What is the Internet of Things?
The Internet of Things (IoT) is the massive network of connected things, which collect, share, store and use data. Smart IoT devices and systems are used in a range of industries to boost productivity and improve customer experience through the application of data.
IoT has the potential to improve business outcomes, but also introduces unprecedented safety and privacy risks.
Driven by IoT by 20251
“Connected things” worldwide by 20202
Records stolen, lost or exposed worldwide in 20173
Average total cost of a data breach in 20184
What distinguishes a smart device from a regular object? Built-in sensors connecting to an Internet of Things platform, which integrates sensor data, applies analytics and transmits information to applications. These applications recommend actions and detect possible issues before they occur.
By using data obtained from sensors, IoT is transforming the customer experience, as well as organization workflows and workplaces.
The Internet of Things represents the next great wave of business productivity advancements that began in the 1960s and 1970s with the first ‘systems of record’, followed by the first networked systems in the 70s and 80s, the introduction of eCommerce in the 1990s and mobility and cloud computing revolutions of the last two decades. IoT is changing the way data is created, collected and communicated.
BlackBerry is a technology company that provides enterprises and governments with software to secure the IoT devices they use, the products they make, and the data that flows in and out of their network. BlackBerry is uniquely positioned to do so, leading in key areas such as cybersecurity, endpoint management, encryption, embedded systems and data privacy.
As the world becomes more and more connected, with every ‘thing’ having its own IP address, BlackBerry’s role ensuring safety, security and data privacy will become much more important.
IoT is improving outcomes for patients and practitioners with advanced medical devices, improved record-keeping and mobile access to patient records.
IoT helps banking and financial services to protect customer data, comply with strict regulations and improve the customer experience.