How IoT market is affected by the Growth of CoVID-19?
IoT Solutions — itobuz.com

Major Customer Challenges

Meeting customer expectations in terms of optimizing the processes

Easing security concerns due to various connected networks

Keeping IoT hardware updated

Overcoming connectivity issues

Waiting for government regulations

The outbreak of the COVID-19 has been so strong that it has halted all operations across verticals

Several industries are struggling to cope up with the rising challenges of personnel lives. As a result, countries have either shut down several operations for now or are running industries at 25% capacity. The majority of the countries across the globe have provided work from home facilities for employees amid the COVID-19 outbreak.

According to a survey released by the International Trade Union Congress, 65% of countries are promoting the model of working from home. Complying with the same, almost all organizations have stopped all business-related travel, and approximately 80% of organizations have provided work from home to their employees across the globe. To manage employees working from home, companies are relying extensively on remote-based monitoring of the workforce, which is enhancing the demand for IoT solutions. This helps bring transparency, provide real-time tracking, improve safety, and ensure meeting government compliance.

Below are the impacts of CoVId-19 on IoT technology:-

Ongoing projects are paused IoT networks largely unaffected Technology roadmaps getting delayed Cyberattacks increase and hackers are changing their strategies Privacy gets re-evaluated Additional focus on security Fewer opportunities in the IoT industry due to Coronavirus outbreak Vendors are providing free products/ services to their customers

Incorporate A Combination of IoT, AI and Edge Computing To Building Future Capabilities with Itobuz Technologies.

To read more, visit: http://bit.ly/2TodDec

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['Tanoy Chakraborty']
['Covid 19', 'IoT', 'Technology News', 'United States', 'Busineß']