Way back in 2014, almost to the day, I wrote about an ISACA report on the 'Internet of hackable, wearable things at work' - and in the last couple of years, if not the last couple of weeks, we’ve seen hijacked IoT networks used to make DDOS attacks on major websites.
IoT botnets are a reality, and now the warnings about the dangers of IoT insecurity are ever louder, but as we see from the research gurus at IDTechEx, there are plenty of benefits to come from IoT, too - security issues are a factor, but there’s so much more.
The news of IDTechEx’s latest research comes from its Chairman, Dr Peter Harrop, who tells about the state of IoT in a just-released report entitled ‘Internet of Things (IoT) 2017-2027,’ which as always is available to relevant parties at relevant pricing.
Harrop tells us the research is “intended to assist investors, participants and intending participants and users… mostly in the form of easily assimilated infograms, roadmaps and forecasts.”
In any case, we’re told that “the report is about nodes that sense, learn, gather data and initiate reports and action using IP addressed sensor nodes to process and send information,’ and that it is ‘realistic and analytical, not evangelical.”
Consequently, we are told that the company’s forecasts “do not repeat the mantra about tens of billions of nodes being deployed in only a few years. The many analysts sticking to such euphoria ignore the fact that, contrary to their expectation, very little IoT was deployed in 2016. They are ‘bubble pushing’ with their forecasts, predicting ever steeper take-off to the point of physical impossibility. That is a triumph of hope over reality.”
Boasting of the company and its analysts’ “global travel, interviews, conferences and research” by the company’s “multi-lingual PhD level analysts located across the world’ does lead it to believe that ‘a large market will eventually emerge but not primarily for nodes, where our price sensitivity analysis and experimentation shows commoditisation rapidly arriving.”
Pointing to Cisco correctly noting this it is a pre-requisite for success, Harrop says “the money will lie in the systems, software and support examined in this study, though we also look closely at node design to reveal all the impediments to progress as well as the things coming right and the potential for enhanced functionality and payback.”
Indeed, this is where security comes into play, with Harrop giving the example that “the ongoing major breaches of internet security with small connected devices sit awkwardly with system and software manufacturers’ claims year after year that they have cracked the problem.”
Harrop continues, stating: ‘the most primitive IoT nodes have an actuator and no sensor as with connected Raspberry Pi single board computers retrofitted to air conditioning for remote operation. We have talked to the CEO of Raspberry Pi, to systems and node suppliers, academics and many others and assessed their replies.
“IoT centres around things collaborating for the benefit of humans without human intervention at the time. It does not include the Internet of People which is a renaming of the world of connected personal electronics operated by humans: it has completely different characteristics and it is cynical to conflate it with IoT.”
Nevertheless, says Harrop, “we show how IoT nodes can be on people and quantify the appropriate part of wearables market because is relevant. The report explains further with a host of examples and options, even giving forecasts for agricultural robots following several respondents seeing agriculture as an important potential IoT market.”
Harrop proudly boasts: “Because we run our own IoT events, we get the inside track first.”
“As IoT moves to higher volumes – billions rather than millions yearly,” says Harrop, “the nodes will typically not be hard wired: wireless nodes will have battery power and increasingly energy harvesting (EH) on-board because it will be impractical to change batteries. We consider the unsolved problem of suitable EH and the possibilities for solving it.”
Harrop adds: “The largest potential applications will be multi-sensor so, for many reasons, component count will increase making cost reduction more difficult. We look at expenditure on IoT enabling technology which currently runs to billions of dollars yearly, mainly coming from governments and aspiring suppliers. However, we reveal how most of those reporting these and other IoT figures are puffing their data with things that may never be a part of the IoT scene such as sensor research in general.
“Expenditure on buying and installing actual IoT networks is much more modest, contrary to heroic forecasts made by most analysts and manufacturers in the past. IDTechEx was disbelieving about this for the last four years yet even our node forecasts have now been reduced in the light of what has happened, though our systems figures have been increased. It adds up to $20 billion in actual networks including nodes in ten years from now and rapid progress after that. See the number and dollar breakdown by application. Learn which players do what.”