IoT in 2017: Top Predictions from Market Experts

By WPG AmericasJanuary 10, 2017

Although 2016 was a successful year for IoT, 2017 promises to be even bigger. With the number of connected devices adding up like never before, experts believe trillions will be spent on IoT solutions over the subsequent years. The money influx on the Internet of Things will drive a huge upsurge in the quantity and quality of connected technology that will influence our everyday activities this year.

Figures showcased early on in 2016 by Gartner Research predict that by 2020, over 20 billion connected things will be in use across the industrial spectrum. Let's pick up on some of the thoughts and predictions on where IoT is heading for in 2017, as shared by top industry analysts.

1. IoT Will Rule the Omnichannel

The impact of IoT will be felt throughout the marketing world, says Sandy Carter, CEO and founder of Silicon-Blitz, a 'Digital Influencer' named by Forbes in 2016. “Omnichannel has been a hot topic owing to its focus on a single face to the customer." The merging effect of digital and physical environments across a varied range of channels will create greater opportunities to influence and measure customer behavior beyond conventional purchasing modules. With IoT, getting a single window view into the data becomes a lot easier, be it a B2B or a B2C company. The increasing flow of IoT sensors, beacons, subscriptions, and digital capacities will dramatically change the way businesses meet and manage customer relationships.

2. “Things” of the Internet Likely to Grow Up

The initial gap between the consumer-oriented Internet of Things and the other domains of IoT, which varies across multiple fields ranging from transportation, agriculture, construction, healthcare, and utility services, has significantly decreased in the recent years. “Everything we do will change when IoT is fully leveraged,” says Vinay Anand, VP & GM, ClearPass Security, Aruba (an HPE company). For a usual end user, the prominent benefits of IoT will come from enhanced user experiences. IoT's capacity to support real-time data processing coupled with historical analysis will improve the utility of these devices and the quality of human life as well.

3. 2017 Will Witness the Rise of Connected Cars

Innovative technological advancements in IoT will make cars smarter, enabling them to directly communicate with their ecosystems in real time. IoT-powered intelligent cars will help drivers access a variety of features, ensuring convenience and a safe drive. Among other developments, the addition of an ‘invisible concierge’ system is in the cards, which will correct human irregularities, for instance, automatically closing the open sunroof after a user has locked the doors. Connected cars, in collaboration with top automotive manufacturers and designers, is one of HPE’s foremost priorities for 2017.

4. Data Will Migrate to the Cloud

In 2017, a major chunk of the collected data will move to the cloud, predicts Timothy Chou, a leader in bringing enterprises to the cloud since 1999, when he started his tenure as the President of Oracle. And it won’t probably be on SQL, he says. “Maybe we’ll see purpose-built collection services, and one of the big purposes will be to use AI algorithms to recognize not only someone’s speech but also how to optimize the operations on a machine,” Chou explains.

5. Next Year Will Create Employments in the IoT Sphere

"The surge in IoT will produce a surge in edge computing and IoT operational design. 1,000s of resumes will be updated overnight,” says Dan Graham, Internet of Things technical marketing specialist at Teradata. Today, not even 10 percent of the companies realize they lack an IoT analytics architect, a separate species altogether from IoT system architects. Enterprises will require new staff roles, which will inflate the demand for people with specific IoT skills. "The Internet of Things architect role will eclipse the data scientist as the most valuable unicorn for HR departments," adds Graham.

2017 will harness the limitless potential of the Internet of Things, introducing new approaches, models, and solutions to businesses. Open data platforms, low-power wireless access networks, and system integrators will be the key drivers, but the prime trend for 2017 will perhaps center around IoT security, with an increasing number of agencies focussing on tightening the Internet to make it more resilient.