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In November, in a dive into what is driving enterprise interest in the Internet of Things (IoT) we found that, for the moment at least, enterprises are still wrestling with the problems the IoT poses rather than harvesting the benefits that it offers. There is nothing unusual in this given that the IoT is still a relatively new phenomena and there are considerable — and justified — security fears dominating enterprise strategies around the IoT.

But will security dominate IoT this year? And what about the Industrial IoT — will it move further away from the IoT as some have suggested or will they become closer? At the beginning of 2016 we saw that the really big tech vendors likes Microsoft were dedicating significant resources to building IoT incubators that would focus on enterprise, industry and smart cities. However, now, with security solutions getting “smarter” and enterprises actively looking to harvest consumer data harvested from the IoT, the connection between IoT and Industrial IoT is getting narrower and closer to Cisco’s idea of the Internet of Everything (IoE).

Mark Barrenechea, OpenText CEO and CTO shared that while we might not feel the immediate effects of the IoT, its potential impact is huge. Advances in IoT-connected biotechnology will take healthcare to the next level, with around-the-clock monitoring, targeted treatment, and even automated doses of medication. In smart cities, when everything is connected to the IoT grid, autonomous vehicles will eliminate car crashes caused by human error to save one million lives annually. “In the Intelligent Enterprise, the IoT will connect the global supply chain from end-to-end, enabling pervasive visibility, proactive replenishment, and predictive maintenance. With the IoT, data-driven decision making will become standard in all industries and in our daily lives,” he says. So what will happen with the IoT and the Industrial IoT, and what will enterprises be doing to optimize their investments?

read more at cmswire.com