Blog, Events & Press

10 Nov

We’re at the IoT Turning Point

Nobody knows exactly what the future will hold.

But what we do know is that the Internet of Things – the network of physical objects embedded with software and sensors that enables these objects – is here. And it’s here to stay.

IoT hasn’t reached widespread adoption just yet, but use cases continue to increase as organizations answer the question, “What benefit does connectivity offer my application?” [read our recent survey findings on IoT adoption]

Here at SevOne, we are excited to see the power and promise of IoT come to fruition in the next few years. Here are a few key points to consider as IoT takes off:

The number of IoT devices will hit 4.9 billion.

One year ago, Gartner predicted that 4.9 billion things will be in use by 2015. The organization is also forecasting that 25 billion connected “things” will be in use by 2020.

“The digital shift instigated by the Nexus of Forces (cloud, mobile, social and information), and boosted by IoT, threatens many existing businesses. They have no choice but to pursue IoT, like they’ve done with the consumerization of IT,” said Jim Tully, vice president and distinguished analyst at Gartner.

Consumer applications will drive the number of connected things, Gartner reports, while enterprise will generate IoT revenue.

Annual Global IP Traffic will surpass the zettabyyte threshold in 2016

Annual Global IP traffic will surpass the zettabyte threshold in 2016.

Zettabyte might not yet be in our vocabulary. But Cisco thinks it should be.

The zettabyte – a measure of storage capacity – is 2 to the 70th power bytes. To simplify things, use Cisco’s example. “If the 11 ounce coffee on your desk equals one gigabyte, a zettabyte would have the same volume as the Great Wall of China.”

Annual global IP traffic, Cisco says, will surpass the zettabyte threshold in 2016 and the two-zettabyte threshold in 2019.

Mobile broadband subscriptions will reach 3.5 billion.

According to Ericsson’s 2015 Mobility Report, smartphone subscriptions are expected to more than double by 2020.

“2014 saw more than 700 million smartphone subscriptions added, due to the addition of new subscribers and existing subscribers exchanging their basic phones for smartphones. It took over five years to reach the first billion smartphone subscriptions, a milestone that was hit in 2012, and less than two years to reach the second billion,” Ericsson says.

Globally, 3.5 billion smartphones will exist by 2020; 80 percent of smartphone subscriptions added from 2015 to 2020 will be from Asia Pacific, the Middle East, and Africa, Ericsson says.

Fixed broadband subscriptions will reach 1 billion.

Technology market research firm Infonetics Research forecasts that fixed broadband subscriptions will reach 1 billion by 2019, and China is leading the effort.

“Fixed broadband subscribers grew 8 percent in 2014, reaching 733 million as service providers around the world continue to steadily add subscribers. This is a reflection of the importance of broadband connectivity in the daily lives of individuals and businesses, governments and other organizations,” said Jeff Heynen, principal analyst for broadband access and pay TV at Infonetics Research, now part of IHS.

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No matter how you look at it, the numbers associated with an all-IP connected world are monstrous.

In addition to the challenge posed by the cumulative data generated by IoT devices and the additional load on digital infrastructure, network and IT teams will also have to monitor the performance of the devices themselves.

This will force them to abandon traditional – and less secure – protocols such as SNMP in favor of monitoring JSON or AMQP metrics. When gathering performance metrics from IoT devices, organizations need to look for a monitoring solution that takes a data agnostic approach to collection.

To learn more, download SevOne’s whitepaper, “5 Proof Points The Internet of Things Is Impacting IT in 2015.”

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