There are literally billions of devices that are part of the Internet of Things (IoT). Beyond health trackers, internet-enabled light switches, and video doorbells, the IoT adoption by businesses has not kept up with the consumer use. And even then, a recent study found that while 81 percent of consumers are familiar with the IoT, only 26 percent own smart home devices. This interesting topic came to us from Digital Insurance in their article, “Why so many organizations sideline Internet of Things strategies.”
I joined the bandwagon late by only recently purchasing the smart speaker system and I confess, it was purely for the amusement factor. However, having the ability that is reminiscent of the clapper, to be able to shut off bedroom lights after you are curled up under a warm blanket and finished with your nightly reading, has been an unforeseen benefit.
As to the business world, companies are not realizing the benefits enough to completely invest time and resources to the automated system. Companies are installing connected systems here and there, but certainly not everywhere. Even broader at a city level, smart utility initiatives are often more a collection of point solutions than a broad and highly integrated IoT framework.
It may take some time before the fear of Skynet (my husband still will not speak to Alexa) fades away to convenience and actual revenue.
Melody K. Smith
Sponsored by Data Harmony, a unit of Access Innovations, the world leader in indexing and making content findable.