The Internet of Things (IoT) has the promise to make everything more intelligent and efficient. Smart grids, smart meters, smart refrigerators and smart cars are just some examples that get mentioned in just about every article that gets written about IoT. But while compelling applications and innovations can come from the IoT, CIOs continue to have two legitimate major areas of concern when thinking about how the mechanics of IoT will affect their organizations: storage and security.
It’s a well-known fact that it’s difficult for the human brain to accurately understand really, really large numbers. But there’s no getting around the fact that large numbers are needed to establish the context of IoT. According to Cisco, currently there are 10 billion things – phones, PCs, things – connected to the Internet. That sounds like a lot, right? But that is 600ths of one percent of the actual devices and things that exist right now. There are over one trillion devices out there right this very minute that are not talking to the Internet – but soon enough they will be.