The Internet of Things (IoT) is a phenomenon that is only going to get bigger. But while it carries immense opportunities for Australian businesses, industries and entrepreneurs, the risks of favouring speed to market over careful strategy are high.
Security must be a number one consideration for players in this space, along with privacy and trust. They must ask, how well controlled is the device and the infrastructure? How is data kept confidential? And how is customer confidence being addressed? Those that fail to do so will have a difficult time growing in this new environment.
In this report, KPMG draws on its survey of 100 IoT user organisations to gauge their position on these factors, supported by expert insights and advice to ensure a safe, yet robust, IoT ecosystem.