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and the need for more robust security measures are all possible challenges. The architecture that worked for a prototype may be unsuitable for a larger system, necessitating redesign and further development. Finally, the human factor must be addressed. Apprehension toward digitization because of perceived complexity can delay IoT implementation. Bridging this gap requires demystifying the IoT and providing robust support for businesses entering the field. At the same time, a number of exciting developments and use cases are gaining traction. The miniaturization of modules is leading to more compact and integrated IoT deployments. This miniaturization allows for more streamlined, integrated systems that can be deployed in spaces and applications where bulky hardware would have been prohibitive. For instance, compact IoT sensors can now be embedded directly into industrial machinery or medical devices, enabling real-time monitoring and data collection without disrupting existing workflows. The integration of ML algorithms into IoT devices marks another significant milestone. These algorithms enable devices to perform complex tasks locally, right where the data are generated. By processing data on the edge, IoT devices can make real-time decisions without the latency that comes with sending data to a centralized server for analysis. Minimizing latency is particularly crucial in applications that require immediate action, such as autonomous vehicles or emergency medical systems. From a security perspective, the industry is seeing that regulatory frameworks are emerging to address challenges. These frameworks aim to standardize security protocols, ensuring that IoT devices are designed with robust security measures C h a p t e r 4 | A n O u t l o o k o n F u t u r e T e c h n o l o g i e s Security, interoperability, and bandwidth availability are all challenges with IoT. We believe that a potential solution to these issues may be IoT SIM." Bhanu Prakash Villuri Engineering Manager, Stanley Black & Decker 19 8 Industry Experts Discuss Trends in the Internet of Things