New special purpose chips, more sophisticated and low-cost sensors, combined hardware and software for trust platforms plus deployment of new wireless technologies will emerge as some of the top strategic Internet of Things (IoT) technologies and trends over the next five years, according to Gartner.
Gartner presented its top 10 strategic IoT technology trends for 2018 to 2023 at its symposium in Barcelona last week. The trends included:
1: Artificial Intelligence (AI)
Gartner forecasts that 14.2 billion connected things will be in use in 2019, and that the total will reach 25 billion by 2021, producing an immense volume of data. The volume of data generated will only make IoT meaningful if AI is applied to a wide range of IoT information, including video, still images, speech, network traffic activity and sensor data.
2: Social, Legal and Ethical IoT
As the IoT matures and becomes more widely deployed, a range of social, legal and ethical issues will grow in importance. These include ownership of data and the deductions made from it; algorithmic bias; privacy; and compliance with regulations such as the General Data Protection Regulation. Successful deployment of an IoT solution demands that it’s not just technically effective but also socially acceptable.
3: Infonomics and Data Broking
By 2023, the buying and selling of IoT data will become an essential part of many IoT systems. Organizations will need to understand the risks and opportunities related to data broking in order to set IT policies required in this area.
4: The Shift from Intelligent Edge to Intelligent Mesh
The shift from centralized and cloud to edge architectures is well under way in the IoT space. However, this is not the end point because the neat set of layers associated with edge architecture will evolve to a more unstructured architecture comprising of a wide range of “things” and services connected in a dynamic mesh. These mesh architectures will enable more flexible, intelligent and responsive IoT systems — although often at the cost of additional complexities.
5: IoT Governance
As the IoT continues to expand, the need for a governance framework that ensures appropriate behavior in the creation, storage, use and deletion of information related to IoT projects will become increasingly important. Governance ranges from simple technical tasks such as device audits and firmware updates to more complex issues such as the control of devices and the usage of the information they generate.