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‘Internet of Things’ can bring island real financial returns

Business | Published:

GUERNSEY can cash in on the growth in industries based on big data in both connectivity and digital identity protection, according to a senior figure in the telecoms sector in the islands.

Generic illustration for big data. (19834892)

Graeme Millar, CEO at JT, said that the Internet of Things was a ‘terrific chance for Guernsey to grow – indeed, it is an area in which Guernsey can make real financial returns’.

And the island was ‘uniquely positioned’, he added, to develop and offer personal digital identity protection services.

‘There’s a lot of discussion and effort being put into protecting companies from GDPR [General Data Protection Regulation] liability, but I hear less about protecting consumers from breaches in the first place.'

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