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This article highlights the growing importance of the Internet of Things (IoT) in critical sectors like healthcare and energy, where reliability is essential. As reliance on IoT increases, the risks of outages—costing companies millions per hour—also rise, potentially becoming a major business threat in the coming decade. Outages can disrupt operations, damage reputations, and jeopardize regulatory compliance, especially in manufacturing and healthcare.
To prevent such risks, IoT systems must be designed with built-in resilience and security from the start. This includes features like failover mechanisms, real-time monitoring, edge computing, and automated recovery. As global regulations tighten—such as the EU’s Cyber Resilience Act and standards from ISO and NIST—businesses must stay ahead to ensure compliance and long-term performance.
Ultimately, while IoT risks can't be fully avoided, proactive design and best practices can minimize disruptions, keep systems running, and protect both operations and customer trust.