IoT- what the CIOs need to know?

By / April 21, 2017 /

Internet of Things (IoT) has been on the forefront of tech industry discussions for the past few years. However as an organization’s CIO, you need to answer whether or not your organization is a part of the IoT revolution yet? Is your organization reaping benefits or the connected things yet? Whatever the case may be, IoT is already changing the way business works, irrespective of the industry in question.

If you wish to know more about “IoT and how to make the most of it”, you can read our relevant post on it. If you are considering implementation of IoT, here is a list of things that you must be aware about:

What are the requirements?

The very first question that comes on the way to successful IoT implementation is what kind of infrastructure needed for it? Whether you would need smart devices or will it adapt itself to the existing system you have? These questions actually become the base for deciding whether or not you are going to adopt this advanced technology. It is vital to note here that IoT implementation does not necessarily mean a huge investment in the infrastructure needed. It can merge with the existing infrastructure available by installing sensors, depending upon what level of implementation is expected.

Will it have an adverse affect on the job opportunities?

There is a general misconception that IoT will challenge the job opportunities for skilled workers and will endanger their jobs. However, this does not hold very true. IoT is mainly used to collect and aggregate data, which can further be analyzed by skilled workforce for taking better decisions and thus for the overall growth of the organization as a whole.

What is the cost?

Being the CIO of the organization, one of the major questions that you need to answer is what is the implementation cost of IoT? The answer to this question is vital and is in most cases the deciding factor in implementation of IoT. The cost is mainly a sum of the cost of infrastructure update, installation costs, cost of purchasing new infrastructure, hidden costs, etc. An appropriate estimate depending upon the features you need is what makes things clear for the decision making process.

What is the security?

The IoT network and the connected devices shall be safeguarded against any possible threat or damage that might occur. This shall be considered well in advance and measures shall be in place to ensure such negative outcomes are prevented. Compromising on the security front may lead to adverse effect on the organization as a whole.

Automation or beyond?

Is IoT just automation or there is more to it? Automation is without a second thought the most important part of IoT implementation. However, IoT has a much wider spectrum than just automation. IoT defines a network, monitors data and helps in improving the overall process.
What are the protocols?

IoT uses the following set of protocols, e.g. MQTT , CoAP, Node, AMQP for data protocol; Weave, IoTivity, Homekit, Alljoyn for Multi-layer Frameworks; uCode, IPv6, EPC, URIs for identification; OMA-DM, TR-069 for device management; etc. It is better to use these IoT protocols in place of assigning one of the OSI model layers to each of the protocols.

How IoT analytics is managed?

IoT involves collection and analysis of huge amount of data and interpreting the results to take meaningful decisions for the betterment of the organization as a whole. The services of data scientists and visualization experts can be taken if your organization needs help with respect to the analysis of data and deriving outcomes based on it.

The Epilogue

Internet of Things is here to stay. Thus, it is very important to manage it effectively for the overall benefit of the organization. If you still have anything that needs a clarification on, feel free to talk to our IoT experts and dig deeper into the amazing world of IoT to reap its benefits.

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