More than half of major new business processes and systems |
The nature of IoT solutions, how they are deployed, and the |
will incorporate some element of the Internet of Things( IoT) by |
types of data they generate and consume are giving rise to |
2020. The impact of the IoT on consumers ' lives and corporate |
new security and privacy implications that organizations must |
business models is rapidly increasing as the cost of |
begin to address. This is a rapidly escalating risk to the |
" instrumenting " physical things with sensors and connecting |
organization, bringing complexity unfamiliar to most IT and |
them to other things— devices, systems and people— |
business leaders. |
continues to drop. |
The IoT has enormous potential to collect continuous data |
Uses of the IoT that were previously impractical will |
about our environment. The integrity of this data will be |
increasingly become practical. The IoT is relevant in virtually |
important in making personal and business decisions, from |
every industry, although not in every application. There will be |
medical diagnoses to environmental protection, from |
no purely ' IoT applications.' Rather, there will be many |
commands to modify actions of machinery to identification and |
applications that leverage the IoT in some small or large |
authorization of physical access. A black market for fake or |
aspect of their work. As a result, business analysts and |
corrupted sensor and video data will mean that data can be |
developers of information-centric processes need to have the |
compromised or substituted with inaccurate or deliberately |
expertise and the tools to implement IoT aspects that play a |
manipulated data. This scenario will spur the growth of privacy |
role in their systems. |
products and services, resulting in an extensive public |
|
Gartner has made four more predictions for the IoT:
Through 2018, 75 percent of IoT projects will take up to twice as long as planned.
|
discussion regarding the future of privacy, the means to protect individual privacy, and the role of technology and government in privacy protection. |
Three out of four IoT projects to face schedule extensions of up to 100 percent with the consequent cost overruns. The more ambitious and complicated the project, the greater the schedule overruns. For some projects, compromises will be |
By 2020, addressing compromises in IoT security will have increased security costs to 20 percent of annual security budgets, from less than one percent in 2015.
As use of IoT devices grows, however, the unique requirements
|
made to keep them on-schedule, leading to significant |
of IoT architecture, design and implementation over multiple |
weaknesses in performance, security or integration into |
industry segments and scenarios will also grow. As a result the |
existing processes. In the mid-to-long term, these |
average security budget for IT, operational technology( OT) |
compromises will require that the IoT project be re-factored |
and IoT security requirements will respond to the growth of IoT |
and perhaps even recalled and redeployed. |
devices across all business segments and scenarios, rising |
Product-centered enterprises will be the worst affected. They |
from less than one percent of annual security budgets in 2015 |
will seek to launch smarter, connected products, although this |
to 20 percent in 2020. |
will often be a reactive, tactical approach that seeks to address |
Major cybersecurity vendors and service providers are already |
their competition ' s IoT product. However, even for enterprises |
delivering roadmaps and architecture of IoT security, in |
conducting internally centered projects that may focus on cost |
anticipation of market opportunity. Small startups delivering |
reductions, there will be people issues. Most of these issues |
niche IoT security in areas such as network segmentation, |
will center on the normal introduction of a new technology |
device-to-device authentication and simple data encryption |
model. It will be complicated by emerging business models |
are offering first-generation products and services, including |