With all the buzz around the Internet of Things (IoT), many companies will jump onto the IoT bandwagon by creating software-defined IoT-widgets and management applications then distribute the IoT-widgets and hope for the best. However, without proper planning, this can be an expensive mistake.Cisco is forecasting that by 2022, the IoT will reach an economic value of $14.4 trillion. As the market continues to grow, we will see a plethora of bandwidth hogging IoT-widgets becoming available.
We know that IoT-widgets will generate data and most likely transmit this data across the Internet resulting in a larger volume of data transmission—just think about all of the chatty IoT-widgets sending telemetry through the network, a big shift from the current paradigm where devices share a few bytes of simple data from one widget to another and a perhaps a reason why the IoT is utilizing only 1% of the current network bandwidth. Right now, bandwidth isn’t a problem.
“The large U.S. wireless carriers require a certain Return on Investment to continue to build and maintain mobile networks and support the growth of IoT. Most IoT devices today provide a tiny fraction of the revenue that a typical smartphone generates in a month. The economics of IoT is a challenge for the wireless carriers today, and this problem will only grow over time as the number of connected devices grows exponentially in the next decade,” says Rob Chamberlin with VentureBeat.
IPv4 cannot handle the more than 1 billion IoT devices entering the market each year. With IPv6, we’re allowed 340 undecillion IP addresses, which can easily accommodate the IoT.
Some other reasons include:
As we move rapidly toward the Internet of Things, it becomes imperative to properly plan for the change. Having a data center that has already made plans to meet the required bandwidth and IPv6 requirements will go a long way toward helping you get ready.
As the Growth Marketing Manager at vXchnge, Blair is responsible for managing every aspect of the growth marketing objective and inbound strategy to grow the brand. Her passion is to find the topics that generate the most conversations. If you have a topic idea, feel free to reach out to Blair through her social platforms.