What seemed like a comfortable device has evolved into a world of inspiring apps that run in the cloud and connect multiple devices.
Whether you want to drink a coffee right after waking up, check your energy consumption, or even set the perfect temperature before entering your bedroom, all with one click. Your smartphone can control half of your daily tasks. The Internet of Things (IoT) is rapidly integrating with all business and consumer products. However, some myths surrounding this technology are starting to circulate. Among the many mistakes we can find, here are the five most common misconceptions:
Myth #1: IoT is just another word for Machine-to-Machine.
IoT has many aspects of M2M where data is transferred between devices, but it encompasses much more than any specific M2M domain requires. The Internet typically has one or more hosts acting as central storage and management systems for IoT. IoT also refers to remote monitoring and control, a mobile device such as a smartphone or tablet with an application that communicates with devices like smart switches, smart lights, etc.
Myth #2: There are no security risks for organizations using IoT.
As with any technology, mass deployment of these devices poses certain risks to the organization. With more than 75% of IoT assets lacking adequate data protection, organizations (especially target industries such as finance) must be aware of the potential risks. By understanding the threat landscape, companies can implement appropriate data security measures to neutralize hardware and software vulnerabilities inherent in these devices.
Myth no. 3: IoT is about consumer electronics.
After all, the Internet of Things is a broad genre. This includes consumer and business mobility. However, little progress has been made in the business sector, so most users only limit their options to the consumer sector. Myth #4: IoT devices must have a wireless connection.
Typically, IoT devices can be transient connections but must have some level of connectivity to connect to cloud-based hosts, peers, or routers. While there are many wireless IoT devices, wired devices can connect using various technologies, from Ethernet to USB. Myth #5: Delivering IoT products is easy
All vendors selling IoT development solutions believe this, but enabling IoT devices to communicate with user applications is only the beginning. A typical IoT development kit can do this in the afternoon. However, the challenge lies in migrating from one IoT device to many, then managing and monetizing it while maintaining reliability, security, and privacy.
In general, there are many things on the Internet that you can rely on for this technology. However, evidence is hard to come by. Therefore, when introducing new technology, it is important to do your research first and ignore myths and misconceptions.