From wearables to smart homes and connected cars, you’ve seen the phenomenon of our daily devices being increasingly connected to the internet. The rise of the Internet of Things (IoT) is not limited to consumer products, and is growing in the enterprise world as well.
Particularly in the retail space, the Enterprise Internet of Things (EIoT) uses similar connected concepts. From in-store digital signs to sensors that track shopper behaviors, these devices ‘talk to each other’ to gather data and act smarter. Ultimately, it allows retailers to develop a more in-depth understanding of shopper preferences and proactively enhance the shopping experience.
Retailers realize the necessity of such interconnected devices. According to the McKinsey Global Institute, it is projected that by 2025, the impact of EIoT on retail spending will amount up to $1.2 trillion.
With the integration of systems and sharing of data, it brings up the question: Is EIoT secure enough? The infographic, ‘Are we creating a secure Enterprise Internet of Things,’ new from our friends at CUBE, explores this further, delving into the topic from the perspectives of privacy, addressing and computing. It also considers criteria for retailers to select the ideal EIoT technology partner.
Read on to learn how to benefit from EIoT and best practices to confidently ensure security.