SEP’s and the Internet of Things
The “Internet of Things” (IoT) provides for the connectedness of people and devices on an almost incomprehensible scale. While a decade ago the Internet of Things was a concept that best resembled the stuff of science fiction, today it has become science reality that increasingly promises to change the way that we are connected to and devices, and how information about us and for us is managed, handled and secured.
The speedy evolution of what defines the Internet of Things makes it difficult to characterize in technical terms. The law, which by its nature is reactive to paradigm-shifting technologies, will continue to lag technological advancements. What is certain, however, is that standard essential patents (SEPs) will proliferate into more verticals if the full promise of the connectivity of the IoT is to become reality.
During this panel we will discuss:
- Creating a proactive, strategic approach to SEP procurement, licensing, and enforcement as it pertains to IoT.
- The nature of the IoT, which will involve very large numbers of small devices, some of which may be more like modules than end-user devices, which will raise issues about whether those should be licensed at all, and if so, what should be the approach to setting royalty rates.
- Cybersecurity infrastructure: The need for standardization, the difficulty with upgrading disparate existing pieces of the IoT infrastructure, and what this will mean for national security.