2016 IoT Predictions

After reaching out to a wide network of IoT gurus, including IoT/M2M practice at DataArt, Boston Commons presents a roundupof hot Internet of Things (IoT) trends leading into 2016. The gist of the report is that IoT is at the center of strategic technology trends in 2016 and the use of M2M and IoT applications for customer experience will go mainstream across industries with ability to cut costs, create additional revenue, and provide incredible new data. The growing pains of IoT remain to be data management struggle and security issues.

Here are some highlights:

“Folks at DataArt say "the IoT industry will [see] a year of competition, as platforms strive for supremacy.”

“By optimizing organizations' understanding of their equipment and physical assets, in 2016 industrial IoT will not only cut costs, but create completely new revenue opportunities.”

“In 2016, we expect that PKI will become ubiquitous security technology within the IoT market.”

“Providing clear details on how their products are secure and why users don't need to worry about the safety of their information will be absolutely key in 2016.”

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