Important IoT Trends That Will Transform Business in 2019-converted Important IoT Trends That Will Transform Business | Page 2

Now we are relying more and more on connected devices to do so many of our things hence security should be
there. All contributors in the IoT ecosystem are responsible for the security of the devices, data communicated and
solutions implemented. That means the device manufacturers, software developers, consumers, integrators and
businesses, all should follow best, latest and secure practices and processes. IoT security needs a multi-layered
approach and it starts with the design and development of the device. During the whole product lifecycle, all of
the data must remain secure. Hence IoT full benefits will be attained only if there is a proper security.
•
Software as a Service (SaaS)
Still so many IoT implementations require on-premises implementations. But in 2019 and beyond, there will be
higher instances when SaaS will be used. Now it is expected that more companies will choose the SaaS approach
to quickly implement various IoT scenarios at lower investments. With SaaS, organizations will realize benefits
more quickly, there will be lower cost of entry and there will be more flexibility.
Conclusion
We have just discussed the important IoT trends that will transform the way we do business in 2019 and beyond. It is also
expected that many more other trends will emerge which are not in the limelight right now. IoT is evolving very rapidly and
we have to keep an eye on all of these trends if we want our enterprises to extract full benefits of IoT technology.