IoT News is a practical resource providing news, analysis and opinion on the burgeoning Internet of Things ecosystem, from standardisation, to business use cases, and development opportunities. We take the best research and put our own spin on it, report from the frontline of the industry, as well as feature contributions from companies at the heart of this revolution. Oracle has launched the latest version of Java Card, its open application platform that secures some of the world’s most sensitive devices. The Java Card 3.1 is an extensive update that aims to offer more flexibility in order to meet the special hardware and security requirements of both existing secure chips and emerging IoT technologies. The Java Card 3.1 has features that addresses use cases across markets ranging from telecom and payments to cars and wearables. There are nearly six billion Java Card-based devices deployed every year. But the software platform, which is known to run security services on smart cards and secure elements, is already a leader in the market since many years. This platform has introduced some new features that make applications more portable across security hardware critical to IoT, which allows new uses for hardware-based security, such as multi-cloud IoT security models, and makes Java Card a suitable solution for billions of IoT devices that require security at the edge of the network. Security remains a key benchmark for the industry as 2019 begins to develop. Earlier this month BCC Research put together a report which predicted that the IoT security market, valued at £1.31bn, will reach £4bn by 2023 at a CAGR of 25.1%. The report notes that this growth is being driven by demand for cloud-based enterprise applications, growth in digitalisation and IoT security spending, and the growing demand for security solutions for connected cars and connected healthcare services. According to the report, security management is likely to shift from a centralised to decentralised process as the number of devices multiply. Interested in hearing industry leaders discuss subjects like this? Attend the IoT Tech Expo World Series events with upcoming shows in Silicon Valley, London, and Amsterdam.
Oracle's latest version of its Java Card to improve security for internet of things (IoT) devices. The new version, which is available in the Oracle Cloud Platform and Google Cloud, will be released on October 29. The update includes features to make apps more portable across security hardware crucial to IoT, making it a suitable solution for devices that need security at the edge of the network.