IoT_SmallThe findings of a recent study jointly carried out by security and network hardware company Cradlepoint and IT services company Spiceworks predict that the Internet of Things (IoT) will continue to experience rapid growth not only into 2018 but for the rest of the foreseeable future as well.

IoT at its core is simple, it’s all about devices over the internet being connected, allowing them talk to us, applications, and each other, in turn making our lives much easier. It was found that IoT is currently utilised by more than 30% of companies/organisations, with many planning to make use of it in the next calendar year.

IoT was mainly found to be implemented in the IT services and retail/wholesale industries but the survey found that others aren’t far behind with fields such as education and health looking to get involved. IoT security services were found to be the most popular use with 77% employing it, another 71% utilising IoT building-security components. The study also found that 51% of people believe the main IoT-related priority for employers next year will be cloud based hosting technologies, with another 47% claiming security will be the main investing point with this tech.

Despite the number of people who are behind an IoT future, there are still many who have concerns about it – with security being the biggest, as well as the reliability of IoT systems and the possible return on investment.

The study also found that the tech-savvy side of the business was more likely to be the ones to push for IoT adoption with them knowing more information about this compared with other staff members. To ease concerns, bringing in an expert to optimise IoT implementation and carefully consider whether existing network infrastructures can handle the addition of IoT is the best option.

The benefits of IoT, from improvements in services that use big data to new intelligent algorithms that can better predict and control many different objects such as traffic lights to heating in the home will continue to drive its deployment. With this, smart products will continue to expand and grow, which may end up resulting in smart cities – where communications, transportation and energy are all optimised by IoT systems to improve efficiency and convenience.

In the future, an immersive IoT could end up surprising us with completely new products and services that we can’t even imagine right now.

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