Business Chief APAC+ANZ Magazine December 2020 | Page 80

TECHNOLOGY
EMERGING IOT TRENDS AS A RESULT OF COVID-19
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IoT has become a CXO-level conversation again : IoT ’ s value proposition is rapidly expanding from productivity , efficiency , and new services to enabling the board-level topic of 2020 - business resiliency . Businesses need to rapidly adjust operations based upon the workforce availability , supply chain interruptions , and changing customer expectations – exactly the places where IoT now sits .
IoT is delivering secure remote operations : over the last few years , the focus for IoT was on connecting devices to tap into new data for analytics . Now , in response to COVID , there is an added requirement to enable remote operations for both business resiliency and cost efficiency . This will fundamentally change how IoT devices will be connected .
IoT is now accelerating the move to a new class of networking : companies need secure remote access to IoT devices for diagnostics and remote technicians , in addition to remote controlling and operating IoT devices . This new dependence on IoT raises the bar on secure remote access requirements , including :
• Connectivity for IoT devices requiring increased bandwidth
• Extremely low latency wireless connectivity for applications at high speed
• Cybersecurity to protect expansion of the threat surface
• Network automation to make deploying and managing IoT devices at scale doable with finite resources
• Edge computing for when going to the cloud is too slow to support real-time edge processes and analysis is needed closer to the IoT device
DECEMBER 2020