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The Internet of Everything

The internet has become an essential part of our daily lives – we are reliant on internet-enabled devices to keep up to date with current affairs; to communicate with customers, suppliers, friends and family; to process bank transactions and to order our groceries. Our business operations rely heavily on information systems - very few activities can be completed without an interaction with technology.

Since the industrial revolution, we have developed technologies to help us mechanise and automate processes, drive efficiencies, increase output and reduce manual labour. However it is only recently that technology has enabled otherwise inanimate objects to speak to each other, and the people who control them.

Cars, watches, heating systems, traffic lights, bridges, buses, trains, fridges and even toasters, are now equipped with computer chips and fixed or wireless connectivity which enables them to store and transmit data.

We refer to this connected world as the “Internet of Things” or “IoT”.

IoT offers an exciting new array of services and functions which can facilitate day-to-day activities, reduce operating costs, improve customer-interactions, monitor our health and minimise the risk of industrial accidents.

IoT also poses a new set of practical and regulatory challenges:

  • use of Big Data and analytics
  • consumer rights and remedies
  • ownership and protection of intellectual property rights
  • customer consents under the scrutiny of new privacy laws
  • data security vulnerabilities of connected devices
  • connectivity, international standards and “Open” APIs
  • contractual arrangements and specifications
  • liability and risk for failure of an “intelligent” device
  • compliance with fixed and wireless equipment regulations
  • import and export requirements

In this document, we set out some of Eversheds Sutherland’s experience in IoT across a range of industry sectors including:

  • Transport
  • Technology
  • Energy
  • Smart Cities
  • Tintech
  • Pharmacoutical
  • Smart manufacturing
  • Consumer
  • Renewables
  • Automotive