With the year 2016 coming to a close, research firm Forrester has come up with its own predictions for what all we can expect from Internet Of Things (IoT) in the year 2017. In its report, “Predictions 2017: Security And Skills Will Temper Growth Of IoT,” Forrester mentions that IoT has the potential of fuelling the growth of businesses accompanied by multifaceted complexity.

Here are the predictions for the next year:

1) The world will get to see the first prototypes of smart contracts built on blockchain.

It has been a long time since researchers have been working on ways to enable reliable autonomous financial transactions by putting into use the much in trend nowadays blockchain technology so as to ensure distributed transactions. The first real-world experiments are scheduled to say the daylight finally next year.

2) Hackers will continue to use IoT devices to promulgate DDoS attacks.

Unfortunately, Hackers will still continue to exploit the vulnerabilities of various IoT devices to not just to compromise the devices, but also launch other attacks. Forrester thinks that the recent DDoS attack that hit a whopping 1600 websites in the United States was just the tip of the iceberg when it comes to the threat that the connected device pose to the world.

3) IoT will shrink and enrich mobile moments simultaneously.

Next year could see more mobile moments being on connected device, right from home appliances to cars to smartwatches and virtual assistants. All these connected devices will have the potential of offering a rich stream of data that will then be used by product and service owners to interact with their consumers.

4) IoT will be distributed across edge and cloud, boosted by Artificial Intelligence and containers

The year 2017 would see Internet of Things software being distributed across cloud services, edge devices, and gateways. The year would also witness IoT solutions being built on modern microservices and containers that would work across this distributed architecture. Further, machine-learning cloud services and Artificial Intelligence will be put to use to mine the data that would be coming in from IoT devices.

5) Vendors will be offering an array of wireless tech to support IoT field use cases.

A number of characteristics of IoT devices such as dense sets of connections, small bursty traffic, or long distances would be requiring some new forms of wireless connections, such as 3GPP’s narrowband (NB)-IoT, LoRaWAN, or Sigfox. IoT decision-makers will have to evaluate more than 20 wireless connectivity options and protocols.

6) There will be a large-scale IoT security breach.

The year 2017 could be the year that we could end up becoming victims of a large-scale IoT security breach. The fields that IoT has been rapidly adopted are the most vulnerable ones. This includes industrial asset management in primary manufacturing, fleet management in transportation, inventory and warehouse management applications in retail, and security and surveillance applications in government.

7) Vendors will be vying for IoT certification attention.

IBM, Cisco, Microsoft, and all the other major vendors will be pumping huge amounts of money in low- or no-cost training and certifications while also making sure that they the bar is kept high so as to ensure that the certifications hold considerable weight and value.

8) Vendors could absorb some of the cost of full home wireless coverage.

The year could see businesses, right from internet providers to security alarm companies acquiring technology such as mesh repeaters so as to get consumers over the whole-home connectivity hump and opening the need for their offerings.

9) Industry-specific certifications will take hold.

The year 2017 would see 10 industrial vendors coming together and jointly certifying their IoT-enabled products with enterprise vendors, something similar to what Rockwell Automation has done with Cisco.

10) New categories will drive consumer IoT faster than replacement products.

2017 will see two new categories being added to smart home tech that would be reaching as many as 10 percent of homes.

[Top Image- zircom.uk.com]

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