The MER Experience
The 25th Year of Delivering Premier Electronic Records Management Education

IoT Devices: Complete Information Governance

By Shawn Cosby, on May 13, 2015 | @RecordLion

The Internet of Things (IoT) is a network of physical devices, also known as “things”, embedded with electronics, software and sensors enabling connectivity between other devices and services. This level of connectivity will bring automation to both consumer products and industrial solutions, such as a Smart Grid for electricity.

The Future of IoT Devices

According to a Gartner press release, by the year 2020 there will be 26 billion IoT devices but only 7.3 billion PC, smartphones and tablets. IoT devices will impact a wide range of areas. Some areas will be industry specific, such as automated manufacturing systems, while others will be generic systems such as HVAC, lighting, and security controls. By 2020, connectivity will be a standard feature for many products. However, enterprises are expected to utilize IoT devices before most consumers. The verticals leading the adoption of IoT devices are manufacturing, healthcare and insurance. New business models will be made possible with IoT devices in these fields. For example, insurers could offer usage-based insurance with premiums tied to real-time data from cars, buildings or factories.

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Bob Williams is the founder and president of Cohasset Associates, Inc. and founder of the National Conference on Managing Electronic Records, (MER).Mr. Williams is renowned for his leadership in addressing the legal, technical, and operational challenges associated with the life-cycle management of records, especially electronic records.  He has edited two definitive legal research studies: Legality of Microfilm and Legality of Optical Storage.  His also has overseen many industry white papers focused on compliance the SEC’s requirements for the storage of computer stored information (CSI).As a renowned speaker, Mr. Williams has given more than 1,000 presentations at briefings, seminars, and conferences throughout the United States as well as in Europe and South America.Mr. Williams’ primary focus now is organizing, running, and co-chairing the MER, Cohasset’s nationally renowned conference on managing electronic records