July 25th, 2019
Harnessing the IoT phenomenon
By Jessica Hall
Over the last few years, the Internet of Things (IoT) has made a substantial progression into our everyday lives. With this comes an opportunity for Australia to grow exponentially in a variety of sectors; this is crucial as, if we truly do embrace the full extent of IoT and IT auditing, then as a country our companies will be some of the earliest beneficiaries of this new ICT and industry renaissance. At present, Australia is placed 11th in Accenture’s model of countries that are ready to embrace IoT potential; if we take full measures now, however, then we may well find ourselves in the top 10.
In the assessment “The internet of Things: Mapping the Value Beyond the Hype” published by the McKinsey Global Institute (MGI), predictions suggest that harnessing the potential of IoT could result in an additional impact of up to $116 billion by 2025 – that’s a mere six years away. As Australian industries have undoubtedly plateaued in recent years in terms of economic growth, we’re at risk of a country-wide retrogression if something isn’t done soon. IoT auditing and data management is the perfect gateway to avoid such stagnation. http://bit.ly/2ZbnQMv
So how do we go about such measures?
Firstly, one has to step back and view the sheer scope of IoT versatility. By 2020 there will be tens of billions of new devices to be interconnected via the internet, and the potential of where these can each be located is limitless. Whether it’s a smart meter in your home or a distant weather sensor on a remote station, anything can be accessed. Thus, a stronger method of network management needs to be implemented. In order to fully comprehend what Australia’s next steps should be, a clear set of data should be gathered; this is where IoT auditing comes in.
But why should we?
The auditing of IoT information can allow companies to develop a coherent data strategy in order to maximise their usage of the rise of the Internet of Things. Not only will this allow businesses to boom and expand into new industrial and commercial horizons, but it also creates room for the fixing of potential problems that may arise with IoT, such as implementation time and asset control. As our own Opmantek CTO Keith Sinclair says, “business processes are dependent on the transient. You simply can’t fix what you can’t see.” So as you can see, IoT auditing is essential if you wish to receive accurate data location of your assets and more in seconds.
And how do we go about it?
Luckily, Opmantek’s Open-AudI allows users to gain unparalleled visibility and clarity of your assets with the IoT space, giving the chance for enterprise growth on a global level. While most organisations struggle with a day-to-day capturing and analysis of data, Open-AudIT makes it simple and effective. Open-AudIT has the ability to intelligently scan an organization and collect significant amounts of data from large and varying networks, that is catalogued and configured into meaningful reports. If your business is missing something as incredibly unequivocal as the Open-AudIT, then contact us today to get a quote and a demo.