ICYMI through May 29, 2018
The Memorial Day weekend offers a chance for pause and reflection, but there's no pause in the IoT news world. Now that summer is officially started (OK, not officially, but emotionally), a swing of the news net missed a few items, so let's catch up.
Never enough security
It's nice when the nontech press digs into tech subjects, but too often lately those articles focus on security lapses. The Conversation turbocharges that topic in "Internet of Things: when objects threaten national security." But one can't fault the writer's logic, since multiple smart home to smart building to smart infrastructure projects are underway, and securing billions of IoT devices will certainly leave some gaps.
Brian Krebs got into technology security the hard way: Hackers took over his home network and he had to learn to protect himself. His newsletter/blog spreads the good word, and this week, that word is about the FBI asking people to reboot their routers ASAP.
IoT market estimates keep growing
Industrial IoT, a prime market for IoT integrators, keeps growing. Transparency Market Research says the global IIoT market will keep growing at nearly 25 percent CAGR through 2026. The hot market focus here is transportation, from finding empty parking spaces to regulating traffic flow on highways.
Long title alert: 2018-2023 Global and Regional Internet of Things Technology Industry Production, Sales and Consumption Status and Prospects Professional Market Research Report pegs global CAGR at 25.3 percent through 2023 for a total of over $850 billion.
Persistence Market Research reports that the keyless entry system market will grow 10 percent annually for the next eight years and reach $8.3 billion in 2026.
Smarter is always better
Let's hope Quartz India is right that the IoT tops the list of "upskill or perish" subjects to keep current in your present job. Especially since India leads the world in IoT project outsourcing revenue.
Siemens in Austria just booked a deal with electrical wholesaler Rexel Austria to use its cloud-based energy monitoring system to cut energy use by 15 percent.
Schlage's Smart Deadbolt now works with Google Home.
Is Congress the "smarter" we're looking for?
EPIC (Electronic Privacy Information Center) wrote to Congress in preparation for a hearing on the IoT asking that the Consumer Product Safety Commission regulate consumer IoT products. Policy wonks can check out the meeting details.