Business Chief APAC+ANZ Magazine December 2020 | Page 78

THE BENEFITS IOT
THE CHALLENGES IOT
TECHNOLOGY
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“ Video and mission critical communications over wireless are exploding edge bandwidth requirements and requiring new wireless technologies to support near-zero latency connectivity ”

— Vikas Butaney , Vice President & General Manager , Cisco IoT
THE BENEFITS IOT
Productivity improvements : the capabilities of IoT are enabling improved operational efficiency such as : reduced downtime , improved resilience and efficiency , as well as improved output and speed .
New customer experiences : Cisco ’ s Control Center connects over 60 million cars , enabling new driver experiences , shile machine builders and device makers use Cisco Control Center to connect 100 million devices offering their customers new capabilities .
Improving the way people work : improving workplace safety , produtivity , efficiency and revenue .
THE CHALLENGES IOT
Complexity : frequently operational settings across industries are legacy systems that have been around for decades . As a result rolling out new solutions with IoT can be complex .
Security : when deploying IoT solutions , organisations need visibility on what is connected and potential threats . It is important for organisations to leverage IoT security tools to ensure that they are not vulnerable to cyberattacks .
Scalability : With IoT being complex to deploy and manage at scale . Butaney explains that IoT projects require a strong partnership between IT and OT in order to build scalable and secure projects for lower lifetime TCO . “ Bespoke projects are hard to sustain over time .”
DECEMBER 2020