Intelligent Tech Channels Issue 06 | Page 15

ENTERPRISE TECHNOLOGY The Internet of Opportunity There’s no doubt the lucrative potential of the Internet of Things (IoT), but how can those in the channel maximise the opportunities and minimise the threats? By Pippa Sanderson A ccording to Mohammad Jamal Tabbara, Senior Systems Engineer – UAE at Infoblox, today we have more than 20 billion IoT devices, with smart homes being the biggest industry. By 2020, this number is expected to increase to some 30 billion connected IoT devices, helped by government initiatives to develop smart cities and their associated trends and applications, such as smart parking, smart traffic controls, smart lights, smart roads, smart waste management, smart structural health, smartphone detection and more. Furthermore, it’s expected these trends and applications within smart cities will assimilate with one another, forming an integrated and orchestrated ecosystem. Smart city technologies alone are expected to be worth roughly $100 billion by 2020. A global study, The Internet of Things: Today and Tomorrow, published by Aruba, a Hewlett Packard Enterprise company, reveals that IoT will soon be widespread as 85 per cent of businesses plan to implement IoT by 2019, driven by a need for innovation and business efficiency. While the analysis confirms the clear business benefits from investments in IoT, Aruba’s report cautions that connecting thousands of things to existing business networks has already resulted in security breaches for the majority of organisations. The research questioned 3,100 IT and business decision makers across 20 countries to evaluate the current state of IoT and its impact across different industries. The study shows that while 15