'Privacy will be keen market driver', says NXP

Although there is much discussion of ‘an internet of things’ it is in fact a very broad term and security needs vary widely, Infineon Technologies’s Stephan Hofschen said. For things like power grids and M2M applications such as vehicle-to-vehicle communications there is a mandated need for very high levels of security, whereas the same cannot be said of all communications between the 50 billion interconnected devices expected to be in the world by 2025.
November 20, 2013 Read time: 2 mins
Although there is much discussion of ‘an internet of things’ it is in fact a very broad term and security needs vary widely, Infineon Technologies’s Stephan Hofschen said. For things like power grids and M2M applications such as vehicle-to-vehicle communications there is a mandated need for very high levels of security, whereas
the same cannot be said of all communications between the 50 billion interconnected devices expected to be in the world by 2025.

But, said NXP Semiconductors’s Steve Owen, security and privacy will be key market drivers, and the industry has to take a lead and stay ahead of those looking to obtain data via nefarious means. Gemalto’s Olivier Piou highlighted the disparity in development cycles between, for instance, smart devices with a lifespan of 25 years versus smart phones whose marketability can be measured in months; standardisation is going to become increasingly important. Expanding on standards, Giesecke & Devrient’s Axel Deininger added that the industry has a good story to tell but that very long certification cycles are a barrier to market entry, especially as OEM development cycles shorten.

Related Content

  • Smart mobility on the rise, says ABI Research
    May 10, 2016
    As extreme pollution and congestion in urban areas coupled with limited transportation options continues to challenge major cities across the globe, market intelligence firm ABI Research, predicts an imminent rise in smart electric mobility. Data analysis forecasts global electric vehicle revenue will hit US$58 billion in 2021, more than five times its market value in 2015. "The role of vehicle electrification in urban areas is part of a broader smart mobility model that includes shared vehicles, chargi
    Read More
  • Robust enforcement strategy needed for free flow toll roads
    January 10, 2012
    Timidity has no place in effective enforcement operations on free-flow toll roads, says the NRA's Cathal Masteron. What's needed is a robust strategy which starts big and reduces in size over time, rather than starts small and gains a reputation for being easy to avoid
    Read More
  • Europe will lead global hybrid and electric truck and bus market
    August 14, 2012
    Europe will emerge as the most competitive regional market for hybrid and electric medium-heavy trucks and buses, globally, according to Frost & Sullivan. This will be particularly true for the transit bus segment, which is expected to experience proliferation of competitors, both on the original equipment manufacturer (OEM) and supplier side. Strategic Analysis of the Medium- to Heavy-duty Hybrid and Electric Commercial Vehicle Market in EMEA Region, from Frost & Sullivan, estimates that nearly seven per c
    Read More
  • Trust is the key, says Cubic’s Crissy Ditmore
    August 7, 2019
    Trust is the key to encouraging people to take up shared mobility and MaaS services, thinks Cubic Transportation Systems’ Crissy Ditmore. She tells Adam Hill why sharing must be the way forward Crissy Ditmore is on the move. Director of strategy at Cubic Transportation Systems since September last year, she lives in Boise, Idaho, but doesn’t see a great deal of the city as she is “90% of the time on the road”. This is appropriate for someone whose business is working out how to get people from place to p
    Read More

Highlighted Content