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Are you prepared for IoT?

Posted by: Roisin Evans 25 Apr 17  | Current Issues |  Technology
IoT professionals have been working quietly in the background for some time now, it’s all about to change. This is said to be the year of IOT’s explosive launch into our everyday lives.

Things are about to get even smarter!

Companies like Airbus are set to transform our flying experience through technological advancements such as morphing seats, holographics and sound showers to ensure that future flights are as accommodating as possible. Amazon have been breaking through boundaries in the retail world with their soon to launch Amazongo store, meaning that standing impatiently in queue to grab your goodies will be a thing of the past!

The public’s acceptance of smart tech’s place in our lives is evident through Phillips Lighting impressive 1Q17 figures. Chief exec Eric Rondolat says their continued growth is largely due to the “double-digit growth in our business groups LED and Home divisions”, which made up 61% of their total sales.

The IOT world is set to hit the ground running but are businesses prepared for the IoT revolution?

If the recent study “The Impact of Connectedness on Competitiveness” is anything to go by, the answer, in short, is no. The study interviewed 350 executives of IoT forward thinking companies and concluded that there is an alarming rate of skills shortages in specialist IoT and smart city expertise.
  
If businesses are able to unlock the full potential of IoT it could give business’s the opportunity to gain considerable competitive advantage, setting them a cut above the rest. However, with only 7% of Chief’s believing that they have the correct skills in place, it could mean that an upcoming skill shortage could hinder this opportunity.

Good news for you IoT extraordinaires however, as it could mean a surge in IoT roles. This surge for IoT talent will increase competition between companies in a bid to secure the best talent.

Battle of the skills gap:

So what sort talent will companies be battling over to ensure there company is IoT ready?

Executive’s have identified key areas for future requirements for businesses are:

  • New technical skills: 51%
  • Data integration and analytics capabilities: 41%
  • Business model experts: 33% 

What can be done to win the battle of the skills gap?

The skills gap is a hot topic for anyone in the IT industry at the moment, so let’s see what solutions the experts have for IoT specifically…

Last year, at the Smart Industry conference, Dan Mcgrath (product line manager) joined a panel to discuss “bridging the industrial IoT skills gap”. His answer to the shortage was to upskill current workers in areas such as; EtherNet/IP, physical infrastructure, security, wireless, virtualization, mobility and remote access which are required for IoT to function.

Other experts support the idea that upskilling is the answer to the phenomenon. It’s suggested that workers from all IT backgrounds will have adaptable skills which will enable them to work within the IoT sector.

However, according to Ulf Henriksson president and CEO of Dematic, companies need to become more productive when it comes to IoT. He states, “Many companies are waiting for IoT to be defined before they take action and invest. You have to define it yourself so you can tie a solution to it.”

It’s clear that there are exciting times ahead for the IoT industry, but in order to be successful companies will be have to be more proactive in how they plan to incorporate IoT into their business.


 

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