According to Cisco, There are 3 Reasons Why Almost 75% of Internet of Things (IoT) Projects Fail. So Why Are Taxpayer Dollars Still Being Spent to Connect Everything to It?

By B.N. Frank

The Internet of Things (IoT) is technology that can connect multiple Internet-enabled devices together in order to collect and exchange data.

For the last few years, countless security experts and tech experts have been referring to it as “The Internet of Shitty Things,”  “The Internet of Vulnerable Things,” etc. because of the huge security risks associated with it and its current almost 75% failure rate.

On January 24, 2018, I wrote an article about this and included a list of where some failures have actually occurred.

You’d think an almost 75% failure rate and countless expert warnings would have been enough to stop the IoT promotion insanity.  Nope.  There are still efforts being made even with taxpayer dollars.

On May 4, 2018 U.S. Networking Specialist, Cisco, offered their thoughts on IoT:  “Three reasons why three-quarters of IIoT projects fail, according to Cisco.”

From the article:

This is an alarming statistic, especially when considered in the context of the head-spinning growth of new IoT deployments.

…just 26 per cent of companies regard their IoT initiatives as successes. Worse, a third reckon their projects were outright failures.

According to Bryan Tantzen, of Cisco, “Most IoT projects are failing, and there are three reasons for it,” he says in an interview with Enterprise IoT Insights.

1. Security
2. Complexity
3. Interoperability

New technology can be awesome.  But when there are so many problems, it’s time to stop putting everybody at risk. 

Seyi Fabode, Partner at Asha-Labs.com may have stated this best in his article, “Smart Meters Did Not Work, Let’s Avoid The Same Mistake With IoT/IioT.”

The continuing world-wide promotion of IoT reminds me of a bad dream when people are doing crazy stuff but you can’t stop them because they don’t think they’re being crazy.  Other people in the dream also suspect craziness but they won’t do anything about it.

Ever seen the movie, Silver Linings Playbook?  There is a scene about halfway through the movie when it becomes painfully obvious that the father actually has the worst mental health issues in the family and everyone else has been enabling this for decades at their own expense (and his).

IoT isn’t cool.  It’s risky and it’s crazy.  Encouraging it to be installed everywhere is putting everyone at risk for privacy and cybersecurity violations.  Borrowing from Susan Powder, “Stop the insanity.”

For more information, contact:

• Center For Safer Wireless
• Citizens for Safe Technology
• Electricsense
• Environmental Health Trust
• In Power Movement
• SaferEMR
• Scientists for Wired Tech
• StopSmartMeters.org
• We Are The Evidence