What are the opportunities and challenges for the IoT?
The Internet of things (IoT) presents a huge opportunity to transform our lives for the better, with the potential to make an impact across society. Devices and software applications (apps) connected via the internet are becoming ever more an essential part of our lives - at home and at work.
These innovations, however, bring about their own challenges. A lack of industry alignment on standards and interoperability, and concerns over security and privacy are some of the most pressing issues. Manufacturers are looking for solutions to demonstrate their products are secure and cyber risks are minimized, whilst consumers demand products they can trust.