Australian Essential 8 Internet of Things (IoT): Get in the Loop

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The internet of things (IoT) has as much chance as fundamental as the World Wide Web. That’s probably why its creators have given it such a silly name. Let’s get in the loop with these Australian essential 8 Internet of Things (IoT).

An “Internet of Things” is an interconnected network of computing devices and sensors that collect and exchange data via various communication technologies and standards. The Internet itself was initially limited to computers and phones communicating with one another, but it has since grown out to encompass just about every type of electronic device imaginable — from light bulbs to televisions.

The phrase “Internet of Things” has been around since 1999 when Kevin Ashton, an executive at Procter & Gamble, coined it in an article published in RFID journal. The term was used to describe how the IoT would connect everyday objects like kitchen appliances and cars to the World Wide Web (WWW), which at that time consisted of about 30 million websites. Today there are close to 2 billion WWW sites with another 200 million sites getting added every year.

The Internet of Things has become expansive enough that some people believe it will soon encompass all aspects of human life — even though we still call it “the Internet” (which is short for “Internetwork,” not “interconnected network”).

What are the 8 Australian Essential Internet of Things?

The Internet of Things is a network of devices, vehicles and sensors that enable these objects to connect with each other and exchange data via the cloud. For example, your fitness tracker can record how many steps you take every day and upload this information to your health app on your phone or tablet. Your smartphone receives this info from your fitness tracker, as well as the number of calories you’ve burned through activity over the course of a week. This level of connectivity lets you gain insights into personal data — like how much sleep or exercise you need — that can help you improve your health .

The Internet of Things holds great potential for consumers and businesses alike — especially when we take the security, privacy and evolution concerns out of the equation. But before we get too far ahead of ourselves forget about its power and promise, let’s talk about 8 Australian Essential Internet of Things (IoT) to get in the loop..

1. Security

The IoT industry has failed to implement security protocols for its connected devices, which has left the door wide open for hackers.

2. Privacy

IoT presents a unique challenge to businesses and consumers who may not understand how their data is being used by connected devices. They must be aware of what information is being harvested , by whom and why it’s necessary for this information to be gathered , as well as who has access to it and for how long. Having all those questions can make any business or consumer feel uneasy about using these Internet-connected devices without proper guarantees on security protocol implementations .

3. Evolution

It took decades for the Internet to evolve into what it is today; these IoT standards are still in their infancy. Businesses need to consider that new standards will likely come into play within the next few years and in order to stay relevant they’ll need to be flexible enough to implement these changes in time.

4. Future-proofing

The IoT presents a huge opportunity for businesses, but it can also be overwhelming. The best way to future-proof your business is by partnering with an IoT specialist that will help you navigate the process and give advice on how best to apply this new technology into your business model .

5.  Location

With billions of interconnected devices expected to be online by 2020, the demand for location data and its applications will skyrocket.

6. Data

More and more people (by some estimates up to 50 billion) are expected to be Internet-connected by 2020, which means there will be a lot of data being transferred across various platforms.

7. Wearables

This is new territory that only started to boom in 2015; wearable technology such as smart watches, fitness trackers and glasses present interesting new ways for consumers and business to interact.

8. Digital Assistants

Software programs — like Apple’s Siri — designed to assist us with everyday tasks can collect an enormous amount of personal information about our behaviors, routines and habits without us ever knowing.

The Internet of Things presents massive opportunities for Australian businesses who are willing to take the plunge into tomorrow’s technologies today. By waiting to invest in IoT solutions, businesses risk becoming quickly outdated and potentially left in the dust by competitors who see the bigger picture. Your business will be well-positioned to provide IoT services to other companies when you’re doing your own work . This may seem like a strange point at first glance, but think about it: If you’re already collecting large amounts of data in your own office environment, why not offer this same service to others in exchange for money? It couldn’t hurt — and if nothing else, it could generate extra revenue while giving you valuable insight into future trends within your industry.

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Australian Essential 8 Internet of Things (IoT): Get in the Loop