Industry’s first framework for the IoT launched by techUK to create a simplified framework in the digital revolution
techUK has launched its Trust Principles in an Internet of Things (IoT) World, a set of high level principles to build trust in IoT innovations (linked at the bottom of this Insight). Designed to serve as a simple framework for companies, the Principles cover key elements that are needed to help the IoT market to grow by creating greater consumer confidence through:
As the Blackett Review from the Government stated, public acceptability and trust are essential to the implementation of the IoT. Those developing in the IoT space need to earn users’ trust in order for the full potential of the technology to be fulfilled. This the intention of techUK’s Trust Principles.
The Internet of Things is a transformative development that can have a greater impact on our economy and society than the first digital revolution. Done right, it can help enable better health services, cleaner and safer public spaces, more efficient industries and generate more innovative businesses and business models. It will also create unprecedented amounts of detailed data, often in real-time, that can then inform and improve the service or product. However, to make it a success, we need to ensure consumers are comfortable with the technology.
“The Internet of Things is transforming our lives through innovative products and services with the potential to deliver major benefits for citizens. Successful technology depends on secure technology. We are determined to make sure the UK is an international leader in this technology and that means ensuring the internet of things is cyber secure.
"The principles published today will help provide greater security so that consumers and businesses can benefit from the opportunities the IoT has to offer.”
“Trust is the oxygen which will breathe life into the internet of things. Industry needs to show data is safe and that it is properly treated. Otherwise we endanger the potential of the IoT. techUK is right to focus on this.”
“These principles demonstrate that our industry takes concerns about data, consent and transparency seriously. They are the start of the conversation rather than the end and they offer a solid framework for future discussion. I believe that these Principles will help ensure that the Internet of Things has a smooth transition from theory to reality.”
“Digital Catapult is delighted to see companies collaborating on a set of principles for how to do business on the Internet of Things. To create and maintain trust is a challenge and an opportunity for companies creating connected products that ubiquitously collect and use personal data. The IOT Trust principles provide a framework for more focused conversations on issues such as ensuring security in the IoT. We look forward to fostering discussions like this and helping to create innovative solutions in order to enable digital companies in the UK grow more rapidly and become more globally competitive.”
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techUK represents the companies and technologies that are defining today the world that we will live in tomorrow. The tech industry is creating jobs and growth across the UK. In 2015 the internet economy contributed 10% of the UK’s GDP. 900 companies are members of techUK. Collectively they employ more than 700,000 people, about half of all tech sector jobs in the UK. These companies range from leading FTSE 100 companies to new innovative start-ups. The majority of our members are small and medium sized businesses.
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