The Internet of Things (IoT) is a term that’s been floating around since 1999, but for much of that time, it seemed like little more than a buzzword. Over the years, a slew of IoT products have been introduced – and a vast majority of those products failed to achieve any sort of mass adoption. People began to dismiss IoT as primarily hype.
Valued at $103 billion in the U.S., the oil and gas industry is also one of the early adopters of the Internet of Things (IoT). Oil and gas companies combine the IoT, machine learning and the cloud for greater management of remote facilities and tank collection sites so they can act in real-time as safety and regulatory issues arise.
Trying to predict how many Internet of Things (IoT) devices will go online over the next decade is like trying to predict the growth rate of rabbits in the wild. It suffices to say that 2017 could be the year in which IoT devices exceed the total human population, based on a Gartner forecast of 8.4 billion IoT connected devices, or one device for each of the 7.5 billion people, plus just under a billion more to spare.
All technology companies focus on the future, but as the interconnection junction between network providers, cloud providers and the enterprise, Equinix has a unique perspective on IT trends and where things are headed. We also work daily to discern where and how our 9,500-plus customers will need to access the interconnection and data center solutions and services we know they’ll need to grow. This all gives us uncommon industry insight and helps inform our annual predictions.
It’s rapidly coming up on “predictions season.” But, before we start looking ahead to 2018, we thought we’d look back at the “7 Bold Predictions for the Connected Enterprise” we made for 2017 to see where these technology trends stand. Here’s what we see today.
The Internet of Things (IoT) sometimes has the feel of a trend that’s forever going to be on the cusp of a huge breakout. Figures fly around about the projected size of the IoT, and they’re always massive (such as the 50 billion devices Cisco predicted by 2020). But the number of things in the IoT is already counted in the 8 billion-15 billion range. So, shouldn’t we be seeing more from the IoT by now?
Everyone agrees these days that the cloud is integral to the future of any digital business that wants to have a future. But is cloud computing peaking? Is a different kind of computing, edge computing, soon to eclipse the cloud in importance?
Alongside our global CEO Steve Smith in my dual role as host and speaker at the event, I was party to some very interesting discussions and got to hear from the likes of Alibaba, Coca-Cola and John Lewis on their thoughts about the move to the digital edge and what businesses must do to ensure they remain competitive in this increasingly digital world.
Interestingly DDoS attacks have moved beyond the simple large volume attacks of yore to sophisticated, dynamic combinations of stealthy multi-vector application-level attacks and even campaigns of attacks that morph while they’re in progress. This requires a multi-layered approach to your DDoS security that includes on-premises, in-line protection and intelligent communication with your ISP or MSP, so it knows to deploy its own DDoS defenses when necessary.
Planning for the IoT: How the right upfront decisions can mean better performance, scalability and security
While security is a hot topic for the architects of IoT devices and applications, good IoT infrastructure planning shouldn’t stop there, and should also include best practices for IoT interconnection at the digital edge.