Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
    media monitoring
    Signals In The Noise: Using Media Monitoring To Manage Negative Publicity
    5 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: The Internet of Things: Realities of an Interconnected World
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Exclusive > The Internet of Things: Realities of an Interconnected World
Exclusive

The Internet of Things: Realities of an Interconnected World

Semcasting Emory Paine
Semcasting Emory Paine
3 Min Read
SHARE

Welcome to the world of the Internet of Things.

Welcome to the world of the Internet of Things.

The Internet of Things (IoT) is the name for the growing network of physical devices that include embedded sensors to collect and exchange data with users, manufacturers, or other devices. The Nest thermostat, one well-known example, gathers data on home temperature preferences in order to optimize usage. The Fitbit wearable device, which monitors your physical activity, is another common “thing” contributing to the estimated 127 new things connecting to the Internet every second.

You may think of this information as a personal convenience. After all, shaving a few dollars a month off the heating bill and knowing how many calories you burn during a run helps you live your life easier. However, the reality is that these companies aren’t just collecting data to raise your standard of living – they’re collecting data for themselves, their stakeholders, and their advertising agencies. Data on what you do, when you do it, and what you do it with.

More Read

Lookalike Audiences: How to Find and Engage Them Using Big Data
5 Ways Data Analytics Helps Us Understand the Student Lending Crisis
How Do Banks and Other Financial Institutions Benefit from AI
Side Hustle Ideas for Experienced Data Scientists in 2022
Big Data Helps Brands Avoid 4 Common Mistakes With Scaling Sales

Now, advertisers can not only follow you home, they can follow you to your kitchen table. They know whether you paired your dinner with beer or wine, and how many bottles you have left in your refrigerator. They know when you wake up, when you leave your home in the morning to go to work, and they know the route you take to get there.

What’s in place to make sure that developers protect your privacy? Well, not much. The government is literally years behind understanding what the IoT is in the first place, and the only real report on the subject came from the Federal Trade Commission this past January – the full force of which only gave a recommendation that companies take a more active role in putting security in place before they get ahead of themselves with data collection. The reality is, developers are thinking more about what they could do rather than if they should do it. A study last year found that the average IoT device had 25 identified vulnerabilities.

There’s no point in debating the ethics of whether this data should be collected or if the IoT should exist – it’s already here, whether the world realizes it or not. What needs to be focused on is how to shield users so their information is never at risk while these commercial efficiencies can still be realized.

 

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

AI driven big data company
How AI-Driven Workflows Are Changing the Way Companies Think About Data Risk
Artificial Intelligence Data Management Exclusive Risk Management
ai product development
Why Businesses Outsource AI Product Development Companies
Exclusive News
banking tools
The Fintech and Banking Tools Global Entrepreneurs Rely On
Fintech Infographic
business using business intelligence
How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
Analytics Big Data Exclusive Marketing

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

software development data
Big DataExclusiveSoftware

New Software Development Initiatives Lead To Second Stage Of Big Data

12 Min Read
AI startups and ChatGPT
Artificial IntelligenceExclusive

New AI Startups Surpass ChatGPT for Legal Solutions

5 Min Read
ai in business
Artificial IntelligenceExclusive

Can AI Help You Build Better Business Relationships?

8 Min Read
blockchain technology
Blockchain

The 4 Major Applications of Blockchain Technology

7 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

giveaway chatbots
How To Get An Award Winning Giveaway Bot
Big Data Chatbots Exclusive
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?