Global Consumer Internet of Things (CIoT) Market to hit USD 143.5 Billion By 2025

Vivo

New York, NY, Feb. 26, 2019 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Consumer Internet of Things (CIoT) Market by Node Component (Sensor, Logic Device, Processor, Connectivity IC, and Memory Device), by Network Infrastructure (Storage, Gateway, Ethernet Switch and Routing, and Server), by Solution (Software and Platform), and by Application (Home Security and Smart Domestic, Wearable Technology, Personal Healthcare, Asset Tracking, Smart Office, Smart Homes, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025’’. According to the report, the global consumer internet of things (CIoT)…

Globaldata: Artificial Intelligence (AI) more crucial for IoT than Big Data insights

Artificial intelligence won’t solve every problem, but its current applications are already fundamentally reshaping the way we do business and collect data. While the development of the internet of things has revolutionized heavy industry, online shopping, localized data collection and virtually every other aspect of modern life and business, innovators are still struggling over the future of the IoT, and how they’ll get there. While many see big data as the driving engine behind the IoT, savvy investors and entrepreneurs have shown that the real power behind the interconnectivity phenomenon…

IOT and cybersecurity: tomorrow’s threats today

A growing number of devices and appliances are now getting connected to a network, and to each other, to provide additional, enhanced features. We are beginning to see some of this potential being realised and the number of connected devices is growing fast. Cisco predicts that 50 billion new devices will be connected to the internet by 2020. Additionally, IoT connected cars are able to monitor and adapt to both internal performance quality and external environment, allowing modern cars to provide a new level of safety that was before unattainable.…

Security of IoT Devices to Be Rated for First Time

IoT standards groups are emerging to address issues of inter operability, communication protocols and security. Consumer Reports will begin considering the cybersecurity and privacy safeguards of products when rating them – a long overdue move perhaps, given Internet of Things device manufacturers have previously been accused of doing the barest minimum to protect consumers. The firm will steadily implement the methodologies across its reviews, starting with test projects evaluating a small number of products. The move follows a surge in cyberattacks which have exploited vulnerabilities in Internet of Things devices such as webcams, routers, digital video…

Security Concerns Rising in the Age of IoT

IoT has gone mainstream. Home refrigerators are chattier than ever, and emerging virtual home assistants can order wings for dinner, turn on lawn sprinklers, start the car and purchase pounds of cookies. Yet behind the headlines of these gee-whiz cyber technologies lurks a shortcoming. It is one that poses significant threats to national security but could be remedied fairly easily, some experts offer. The mobile device and sensor industries lack uniform security standards and a system of checks and balances—something akin to the safety standards for electrical devices and components…

Increased ransomware and IoT hacks predicted in 2017

banking security

2016 saw companies rocked by over 90 million cyberattacks. In 2017 the number could double. Cybersecurity expert Sameer Dixit explains how new innovation leads to increased vulnerability. The threat of cybercrime looms ominously over companies and individuals. To raise awareness of the growing threat, October is National Cyber Security Awareness Month in the United States and Europe. The economic damage caused by cybercrime is massive and quantifiable. In 2016 companies and individuals will be hit by 90 million attacks. That’s 400 raids every minute. Nearly 70% of of these attacks…

Vodacom Nigeria Trains 25 Female Students on IoT

1Gbps

Vodacom Nigeria trained 25 female students on IoT as part of its support for the Girls In ICT program, Vanguard reports. The students learned how IoT is used in ensuring people’s safety and in securing the world today. The girls got a chance to tour the company’s facilities which exposed them to the importance of connectivity and data security. Vodacom hopes that by training female students in matters ICT, they will help in demystifying the myth that ICT is a male dominated field and in so doing encourage more female…

How can Financial Institutions make IoT Technology payoff?

Deloitte have produced a new fascinating report about the size of the market for the Internet of Things (IoT).  Here’s the management summary and you can download the whole report here . Can financial services, which deals mostly with the intangible, benefit from Internet of Things technology? Absolutely—and not only from more and better data about clients’ physical assets. IoT Technology applications aim to transform finance along with every other sector. IoT may be as broadly transformational to the financial services industry as the Internet itself, and leaders should make…

Technology Shapes Future Work

Tech Shapes Future Work

Technology plays a vital role in shaping the work and businesses of the future. Here are several ways in which technology can chart a path for the future: Automation and Artificial Intelligence (AI): Automation and AI technologies are transforming various industries by streamlining processes, reducing costs, and increasing efficiency. Repetitive and mundane tasks can be automated, allowing employees to focus on more complex and creative work. AI can also provide data-driven insights and decision-making support, improving business outcomes. Remote Work and Collaboration Tools: Advances in communication and collaboration technologies enable remote work…

Meta moderation panel receives appeals

Meta and Social media

Meta moderation panel receives a appeals The owner of Facebook a Meta moderation panel receives a million appeals against removed posts. Instagram set up the oversight board as an independent body to give users the chance to challenge the company’s often contentious decisions about social media posts. For those updating statuses or posting pictures still on Facebook, you would know posts that include violence, hate speech, or bullying will be taken down But what if Meta gets it wrong? and the content you post isn’t harmful in any way? Meta’s…