• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Articles
  • News
  • Events
  • Advertize
  • Jobs
  • Courses
  • Contact
  • (0)
  • LoginRegister
    • Facebook
    • LinkedIn
    • RSS
      Articles
      News
      Events
      Job Posts
    • Twitter
Datafloq

Datafloq

Data and Technology Insights

  • Categories
    • Big Data
    • Blockchain
    • Cloud
    • Internet Of Things
    • Metaverse
    • Robotics
    • Cybersecurity
    • Startups
    • Strategy
    • Technical
  • Big Data
  • Blockchain
  • Cloud
  • Metaverse
  • Internet Of Things
  • Robotics
  • Cybersecurity
  • Startups
  • Strategy
  • Technical

Why the Future of IoT is Open Source

Damon Doherty / 5 min read.
August 7, 2018
Datafloq AI Score
×

Datafloq AI Score: 81.33

Datafloq enables anyone to contribute articles, but we value high-quality content. This means that we do not accept SEO link building content, spammy articles, clickbait, articles written by bots and especially not misinformation. Therefore, we have developed an AI, built using multiple built open-source and proprietary tools to instantly define whether an article is written by a human or a bot and determine the level of bias, objectivity, whether it is fact-based or not, sentiment and overall quality.

Articles published on Datafloq need to have a minimum AI score of 60% and we provide this graph to give more detailed information on how we rate this article. Please note that this is a work in progress and if you have any suggestions, feel free to contact us.

floq.to/GUuZJ

IoT is a third wave of internet technology and a locomotive of open source ideas. After World Wide Web connected computers, and the mobile revolution connected people to the internet and each other, IoT interconnects everything that can collect data. Although the majority of smart cups , smart bottles and smart clothing do not yet provide any meaningful feedback to their owners, they paved the way for greater changes in everyday life. Which way is IoT going to take in 2018? Is it true that the future of IoT is in open source? Here are some predictions.

Demand for Advanced Analysts

According to the McKinsey Global Institute, the number of connected devices will reach 28 billion by 2020, the amount of data they will harvest will grow exponentially. Only one-third of those devices will be computers, smartphones, and tablets. The remaining two-thirds are going to be things that weren’t traditionally internet-connected, such as household appliances, automobiles, sensors, terminals, etc. Some of those can process the data they harvest. However, most were designed only to collect. IoT is expected to offer highly advanced connectivity to devices, systems, and services, going beyond machine-to-machine communication and covering a variety of protocols and applications.

Some experts argue that such amounts of data will be too much for humans to handle and therefore, the adoption of AI for processing is imminent. It is true. The tools to help us manage big data and elicit valuable insights must become more sophisticated. Of the huge amounts of information, currently, only about 1% is getting processed to provide meaningful feedback.

Cooperation and crowdsourcing can (or rather should) be an alternative route the analytics will take. To provide value to the end user, an AI needs a vast amount of human-verified data to make sense of the new information. Training an AI could be either open source or extravagantly expensive and time-consuming.

Users Will Have to Choose Ecosystems

As the number of connected devices grows, so does the number of compatibility issues. Unfortunately, IoT becomes more and more disjointed, as every appliance manufacturer creates its own ecosystem of devices and software. As much as we all wish to believe in the all-connected future, we should draw our conclusions on the precedents.

Even the World Wide Web, while connecting computers and users, spawned several separate ecosystems. Things that seemed self-evident in one ecosystem work differently in the other. Therefore choosing the right one becomes even more important when your entire smart home or your business depends on it.

Therefore, users are more likely to skew towards open source. The customers become increasingly hesitant to bet the future of their IoT ecosystem on proprietary software or hardware with proprietary protocols. They fear that these will become obsolete too soon or will be difficult to customize.

The role of open source developers is balancing this tendency with technology that can decentralize IoT and put all those fragmented ecosystems together. The likes of it are already being developed – IBM‘s blockchain-based ADEPT, which uses the database to build a distributed network of devices. ADEPT (Autonomous Decentralized Peer-to-Peer Telemetry) taps into this source to provide a secure, low-cost way for devices to interact.

We should be aware, however, that there will always be some data that are more sensitive than other. For example, users will demand more additional protection for e-banking applications or services where confidentiality is crucial, such as term paper help websites. Therefore, such services will always tend to develop their in-house software and will be reluctant to join the common ecosystem.

IoE

In 2018 the IoT will continue to grow to become the IoE the Internet of Everything. IoT is not a unified market . Therefore, the growth will not be equally distributed. The most promising fields in 2018 are healthcare and retail.


Interested in what the future will bring? Download our 2023 Technology Trends eBook for free.

Consent

The buzz that IoT created revolves mostly around home and consumer electronics. These are still the testing area for every technological innovation before business adopts it. IoE will provide companies with more insight into how consumers relate to their products or services, customer care units, and one another. Chatbots, hospitality robots, and virtual assistants already can converse in real-time, and provide certain services, giving us a sneak peek into what IoE could be in the future.

Healthcare is slightly more interested in implementing IoT than other industries on average. 87% of healthcare organizations plan to introduce the technology by 2019 (compared to 85% of businesses across various industries).

Most of the IoT devices used in healthcare are patient monitors. Taking into account the fact that 89% of healthcare organizations have suffered from IoT related security breach, it forebodes huge privacy issues.

Greater Security Concerns

About two years ago, Qualcomm declared fragmentation the enemy of IoT. Their vision of seamless interoperability rested upon a single, open, and secure framework. This makes perfects sense, as security issues tend to grow in numbers along with the system’s complexity. However, as we already know, their vision of a simple and transparent connection is hard to achieve.

Security is the greatest risk and the overall concern with IoT. The onslaught of ransomware in 2017 is but a canary in a coal mine. Standards and protocols of sharing and protecting data aren’t in place yet. Many IoT devices do not have the processing power or storage space required to host endpoint security software. Greater problems are yet to come, and we must face them with some ready-made solutions. There are several open source initiatives aimed at tackling the IoT vulnerabilities OWASP, M2M Labs MainSpring, Eclipse IoT Project to name a few. However, with security in IoT, it takes all the running you can do, to keep in the same place .

Cloud Technology Will Catch Up

Although cloud technology has been around for some time, it is yet to reach its full potential. Cloud solutions will be in higher demand in 2018 since software as a service (SaaS) has opened lucrative opportunities for businesses and individuals.

Infrastructure and platform as a service (IaaS and PaaS) have increased the number of cloud solutions available. The Cisco survey predicts that SaaS will take 60% of all cloud-based workloads, which is a 12% increase compared to 2017 forecasts.

So far, these predictions circa 2016 proved to be accurate. It goes without saying, that the storage capacities will also grow. The survey estimates the overall capacity available in 2018 to be 1.1 ZB, which is twice the size of that in 2017.

Cloud technology will advance virtual computing and reduce costs of operating business. However, these benefits come with security risks. Therefore, more and more companies in the open source sector (OpenStack, Project Things (by Mozilla), ownCloud) focus on data security in 2018.

Categories: Cloud, Internet Of Things
Tags: analytics, Cloud, ecosystem, IoT, prediction, security

About Damon Doherty

Damon Doherty is a programmer and a student passionate about technology and AI. He is also an aspriring journalist (currently a freelancer with occasional paper help and blogging gigs).

Primary Sidebar

E-mail Newsletter

Sign up to receive email updates daily and to hear what's going on with us!

Publish
AN Article
Submit
a press release
List
AN Event
Create
A Job Post

Related Articles

Visual AI: The Shiny Technological Object That Glitters Like Gold

March 17, 2023 By sgold

Beyond the Buzzwords: How ChatGPT Stands Out as a Next-Generation Language Model

March 17, 2023 By marketing.innowise

7 Ways Data Mining Helps Gain a Competitive Edge

March 14, 2023 By Sam Thomas

Related Jobs

  • Software Engineer | South Yorkshire, GB - February 07, 2023
  • Software Engineer with C# .net Investment House | London, GB - February 07, 2023
  • Senior Java Developer | London, GB - February 07, 2023
  • Software Engineer – Growing Digital Media Company | London, GB - February 07, 2023
  • LBG Returners – Senior Data Analyst | Chester Moor, GB - February 07, 2023
More Jobs

Tags

AI Amazon analysis analytics app application Artificial Intelligence BI Big Data blockchain business China Cloud Companies company costs crypto Data development digital environment experience finance financial future Google+ government information machine learning market mobile Musk news public research security share skills social social media software startup strategy technology twitter

Related Events

  • 6th Middle East Banking AI & Analytics Summit 2023 | Riyadh, Saudi Arabia - May 10, 2023
  • Data Science Salon NYC: AI & Machine Learning in Finance & Technology | The Theater Center - December 7, 2022
  • Big Data LDN 2023 | Olympia London - September 20, 2023
More events

Related Online Courses

  • Social Science Approaches to the Study of Chinese Society Part 2
  • Automating Response to Phishing with Cortex XSOAR
  • Use C++ to build a crypto trading platform II: data
More courses

Footer


Datafloq is the one-stop source for big data, blockchain and artificial intelligence. We offer information, insights and opportunities to drive innovation with emerging technologies.

  • Facebook
  • LinkedIn
  • RSS
  • Twitter

Recent

  • Microsoft Power BI -The Future of Healthcare’s Most Important Breakthrough
  • The Big Crunch of 2025: Is Your Data Safe from Quantum Computing?
  • From Data to Reality: Leveraging the Metaverse for Business Growth
  • How BlaBlaCar Built a Practical Data Mesh to Support Self-Service Analytics at Scale
  • How Blockchain Technology Can Enhance Fintech dApp Development

Search

Tags

AI Amazon analysis analytics app application Artificial Intelligence BI Big Data blockchain business China Cloud Companies company costs crypto Data development digital environment experience finance financial future Google+ government information machine learning market mobile Musk news public research security share skills social social media software startup strategy technology twitter

Copyright © 2023 Datafloq
HTML Sitemap| Privacy| Terms| Cookies

  • Facebook
  • Twitter
  • LinkedIn
  • WhatsApp

In order to optimize the website and to continuously improve Datafloq, we use cookies. For more information click here.

settings

Dear visitor,
Thank you for visiting Datafloq. If you find our content interesting, please subscribe to our weekly newsletter:

Did you know that you can publish job posts for free on Datafloq? You can start immediately and find the best candidates for free! Click here to get started.

Not Now Subscribe

Thanks for visiting Datafloq
If you enjoyed our content on emerging technologies, why not subscribe to our weekly newsletter to receive the latest news straight into your mailbox?

Subscribe

No thanks

Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.

Marketing cookies

This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.

Keeping this cookie enabled helps us to improve our website.

Please enable Strictly Necessary Cookies first so that we can save your preferences!