ACOLA publishes report highlighting Australia’s IoT potential

The Australian Council of Learned Academies (ACOLA) and the Australian Research Council (ARC) released a report highlighting the advantages of the Internet of things (IoT) for Australia. The report emphasises the benefits of IoT, such as improving the sustainability of cities, strengthening healthcare systems, and helping the manufacturing sector grow. The report also details challenges associated with IoT use: security and privacy vulnerabilities, establishing international standards, interoperability limitations, and the need to adapt the Australian job market to the IoT era. The study recommends a collaborative approach to: (a) create a IoT research and development community, (b) protect citizen rights, (c) encourage trust and acceptance of IoTs, (d) get citizens and consumers involved in designing and developing of IoTs, (e) develop an IoT workforce, (f) create a flexible and sufficient regulatory environment.