact on information security. When deploying large-scale IoT networks, the trade-off between security and cost requires more careful evaluation.

  • Data protection and privacy

    The use of Internet of Things technology may lead to the invasion of public spaces and is used to track normative behavior to obtain economic benefits. "There is simply no way to predict how these huge forces will be used-too much accumulation in the hands of companies looking for financial advantages, and the government is eager to gain more control-will be used. The opportunity is big data, as we become more opaque Companies and government agencies are becoming more transparent, and the Internet of Things will make it more difficult for us to control our lives."

    In terms of protecting personal privacy, the challenges facing the Internet of Things are special. Many IoT scenarios go beyond personal data protection. When IoT devices are integrated with the living environment around us, we may not even know that we are using these IoT devices. Consumer IoT devices are becoming more and more widespread, such as mobile phone positioning functions, car positioning devices, or smart TVs. Some smart TVs have voice control and even eyeball control functions. Device interaction functions send data to cloud services for processing. Cloud services are likely to be provided by third parties. Such data collection also poses challenges to data protection and privacy-related regulations.

  • Safety

    It should also be noted that, like many other systems, IoT systems are also susceptible to devise or communication failures, wrong applications, or unpredictable adverse application interactions. These vulnerabilities can lead to dangerous and unsafe physical events, such as malware instructing the device to "open the entrance door when no one is at home".

    Besides, many IoT scenarios involve cross-border or global equipment installation and data collection activities. Which data protection model can be applied to such a wide range of scenarios is quite doubtful? We want to make full use of the opportunities and value of the IoT, For the planning of the Internet of Things, we cannot simply consider technology and services, but more importantly, we must respect personal choices for privacy.

  • Lack of clear value proposition and interoperability

    Industry experts say that although many companies find the potential of the Internet of Things very attractive, they either lack a clear value proposition for end-users or lack interoperability.

    Although the Internet of Things emphasizes technological innovation, the difficulties encountered by the Internet of Things in the technical field are no less than in other fields. The biggest technical defect of the Internet of Things lies in the lack of technical standards and best practices, which will be a great obstacle to the development of the Internet of Things. Technical standards are an important basis for software design. Technical standards guide software behavior to a considerable extent. Hardware manufacturers lack technical standards. Designers can only design products based on intuitive experience, and cannot understand the impact of installing this device on the Internet. If it is a poorly designed IoT product, such an IoT device is loaded on the network, which will consume online network resources or even consume global network resources and have a negative impact.

  • Connectivity

    Many companies may not be able to connect all the data and process it efficiently. As the number of connected systems and devices increases, companies deploying IoT solutions will have to deal with large data sets. Such a large amount of data will make it difficult to focus on truly valuable information.

    The key factors for the success of IoT small consumer electronics products are low prices and the speed with which products are introduced. From another aspect, the large-scale installation of IoT small electronic products requires holistic evaluation planning, standardized setting tools, standardized interfaces, and IPv6 networking requirements. These two departures from the facets inherently create a dilemma in the design of IoT products. It will be a great test for IoT products to find viable market positioning and opportunities in these two inconsistent facets.

  • Regulatory standards

    Regulatory standards on IoT technology still lack transparency. The industry needs clear guidelines on who can access the data collected by IoT devices, how to sell this data to third parties, and how to create new services and products.

    The issues faced by the Internet of Things in the field of regulations and laws are equally difficult. The legal issues involved in the Internet of Things include information flows across borders, conflicts between surveillance devices and human rights that are implemented according to law, data retention and destruction policies, legal liability for unintentional use, security breaches, or privacy violations. On the whole, the development speed of the Internet of Things technology far exceeds the relevant policy and regulatory environment. The analysis of the regulations of the Internet of Things has gradually been reviewed towards a technology-neutral legal point of view, to avoid unfair or deceptive behavior of the Internet of Things to consumers.

    The wide range of challenges facing the Internet of Things is not unique to advanced countries. Many emerging and developing countries have great expectations for the Internet of Things innovation to improve society and the economy. 38% of the annual economy of developing countries or regions will be affected by the Internet of Things application services. These regions must also bear the challenges brought by the Internet of Things. They also need to formulate IoT policy requirements, fully understand market readiness, and build technical expertise to fully realize the potential benefits of the Internet of Things.

How to Deal with These Challenges?

According to ancient proverbs, it is a warning. Companies can concentrate on learning how to overcome the above obstacles to surpass competitors who lack this knowledge. By understanding the barriers to IoT adoption, they will be able to avoid security issues and additional costs associated with the implementation of new technologies. Companies can also hire third-party experts to help deploy IoT solutions that are compatible with older devices.

Published by Jun 09, 2023 Source :iottechexpo, Source :kknews

Further reading

You might also be interested in ...

Headline
Trend
Refining the Essence: Three Fundamental Pillars of Smart Industrial Manufacturing
The conventional manufacturing sector stands at a crossroads necessitating a shift towards intelligent transformation. By incorporating advanced production technologies, a new era of industrial development is inaugurated.
Headline
Trend
The Role of Artificial Intelligence in Autonomous Vehicles
Utilizing machine learning and neural networks, artificial intelligence (AI) plays a crucial role in enabling the autonomous operation of self-driving cars. These vehicles leverage a combination of sensors, cameras, radar, and AI to navigate between destinations without the need for human intervention. For a car to be considered fully autonomous, it should demonstrate the capability to independently navigate predetermined routes without human input, even on roads that have not been specifically modified for autonomous vehicle use.
Headline
Trend
Worldwide Bicycle and Electric Bicycle Market Overview
The global increase in environmental consciousness has resulted in a shift for bicycles from primarily sporting and recreational roles to becoming popular modes of commuting. Notably, the rising adoption of electric bicycles is driven by factors such as an aging population, contributing to a significant upsurge in the global production of electric bicycles in recent years.
Headline
Trend
Opportunities and Trends in the Application of 5G in Smart Grids
In recent years, developed nations have initiated comprehensive power grid upgrade initiatives. In line with its commitment to energy conservation and carbon reduction policies, Taiwan has advanced the implementation of Automated Metering Infrastructure (AMI) as part of its national energy-saving strategy. The plan encompasses the integration of 4G/5G and other communication industries. The noteworthy progress in the development and integration of smart grid applications with 5G communication technology represents a significant industrial advancement deserving of attention.
Headline
Trend
Confronting the Era of Digital Advancement, Facial Recognition Technology Has Enhanced
Recently, there has been widespread discussion about Artificial Intelligence, Machine Learning, Deep Learning, and Big Data. These technologies find application in various domains such as the financial industry, logistics, business analysis, unmanned vehicles, computer vision, natural language processing, and more, permeating every facet of daily life.
Headline
Trend
The Arrival of 5G Technology Marks a Shift in Business Transformation, Redefining Innovations in the Manufacturing Sector
5G is recognized as a key enabler of Industry 4.0. With its high network speed and low power consumption, 5G facilitates the connectivity of every sensor in the upcoming unmanned factory to the cloud. This connectivity allows for the extraction of data for analysis, ultimately fueling advancements in artificial intelligence.
Headline
Trend
How Can Humans Collaborate with Robots in a Work Environment?
The integration of collaborative robots into production has become a pivotal element in the manufacturing chain, enhancing overall production efficiency. These compact collaborative industrial robots are designed to operate in confined spaces, addressing challenges posed by limited working spaces.
Headline
Trend
Can 3D Printing Be Applied in the Die and Mold Industry?
As the utilization of 3D printing expands across the broader spectrum of industrial manufacturing, the significance of this technology extends beyond its role as a rapid prototyping tool. This article provides an overview of the applications of 3D printing in the fabrication of molds and dies for processes such as injection molding and die casting.
Headline
Trend
Tooling 4.0: Bridging Industry 4.0 with Mold Manufacturing for the Future
Are you familiar with the latest terminology related to Tooling 4.0? In this article, we'll offer an overview and examples that can help manufacturers understand and align with this evolving concept. Tooling 4.0 revolves around leveraging technology to transform 'inefficient' products into 'intelligent' ones.
Headline
Trend
Industry 4.0 Propels the Global Industrial Market Towards Automation
In the present day, conventional industries are blending Internet of Things technology to drive the evolution of Industry 4.0 and the advancement of smart manufacturing.
Headline
Trend
The Essence of Additive Manufacturing
Additive manufacturing is playing an increasingly important role in the manufacturing industry and is mainly used in toolmaking and prototype construction.
Headline
Trend
Exploring the Concept of Advanced Manufacturing
Advanced manufacturing is the use of innovative technologies to improve products or production processes. Related technologies are called "advanced", "innovative" or "frontier". Advanced manufacturing technology is gradually maturing, integrating innovative technology into products and manufacturing processes to enhance competitiveness and increase value.
Agree