Internet of Things
Securing the explosive growth of IoT
How secure is the internet of things? Markus Nispel, CTO EMEA of Extreme Networks explains.
T
he Internet of Tings (IoT) has grown explosively over recent years, reshaping industries, cities, and our daily lives.
From smart homes to connected cars and industrial automation, IoT devices are now integral to modern infrastructure, with over 15 billion connected IoT devices worldwide. Tis exponential rise is driven by an ever-growing demand for interconnected systems that enhance efficiency, productivity, and convenience both at work and at home. However, as the IoT ecosystem expands, so do the complexities of managing vast networks and the associated security challenges.
Rise in popularity of IoT IoT devices offer a range of benefits that many industries have embraced, with the healthcare IoT market set to reach US$83.81bn in 2024, 140 smart cities in the world, and more than 3 in 5 manufacturers (62%) adopting IoT technologies.
16 | July/August 2024 Te key motivator for this massive growth is
increased efficiency. For instance, looking at smart cities, IoT-enabled traffic management systems can help optimise traffic flow, reduce congestion and emissions and improve experiences on the road for residents. In manufacturing, IoT facilitates real-time monitoring and predictive maintenance, significantly reducing downtime and operational costs. Additionally, IoT devices in healthcare, such as wearable fitness trackers and remote patient monitoring systems, can help improve patient care by providing continuous health data to medical professionals. Te rise in popularity is also owed to the
potential for energy savings and sustainability. Smart grids and intelligent energy management systems use IoT to optimise energy consumption, leading to reduced utility costs and lower carbon footprints. Moreover, IoT-driven automation in homes and businesses can lead to a more efficient
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