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Have We Already Bored of Predicting IoT?

If you have read my post “Will finally be 2017, the year of Internet of Things? I do not think so.” you will have confirmed there were some analysts and companies who guessed and others who did not hit the bullseye.

As usual, numerous predictions about the Internet of Things (IoT) appear at the end of the year, some with foundation, others by interests and others by opportunism. Although I notice a certain fatigue this year perhaps due to the appearance of other cooler technologies or very likely to the lack of success and few differences from previous predictions. 

It may also be the last time I write an IoT prediction article.

Let's start by reviewing some of the 2017 predictions.

Successes and failures of IoT 2017 predictions

Sorry Morgan Stanley but 2017 has not been The Year Of Internet Of Things however is true that there is less hype around IoT.

Yes Forrester, we continue worried that there will be a large-scale IoT security breach.

As not many large IoT projects in 2017, the role of System Integrators has not been as important as IDC predicted.

Have you seen, Analysys Mason, key developments in LPWA technologies, connected cars and smart cities?

Who now, MachNation if Internet of Things platform revenue grow 116% in 2017. There are only financial numbers but we all agree with Sandhill that still many doubts how “Choose your platform.

It is true Forbes “The Internet of Things (IoT) is still a popular buzzword, but adoption will continue to be slow.” 

I have to say that Judith Hurwitz and Associates, were right that the growth will be in industrial sector rather than the consumer sector.

Hard to fail if you consider what Moor Insights & Strategy predicted: IoT is still in its infancy in terms of dollars and deployments, and that can’t last much longer, before market frustration sets in

Brave, ADLINK and FreeWave Technologies, Inc predicted that Edge computing will become a mainstream term for IIoT. 

Internet of Things Institute - “Recruiting Will Remain a Challenge for Organizations with IoT Initiatives” and sorry Teradata not many companies looking for Internet of Things architect role.

Tier-1 operators in the US and Europe happy with Northstream because IoT revenues contributing up to 3% of total revenue in 2017. 

Telefonica IoT and Cisco Jasper trusted that LPWA expansion to harness the growing IoT.

What will be of IoT in 2018?

According with Ericsson, in 2018, mobile phones are expected to be surpassed in numbers by IoT devices.

It seems that 2018 will be the year when AI and IoT will converge. But it will also be the year in which the CIOs will be busy integrating device management into overall IT infrastructure in a way that doesn’t overwhelm the organization. This is where the adoption of application robots, natural language processing (NLP) and AI automation of processes will come into their own, offering intelligent management of IoT deployments cheaply and efficiently. 

However, 2018 will not be the year of Blockchain and the IoT, because although Blockchain-based IoT adoption rises to 5%, Blockchain is not yet ready for large scale deployments requiring reliability, stability and seamless integration with existing technology infrastructure. But promising pilot projects are beginning to emerge and the maturation of IoT and blockchain technologies and products will drive blockchain adoption in 2018.

To reinforce the ongoing investment across the industry Gartner’s Strategic Trends for 2018 back up the focus on IoT with Intelligent Things, Digital Twins and Cloud to the Edge all making the list for the coming year. 

On the other hand, Forrester affirms that finally 2018 will be the year in which the Internet of Things moves from "experimentation to business scale". Forrester also predicts that IoT platform offerings will begin to specialize in “design” and “operate” scenarios.

Punctual to his annual appointment, IDC makes its Worldwide IoT 2018 Predictions. 

One more year, Citrix leading thinkers also share their predictions.

A small  startup, Imagimob considers 6 trends in the IoT and Industrial IoT-IIOT in 2018. As you can imagine Low Power Area Networks (LPWAN), Edge computing, AI on the edge and Blockchain are included.

IoT Security repeat predictions in 2018. Forrester in the same line predict More cyber threats and design specialization.

Fog Computing, Security, and Smarter Decisions are IoT Predictions for 2018 by Saar Yoskovitz, CEO of Augury, a preventive maintenance company.

The State of IoT In 2018 for Marketers: We’re going to experience a massive increase in the number of digitally connected devices, changing the game for marketers across the globe.

IoT 2018 – the next stage: the IoT of integration, value and action

IoT Will Move From Experimentation To Business Scale - 

5 IoT trends that will define 2018 - In 2018, IoT-based ventures will have greater access to startup capital and be taken more seriously in the market. 

Only one wish for IoT 2018 from my side

In spite, I am not in this list of 17 Experts Tell The Most Exciting IoT Trends to Watch for in 2018, I have a wish for 2018: 

“I hope that in 2018, all proofs of concept become successful projects and that the most innovative startups resist the temptation to be acquired." 

Thanks, in advance for your Likes and Shares.

 

Francisco Maroto - Profile <a href="https://es.linkedin.com/in/franciscomaroto">https://es.linkedin.com/in/franciscomaroto</a>

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Comments

  • Dear Francisco

    I appreciate  and say you are a brave man. The industry is booming while majority of peole do not even understand what IoT and IIoT means. Read my paper "Not all Devices are IoT and IIoT" and it explain the whole story: 

    https://ics-cert.us-cert.gov/sites/default/files/ICSJWG-Archive/QNL...

    https://ics-cert.us-cert.gov/sites/default/files/ICSJWG-Archive/QNL_JUN_17/ICSJWG_QNL_June%202017_S…
This reply was deleted.

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