AMI to IoT

Deck: 

Lesson in Change

Fortnightly Magazine - December 2016
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The Internet of Things has a precursor. One that contained valuable lessons on the cyber security front. Today’s businesses would be wise to take a moment and examine what can be learned from its precursor’s history. And consider what those lessons have in store for us today.

From roughly 2005 to 2010, the U.S. electric grid saw a notable technological transformation commonly wrapped up under the label of smart grid. Futuristic portrayals and optimistic business cases inspired many utilities to charge ahead with bold and broad deployments of new technologies.

However, more than a few of these utilities also found painful resonance in the snarky not-so-smart critiques when researchers found basic cyber security holes in early implementations. The race for market share often dictates that vendors offer products before they have been fully vetted. Sometimes vulnerabilities surface long after many experienced and discerning eyes have looked over a well-refined build.

In today’s Internet of Things, businesses face a strikingly similar picture to what utilities saw in the early days of the smart grid. A new generation of embedded devices and technology is empowering novel data sources, information flows, and even business models.

Start-ups and innovative vendors are going through explosive growth with sometimes mixed results. Not all organizations are certain about exactly how the change will affect their business.

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