Security will be critical for M2M, IoT this year
Security will be "critical" for the development of machine-to-machine and the Internet of Things this year, particularly for endpoints and in the data center, says Strategy Analytics.
Security has often been an afterthought for M2M device vendors, cautions vulnerability management firm Rapid7. "This is only set to continue--we're already seeing network-enabled toasters, kettles, fridges and much more emerging. Unfortunately, researchers have found time and again that security issues abound on embedded devices, and they are typically very poorly patched," Rapid7 says in a statement emailed to eWeek.
In 2014, Strategy Analytics also expects development of open standards and over-the-top business models for M2M and IoT, which will disrupt the ecosystem of proprietary connected devices and platforms.
In addition, Strategy Analytics says that wearable devices and other lifestyle technology are opening up opportunities in the IoT ecosystem, as well as in health and wellness.
The research firm notes that giants such as General Electric are investing heavily in industrial automation tools, analytics and big data capabilities.
"The outlook for M2M and IoT in 2014 is hugely positive, but also more confusing than ever, as we see the robust industrial worlds of M2M and innovative, traditionally kick-starter-funded worlds of IoT collide more than ever in 2014. At the same time there has never been more interest, innovation and investment in this area, which is hugely positive," concludes Andrew Brown, executive director of enterprise and M2M research at Strategy Analytics.
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Current Analysis: Unguarded M2M endpoints pose enterprise security risks