2018 was a great year where Internet of Things is concerned but 2019 promises to be an even greater year. The following are where you can reasonably expect to see IoT making major headway in 2019.
- Traditional industries: traditional industries are those industries that have been around for some time. Businesses with a traditional way of doing things. You can expect IoT to make an incursion into these industries in 2019 as they are natural homes for it. For instance, a company that manufacture pumps and valves can leverage on IoT to develop a new and innovative line of business by combining it with their products to make new “smart” connected products. 2018 demonstrated how plausible this is when IoT investment by these industries became so important as to be a table stake. This is because innovators in them have found a way to use IoT to provide viable solutions to real world problems. And with the ease with which knowledge and skills are shared in the world today, it is only natural to expect to see widespread adoption of IoT in industries such as; oil and gas, manufacturing and other traditional industries.
- Acquisition of IoT talents by mega companies: 2018 saw a big increase in IoT technology by mega companies the world over. These companies are, however, handicapped by the lack of technical competence required to execute their IoT initiatives on a large scale. It is not misplaced to expect these companies to acquire smaller start-ups that have required IoT technology expertise required to implement their initiatives.
- More smart cities: 2019 is very probably the year when the future arrives (at least that future that we see in futuristic movies where cars fly and people travel through tubes). With the degree of investment in this technology by transport companies, we can expect to see more fleets deployed by them. It won’t be untoward to also expect city managers and politicians to try and get on the right side of things by building smarter infrastructure and deploying better technology in their cities.
- Better security for IoT devices: we can expect to see more secure and better protected IoT devices in 2019. This is due to advancements being made in the industry where security is concerned. Existing problems of security with old IoT devices are likely to linger, however, as they cannot just be tossed out. This means that existing IoT businesses are still vulnerable and that data breaches will still occur on a major scale. This might result in uncertainty in the market, a scenario that will force IoT practitioners to double down on their security investments as well as to drastically increase the marketing focus they bestow on the value of security and data privacy.
- Natural disasters management: a lot of issues attributable to climate change arose in 2018 such as fire outbreaks on the west coast and drowning on the east. And for a long time, companies have invested in the creation of connected sensor networks to observe and monitor the effects of climate change on the planet. With these effects becoming more glaring by the day, and the costs of climate change more obvious, we can expect to see IoT technology being deployed in the fight against it. This means that IoT devices will be used in managing the effects of natural disasters and topics such as flood prevention and fire abatement via these devices will naturally, take centre stage in politics the world over.