How much data can the Internet of Things (IoT) collect:

The estimated volume of data collected by the Internet of Things was 13.6 zettabytes(a trillion gigabytes) in 2019 and this figure is expected to rise to 79.4 zettabytes by 2025. However, the average data handled by a company can vary, it is anywhere around 47.81 terabytes for an average small business to 347.56 terabytes for an average enterprise.

In simple words, the IoT can provide a huge amount of data to your business no matter what the size of your business is.
However, the sudden surge in the data can give rise to other problems as well. To solve these problems what can one do is explained below.

Challenges faced while implementing the Internet of Things(IoT) network:

The IoT redefines how a business operates by increasing productivity and streamlining the workflow. The data provided by the Internet of Things can move and flow through several IT infrastructures. Innovation is constant with new apps and features being added on a daily basis.
When we connect more and more devices to the IoT Network, we face numerous waves of data continuously flowing into it. Thus the problem we will be facing is how to manage this data but not how to gather it. This can create a bottleneck situation for growing businesses.

When someone describes how IoT works they mostly use the metaphor, “ sensors in a refrigerating container track the temperature to ensure perishable goods stay fresh till they are delivered”. It is a great example, but what will you do if you want to know more than just the temperature of the container. What if you want to know for example, how efficient the vendors are by measuring numerous data through the supply chain. In such situations, you will suddenly face an overload of data.
Collecting data from various sources and combining them to get a clear picture can be a difficult task, especially if you are doing it by a manual process.

More the data more will be the problems:

One of the greatest drawbacks of connecting more systems to the IoT Network is whether anyone has so much time to actually sit and analyze the incoming data.
Depending on your approach to implementing the IoT, it can turn out to become a firehose of data and if you do not have the right systems all of the data will die and become an endless spreadsheet. When data becomes corrupt in spreadsheets it becomes difficult to manage and even reporting in real-time won’t help it. Manual data entry mistakes are costly and endanger your company.

Moving data around require a team or a person to handle it by removing time to do so ar either you have to outsource this work. Both involve a high cost to do so. Either way, it is a risky investment for growing businesses with limited IT resources.

To solve this issue you can build a custom app that connects these systems with a central database. But there are some drawbacks to this solution. Designing a custom application is expensive, time-consuming, and potentially risky from an ROI standpoint. If you are aiming to transfer your business processes to stay competitive, you probably have limited time and resources in your IT budget and department.

How can IoT networks and Low Codes support business functions:

Low-code platforms are a software as a service(SaaS) interface designed to ease the process of development of the application and its integration. In short, they are the easiest way to build an application according to our needs. Rather than building your complex application from the base itself you can drag and drop complex codes and visuals to create the application as you wish.
This process greatly reduces the time and cost needed to create an application. Instead of spending a huge amount on developing an app and waiting months to test it using low code you can build a great application within a few days.

Designers of low-code platforms incorporate a cost-cutting strategy and essentially aim them at individuals with no coding background. Thus they are easier to use and onboarding is much faster and cheaper.

Using low-code platforms you can connect various IoT technologies to your business. moreover, these cloud-based platforms are much safer to house your data related to business than any other online storage facility.

Low-code reduces data backlogs:

No matter how advance the technology has become, IT departments still struggle to finish their tasks and meet their end goals.IT backlogs are a real concern to every business.
Thus, the IT team, already overwhelmed by a massive influx of incoming data, can face a challenge in connecting new applications to the IoT in the right way.
IT professionals have to deal with maintaining outdated technology, working within time limits, and clearing the technical debts of the IT department. All these require an investment of time and resources in a specific way.

Low-code helps the IT department to work much faster in an easy and cost-effective way. rather than building complex connections by building custom integrations of technologies, the IT department can quickly build connections between new tech and your company’s software architecture. The final result will be fewer backlogs and more time for new projects.

Challenges with IoT Networks and Low-Code:

Though many mainstream Low-code applications are built to support the IoT, still there are some potential challenges with it. The IoT is complex, and even though users can build custom applications with no knowledge or background in coding, it doesn’t mean that it is an easy process. What we are looking at is an intricate web of disparate systems, IoT endpoints, and platforms. On top of that, you should know how to organize data and present it in a meaningful way.

Applications are increasingly complex and advancements happen daily. Thus an IT team that has its roots in the coding background can easily and effortlessly set up the infrastructure needed by the business to get a meaningful insight into the application.

As a result, Low-code can never totally replace a software developer. Instead, it is a tool that can help a software developer reach his goal effortlessly and in a better place. The other team members have the ability to write the basic business logic required for running the automation and can emphasize the points relevant to the business-required data. They still need the IT  department to develop the necessary infrastructure to support the IoT effectively. 

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The IoT is gaining more traction in 2018 than ever before. However, there is a complicating factor that IoT developers should be aware of – the GDPR. The GDPR has created a number of new security and privacy issues that will have an effect on the IoT. New devices need to be developed with the new GDPR standards in mind, along with other changes that the IoT has wrought.

Here are some exciting trends to look out for.

1. Near-universal connectivity

By the end of the year, it will be nearly possible to connect virtually every device on earth. Of course, most devices won’t be connected with each other due to cost constraints. However, devices can be easily connected where it is practical to do so. Through the analytics data in this IoT industry report, we can see not only the massive growth within this industry, but also the massive amount of money being spent to protect customer data and privacy when relying on such technology.

For example, numbers are now on track to surpass $134 billion in spending by 2022 on IoT security alone. With Cloud Management Suite being the first IT management solution that can discover IoT devices, it will be interesting to see the different types of data reports and trends they release in the coming months – while also helping IoT-based businesses better understand the needs of both their customers and brand partners.

With so many ways businesses, brands, and organizations using the connectivity and benefits of an IoT-based business, we are also going to see further improvement in customer service, communications and bottom lines for those who continue to implement these methods. This will have profound benefits in numerous fields, from medicine to oil production. For example, patients with wearable devices can send vital health information to their healthcare providers in real time. New devices will be built with a wider variety of sensors and output channels to improve connectivity.

While better-connected IoT networks will bring many advantages, they will also create new complications for the GDPR. Consumer data will be collected at different points, so numerous companies may be responsible for developing security and disclosure policies.

2. Four-stage data infrastructures

The IoT is exponentially increasing the range of data we use, quickly rendering previous data infrastructures obsolete. Data technologists are exploring new infrastructural approaches to these problems. One of the most innovative solutions is the four-stage data infrastructure. Here is a quick primer on it:

• The overall architecture of the IoT network is defined in the first stage. This includes all actuators, wireless sensors and other core devices.
• The second stage includes a system to aggregate sensor data and a system for converting analog to digital data.
• The third stage is an IT system that processes data before it is transferred to the cloud or an internal data server.
• The fourth stage is where the data is analyzed and stored for future recall.

This type of system will significantly improve the reliability and scalability of the data. Improving data quality is one of the highest priorities as data scientists explore uncharted realms of big data.

It is still too early to tell exactly how four-stage data centers will affect GDPR compliance. It will most likely have a dual effect. On the one hand, it will significantly scale the amount of available data. This will likely place more pressure on people to ask for copies of their data or to have their data removed. It may also create confusion among customers about the brands that store data in the first place, which could lead to them asking companies to remove data that doesn’t exist.

On the other hand, new data servers could make it easier for brands to meet compliance. They will be able to use Hadoop tools to easily find data at customers’ requests and delete records as needed.

3. More pressure to enhance security

All of the benefits of the IoT come with a significant trade-off – greater security concerns. Every IoT device is a potential invitation to cybercriminals.

Security risks have been a serious concern since the birth of the IoT. Those concerns are mounting as the IoT increases in size. For the time being, regulators have taken a largely laissez-faire approach to IoT security. Their attention has been mostly directed at more pressing security risks. However, they won’t be able to ignore the security challenges of the IoT much longer. They are acknowledging that the highly fragmented nature of IoT networks is a challenge that needs to be addressed.

The GDPR may even need to be rewritten with these new standards in mind. Existing devices will need to be inspected for security flaws. Patches will need to be released to deal with any software problems that create vulnerabilities.

4. More practical mobile platforms

You can make a strong argument that the IoT was born from advances in mobile technology. Nevertheless, many of the first IoT platforms were built around desktop applications. Over time, IoT developers began to invest more heavily in mobile platforms. These platforms weren’t intended to be built around mobile devices, but used mobile to offer more flexibility.

In 2018, we are starting to take the focus on mobile technology to the next level. A number of mobile-only applications will become available.
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The unprecedented evolution of IoT

The IoT is undergoing tremendous changes in 2018. It will have a huge impact on the GDPR and smart devices around the world. The future of this new technology is still unwritten, but it will be fascinating to see how it unfolds.

The post With the internet now controlling or being linked to nearly everything we do, it’s time we take a look at the latest trends and their effects on GDPR and everything IoT. appeared first on Welcome to Ahex Technologies.