IoT Challenges are varied and unique to the capture of real-time data
IoT Challenges – IoT is more than internet enabled sensors and analytics. It is a way to get real-time information. There is a very good chance that the IoT device can be remotely controlled, monitored, updated and maintained using remote management tools, sensors and predictive analytics that continually collect device data that can identify problems before they happen.
Granted most of these devices are not critical in life or death situations. However, there can be property loss when a device fails, does not have the current BIOS or software, or is used in an inappropriate manner. In addition the implications on data storage in order to meet the mandated records management requirements have not been understood to their fullest.
Add that to the fact that typically IoT data is proprietary and enterprise confidential, security is a major concern.
Median Compensation for IT Professionals based on Janco’s January 2019 IT Salary Survey
High Paying IT Jobs that are in high demand are associated with the new e-commerce roles and Internet based application areas. All of the job titles that we have listed here fall into positions where the starting salaries are above the median salary of $93,077 for all IT professionals.
The positions that fall we define as high paying for this analysis are associated with IoT (Internet of Things), Salesforce Automation, Virtual Reality and Security. These are the hot Job titles. The entry level for each of these positions is over $100,000 and some have pay ranges that exceed $200,000.
The positions most in demand and commanding the highest are the associated with Salesforce Automation and that unique application. That is followed closely by IoT and Security.
If the current demand for these skills continues, two things will happen. First, there will continue to be an increase in the compensation levels for these positions. Second, more IT Pros will migrate into these positions increasing the supply. That in turn will be dampening factor on compensation.
We have seen this before when new technologies required specialized skills. Typically we found that it took 24 to 36 months for the supply to catch up with the demand. At that time salaries leveled off.
In any case, we see the median salary for all IT professionals at around $97,000 by the end of 2019.