Story image

Australian companies demanding open systems for IoT

28 Mar 2017

When it comes to internet of things, open systems rule for Australian decision makers.

That’s the verdict of new IDC research, which shows IoT decision makers are putting a high priority on open standards for data and connectivity – deemed extremely or very important by 81% of organisations – and on open source software standards (63%).

Jamie Horrell, IDC research manager, says the results are ‘unsurprising’.

“IoT will be an open ecosystem of horizontally specialised players, bringing their own best of breed technology to the table,” Horrell says.

“Open standards are critical to interoperability and it would be a bold move to rely on proprietary standards or vertically integrated players to deliver operational transformation.”

IDC is forecasting the total Australian IoT market to be worth more than $18 billion by 2020, with that money being spread across traditional vendors and vendors who traditionally are associated with operational and industrial technologies.

The company says freight monitoring, manufacturing operations and connected vehicles will be the top three applications of enterprise IoT spending by 2020.

“This is the crux of IoT,” Horrell says. “IoT is not about driving IT efficiency but rather operational efficiency.

“Applications like supply chain are obvious targets for this.”

IDC is forecasting 2.7 million connected commercial vehicles in Australia come 2020, with a further 1.7 million pets and 1.8 million healthcare appliances connected, something the analyst firm says reinforces that IoT is about connecting things that weren’t originally intended to be connected to the internet.

However, the move to IoT is still raising some concerns for enterprises, with security and privacy the biggest perceived inhibitors for local deployments.

IDC says the Australian public remains nervous about how data is treated following recent well publicised security breaches and attacks.

Microsoft urges organisations to tackle data blindspots
Despite significant focus placed on CX transformation, over a third of Australian organisations claimed that more than one in five of their projects failed.
Raising the stakes: McAfee’s predictions for cybersecurity
Security teams and solutions will have to contend with synergistic threats, increasingly backed by artificial intelligence to avoid detection.
Renesas develops 28nm MCU with virtualisation-assisted functions
The MCU features four 600 megahertz CPUs with a lock-step mechanism and a large 16 MB flash memory capacity.
DOCOMO ranked world's top mobile operator in 5G SEP applications
NTT DOCOMO has been ranked the world's leading mobile operator in terms of applications for candidate standard-essential patents.
Exclusive: Ping Identity on security risk mitigation
“Effective security controls are measured and defined by the direct mitigation of inherent and residual risk.”
CylancePROTECT now available on AWS Marketplace
Customers now have access to CylancePROTECT for AI-driven protection across all Windows, Mac, and Linux (including Amazon Linux) instances.
Gartner’s top 10 data and analytics trends for 2019
Data is the fuel for the modern world, and analytics the engine. Gartner has compiled the top 10 trends to watch this year.
How CIOs can work with colleagues to drive new competitive advantages
"If recent history has taught us anything, it’s that the role of the CIO is always changing, and that it won’t stop changing anytime soon."