Cisco On The Future Of Smart Cities
Feb. 17, 2020
With some analysts projecting a trillion IoT-enabled devices to be in use around the world by 2035, defending the IoT ecosystem is becoming more crucial as emerging technologies spread across business sectors and spark the development of smarter cities, homes and automobiles.
Across the Intelligence of Things (IoT) Space
Concern about the IoT ecosystem’s vulnerability to hackers was underscored by recent reports that 2019 marked a record high for data breaches, far surpassing industry estimates. One study reported that 7,098 breaches exposed 15.1 billion records last year, calling it “the worst year on record” and noting that the number of records exposed was 284 percent higher than in 2018. The information and healthcare sectors suffered the highest number of breaches, the report found.
Some firms consider blockchain to be a sound digi
While some companies are using IoT applications to protect their operations, others are tapping it to improve market share. Competition is what Beijing-based Luckin Coffee had in mind when it launched its unmanned EXPRESS coffee machine and Luckin Pop Mini smart vending offerings. The company outfitted the devices with IoT and facial recognition technologies and placed them in airports, gas stations and office buildings, among other locations. Lucki
Cisco Uses IoT Security To Build Smart Cities
It is projected that the global IoT smart cities market will reach $219.6 billion in three years, up from its 2018 value of $79.5 billion. Producing networks that safely and swiftly direct heavy data flows between disparate networks in smart city projects is no small feat, however, and providers’ success hinges on navigating the challenges of coordinating different services. In this month’s Feature Story, Vikas Butaney, vice president of product management at Cisco , explains why security is smart city developers’ top priority and how the technology and software solutions provider’s new Cyber Vision offering gives clients comprehensive security architecture to keep up expansion efforts.
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The Intelligence of Things Tracker showcases companies leading the way in all aspects of IoT.
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