Digital disruption has irrevocably changed the game for enterprises

Sameer Mahapatra, Country Manager-India & SAARC, Aeris Communications 

 

“The pace of technological progress is accelerating, and digital disruption has irrevocably changed the game for enterprises. It has given rise to novel business models, revenue streams, and digital ecosystems, presenting unprecedented growth opportunities. As we look towards 2023, the spotlight is on harnessing the full potential of advanced technologies such as IoT, 5G, and Edge Computing. IoT has the power to radically transform how companies approach operations, product development, and physical space design, creating a profound impact on the bottom line. It is paving the way for future applications such as autonomous vehicles, intelligent industries, immersive shopping experiences, safer transportation systems, precise farming practices, and remote healthcare. The swift integration of IoT has spurred businesses to invest in advanced technologies like AI and ML, as they recognize the vast benefits of technology and automation. As a result, the corporate landscape is evolving at an unprecedented pace, as organizations leverage the power of these cutting-edge technologies to transform the way they work. The future holds promise, with a staggering 43 billion connected devices predicted to be in use by 2023, and the advent of digital twins, making digital replicas of real-world objects ubiquitous. Aeris provides a comprehensive range of IoT security features, including SMS Lock, Static/Dynamic Private IP Address, Non-Dialable Numbers, Standard Access Point Name (APN), Virtual Private Network (VPN), and Cloud Connect to enable prevention, detection, and quick response in protecting your IoT devices. 

 

IoT, however comes with its own set of challenges-ones of security and privacy. While IoT enables centralisation of data, this democratization opens up a two-way channel making devices and IT infrastructure vulnerable for cyber-attacks. The top priorities for the Technology industry in 2023 would be around putting the customer first by creating a great customer centric enhanced customer experience by combining strategies which protect the firm and customers against increasing security risk. It is also important to continuously work on creating vertical solutions, solving business use cases and supporting new revenue streams. Lastly collaboration among stakeholders, including government, corporates, and partners, is vital to advance IoT in India and tackle the cybersecurity issues. This can create a strong ecosystem to support IoT growth and enable innovative use cases across various sectors.”