There are a number of challenges which must be overcome for the expansion of the Internet of Things (IoT). In some areas there has been significant progress in the past decade, such as RFID technology, data storage capabilities, and the growth of both wired and wireless network infrastructures. While in other areas there remains a large amount of work to be done: privacy, information security, communication standardization and even educating end-users.
The majority of the challenges companies and countries face in the IoT space are universal and not just specific to Canada. Therefore, the problems can be tackled jointly for mutual benefit; a possible breeding ground for innovation. Canadian companies are in the mix of all this and there are some challenges in Canada that other nations may not have to consider for their IoT strategies. Read more