Industrial IoT set for major growth
The Industrial Internet of Things (IIoT), comprised of smart devices that allow for a highly autonomous manufacturing industry, is set to grow 207 percent within half a decade, according to a new report from analyst firm Juniper Research. Juniper claims that there will be more than 36.8 billion active IIoT devices by 2025, up from 17.7 billion today. The report …
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Number of infected IoT devices has doubled since last year
The number of infected Internet of Things (IoT) devices has doubled since last year, a new report from Nokia states. The Nokia Threat Intelligence Report claims that IoT devices accounted for 16 percent of all infected machines in 2019, but this year the figure jumped to 33 percent. The company bases its findings on data aggregated from monitoring network traffic …
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How will IoT benefit the accounting profession?
The fancy definition of IoT often confuses us, and merging IoT with accounting does not seem like much of an application. Cloud computing has already shown its massive impact on the accounting industry and proven itself to revolutionize it. But what about IoT? IoT is an emerging technology in the field of Finance and Accounting. Let us start with understanding …
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