The Challenge of lot Total challenge of loT 1. Technological Standardization in most areas are still remain fragmented 2. managing and fostering rapid innovation is a challenge for governments privacy and security 4. Absence of governanceThe Challenge of IoT Total challenge of IoT 1. Technological Standardization in most areas are still remain fragmented. 2. managing and fostering rapid innovation is a challenge for governments 3. privacy and security 4. Absence of governance