openPR Logo
Press release

Top 6 Biggest Concerns to Think About When Implementing IoT

Top 6 Biggest Concerns to Think About When Implementing IoT

Top 6 Biggest Concerns to Think About When Implementing IoT

The Internet of Things can do great things for a business. When implemented properly, it can save you money, boost productivity, and make processes more efficient. However, there are also concerns that need to be addressed.

HIGH INVESTMENT COSTS

High investment costs are a concern because you must weigh the initial investment with the lifetime of savings that you will, ultimately, achieve. The implementation costs will vary based on the sensors that you need as well as the infrastructure that needs to be built.

The initial investment will vary considerably for every company based on size and what is already in place. For example, if you already have a substantial tech infrastructure, you likely won’t have to rebuild too dramatically. Bringing in a professional will give you a better understanding of the expense you are likely to incur.

TECH INFRASTRUCTURE

The tech infrastructure to prepare you for the IoT needs to be capable of connecting to the internet in all aspects. Much of the equipment in server rooms isn’t inherently ready to connect to the Internet of Things. As a result, you may have to spend a substantial amount of money replacing or retrofitting your network so that you can accommodate the IoT technology.

Additionally, you will need a cloud-based network that is scalable, high-speed internet, and all the devices that will connect to provide you with the benefits.

Subscribe free now to get more technological updates! https://is.gd/ybr4KV

SECURITY PROTOCOL

Security should be a top concern as you don’t want to expose your business to problems. You’ll have more employees using devices. Further, you may not have the layer of encryption and authentication that is needed to truly protect yourself.

There is a big security risk involved when you decide to focus on IoT communication. This means that you need to implement the right devices. It’s also critical that you train your employees on security and encryption so that they understand how the IoT running in the background is going to change the way they do things daily.

SCALABILITY

It’s important that the IoT is scaled properly for your business. In scaling an IoT footprint, you must look at what a network can handle in terms of the number of devices. Further, you must look at whether you’re using pre-existing devices, buying highly specialized ones, or exploring custom solutions.

Scalability must be translated to the company. Ultimately, you will want to add more departments, which can mean a larger number of devices as well as different types of sensors and software in order to streamline more processes.

STANDARDS

It’s important to have standards in place. Unfortunately, the standards being used across IoT are still immature in many ways. Many analysts are identifying that the protocols are not enough because too many companies fail to understand the technology to the fullest. When waiting for a standard or protocol to come forward, it causes a delay in investments. There are plenty of standards in development, but they’re not being released yet because the technology is still new.

The Open Interconnect Consortium is pushing to create a united protocol. This, combined with the draft standard published by the Institute of Electrical and Electronics Engineers, can ensure that a universal language is created for IoT architecture. However, the standards aren’t in full swing yet, causing some companies unease in terms of deciding whether they want to invest yet or not.

Cont. Reading…https://is.gd/CRBtKv

About Us

BusinessWorldIT is the most comprehensive online news website dedicated to delivering up-to-date news, trends, and opinions relevant to investments, startups, and developments surrounding innovative technologies. Covered topics include but are not limited to: artificial intelligence (AI), virtual reality (VR), augmented reality, automation, cryptocurrency, blockchain, and the Internet of things (IoT). Whether you are an information officer, developer, computer systems analyst or just someone who is interested in innovative technologies, Business World iT exists to help you stay up-to-date on how the current state of technology is evolving and how innovative technologies will shape the future.

D.B.A. Business World Innovative Technologies
8668 John Hickman Parkway
Suite 1004
Frisco, TX 75034
Phone: +1 (214) 295-7705

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Top 6 Biggest Concerns to Think About When Implementing IoT here

News-ID: 1747848 • Views:

More Releases from Business World Innovative Technologies

Top 10 IoT Companies You Should Know About
Top 10 IoT Companies You Should Know About
As IoT continues to expand, some companies have taken charge to lead innovation, develop new technologies, and facilitate IoT’s adoption in various industries. The conversation around the Internet of Things (IoT) is picking up the pace even though the technology is still in its infancy. However, the IoT ecosystem is quickly developing and attracting interest from various technology stakeholders. In the recent past, various companies have made a substantial investment in
How to Choose the Right IOT Platform
How to Choose the Right IOT Platform
There has been a rise in the number of IoT projects being undertaken by various organizations presently. The internet of things has led to increased productivity with the automation of simple tasks that would have otherwise derailed the production process. But what makes IoT systems effective? Are there some considerations that a developer needs to pay attention to so that whatever they come up with becomes effective? Well, developing a project
Top 10 Internet of Things Future Applications
Top 10 Internet of Things Future Applications
Top 10 Internet of Things Future Applications If you’ve ever wondered about the Internet of Things future applications, the overall future of the Internet, examples of Internet of Things applications, the greater Internet of Things future scope as it relates to the working class, future development of IOT potential for small software businesses, or anything else of this nature, then you are in the right place. That is all we are
15 Best Augmented Reality Games for iOS and Android
15 Best Augmented Reality Games for iOS and Android
Augmented reality game developers continue to improve game graphics and offer more features for users, making AR one of the more popular platforms in the gaming industry. Augmented reality games allow users to compete in life-life battle zones, interact with realistic-looking settings and characters, and utilize plenty of weapons and tools to claim victory over other competitors. Below we explore the most popular and critically acclaimed Augmented reality games for both

All 5 Releases


More Releases for IoT

IoT Cloud Market Next Big Thing | Major Giants Oracle, AWS IOT, IBM Watson IoT, …
COVID-19 Outbreak-Global IoT Cloud Industry Market Report-Development Trends, Threats, Opportunities and Competitive Landscape in 2020 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing investment structure of the COVID-19 Outbreak-Global IoT Cloud Market. Some of the key players profiled
Narrowband IoT (NB-IoT) Market Future Adoption Overview 2025
The report titled "Global Narrowband IoT (NB-IoT) Market Size, Status and Forecast 2025, Trends, Share, Size Research Report " offers a primary impression of the Narrowband IoT (NB-IoT) industry covering different product Scope, Characterizations, Classifications, Objectives, and Participants in the industry chain structure. This report profiles major 15 topmost manufactures operating like ( Vodafone, China Unicom, China Telecom, AT&T, Etisalat, Telstra, Orange, Telefonica, SK Telecom, Deutsche Telekom  -  for complete manufactures list, please
Blockchain In IOT Market Business Growth Statistics And Key Players Insights Blo …
Research N Report has released a new report on the “global Blockchain in IOT Market”. This report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every side of the market. "Blockchain in Internet
IoT Healthcare Market - Revolution in Healthcare with IOT & IoT has the Potentia …
In this report, the Internet of Things (IoT) Healthcare market was valued at USD 28.42 Billion in 2015, and is projected to reach USD 337.41 billion by 2025, growing at a CAGR of 28.2% over the forecast period. "Internet of Things (IoT) Healthcare Market", published by Xpodence Research, provides extensive insight and analysis of the Internet of Things (IoT) Healthcare market over the next eight years (2015-2025) and acts as a
Narrowband IoT (NB-IoT) Chipset Market - Product Drawbacks 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2879 Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various
Narrowband IoT (NB-IoT) Chipset Market Rapidly expanding 2025
Global Narrowband IoT (NB-IoT) Chipset Market: Overview Narrowband IoT (NB‑IoT) is the new method of communicating with “things” that need limited amounts of data, over long periods, in places that are hard to reach. It is essentially a wireless technology that was standardized by 3GPP in 2016. Narrowband IoT is considered the best in class low-power wide area (LPWA) technology to facilitate functioning of various new industrial IoT (IIoT) devices, which includes