For those of you still asleep, IoT is short for the Internet of Things. IoT is a system of interrelated computing devices that can transfer data over networks without human intervention. Simply put, IoT lets device-to-device interaction without your involvement. It’s a machine-to-machine interaction (M2M).
How does it work? Think of all the things in business, life and your imagination where you can pre-program an event or action without even thinking about it. Simple things like having your car drive you to a meeting, automatically turning lights on and off, and so on. Or complex things like “smart cities” managing traffic, energy, and communications. The implications? No truck, bus, taxi drivers. No need for car insurance companies. Hundreds of thousands of people will need to find other work.
How does this huge wave of technology change affect your future? Let me count the ways:
Research says that there will be from 10 to 34 billion device connections by 2020
$6 trillion will be spent on IoT solutions over the next 5 years
Businesses, government and consumers will be the users looking for solutions to:
- Lower operating costs
- Increase productivity
- Expand to new markets
- Develop new products
JOBS WILL FLOURISH for those who can contribute to this next technology wave. Anything that can be connected will be connected.
The Cloud is the key. The cloud enables the apps to do what you want it to do. App’s will interpret and transmit data coming from sensors in each device.
Jobs will be abundant in IoT solutions, including application development, device hardware, system integration, data storage, security, and connectivity. The supply/demand equation of skills will be grossly out of balance, which gives you time to prepare. Hiring decisions will be made if you have basic skills, then trained to the system
Now is the time to find out more and prepare to be on the front end of hiring
This is a fundamental shift in how things are designed, made, used, expanded, serviced, updated, and modified. It’s as revolutionary as the introduction of the computer. The difference is the compression of time. The computer took longer because of a learning curve. With the IoT, the learning curve is minimal as the app can be changed with a click.
So what’s the downside? Security: How does all this information and device access stay secure? Hackers will have a field day until the technology catches up with the usage. The upside? A world of opportunity for those who get the training in prevention and security: Devices, data, systems, applications, privacy and so on. Companies need to figure ways to store, track, analyze and make sense of the vast amounts of data that will be generated, and then how to protect it all.
If you’ve ever wanted to be a part of a revolution, this is it.
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