In last week’s Office Hours, Chris Melville, a principal security engineer for the UK, provided an primer on IoT and connected device security from the government’s perspective in light of imminent and severe regulation. Now we move from the drawing board to the board room, where leadership teams are weighing how compliance with these new rules will impact their futures.
Nowhere are these decisions more pointed than at small and mid-sized IoT OEMs, where compliance essentially means investing in features and capabilities consumers have repeatedly shown they aren’t willing to pay for. As a result, these technology suppliers are faced with shrinking margins or the potential of having their products shut out of entire geographic regions.
Do you lead or work at a small IoT OEM? Join this week’s Office Hours where business and technology leaders will discuss circumstances, challenges, and maintaining a viable IoT business at a time when industry favors big regulation and big budgets.