• Most IoT projects to date have focused on increasing efficiency or reducing costs
• In 2018, IoT deployments are increasingly intended to generate new revenues as well
IoT offers operators and enterprises a slew of opportunities, with the rise of pervasive connectivity opening up new ways to both collect and generate data in pursuit of stronger businesses and a better experience for customers. The GlobalData IoT Innovations Tracker is following new deployments across sectors worldwide, capturing the key use cases and technology choices made by the deploying organizations. But it also considers the key questions for each deployment: Why are we doing this? What do we hope to gain from this IoT project? Continue reading “IoT Projects Increasingly Target Revenue Growth”→
• Reactive, Preventive, and Predictive Maintenance regimes will continue to be major use cases for AI-assisted industrial IoT deployments
• As a start-up, MOVUS has a strong first mover local advantage, channels, an end-to-end platform and OT approach which are unique.
Artificial intelligence (AI) – the science of making computers mimic humans using logic, decision trees, deep learning, and machine learning – is fast approaching the market opportunity around preventive and predictive maintenance. According to a recent GlobalData survey, the top two business challenges in Australia are in improving operational efficiency and reducing costs. Many businesses, such as manufacturers, producers of natural resources, through to the agriculture and health sectors, need ongoing reliability of machines and their constituent parts to keep the lights on in the business. Unplanned outages, for example, can cost an oil and gas company, on average $50 million dollars annually. In the case of a windfarm, in the event of one single fail, an entire turbine needs to come down, a technical crew with a crane needs to be on site costing $100,000 or more for each time a part fails. There are many cases of overheated servers in data centers that caused major outages. The myriad of examples create compelling business cases. Continue reading “The Road Ahead for Australian Start-up MOVUS for AI and Predictive Maintenance”→
Huawei made clear its strategy is now based on ‘platform + ecosystem.’ This is the case across the business, but nowhere more acutely than in IoT.
While investing in the ecosystem is a requirement, its diverse nature makes for a highly fragmented IoT market.
Huawei held its flagship European event in Rome this week, combining a showcase for customers and partners with a series of broad brush announcements around investing in its global digital platforms and ecosystem. The key takeaway from the waterfall of positioning messages is that Huawei not only recognizes its need to partner with other players across its business; it has also made its ecosystem central to its strategy and is therefore investing heavily in strengthening relationships with suppliers, developers, partners, and customers. In the Internet of Things (IoT), it already has a head start, but a number of new developments will support the ongoing commitment to the ecosystem: Continue reading “Huawei Eco-Connect Europe 2018: IoT Strategy Depends on Ecosystem Investment”→
Vodafone stated at its analyst conference this month that its IoT strategy will focus on vertical services.
It has picked five verticals so far, but some reflect future potential rather than previous successes.
At its annual analyst conference, Vodafone’s enterprise business presented updates across its portfolio and associated strategy, and when it came to the Internet of Things (IoT), one thing was clear: a new determination to focus on a set of priority verticals to deliver sector-specific IoT services. The idea is that, if it is to access the biggest market opportunities, it must become more of a technology solution provider in order to maximize growth potential as a trusted, ‘go-to’ supplier in digital industries. Continue reading “Vodafone Sets Sights on Vertical Services in IoT, but Which Ones Will Take Priority?”→
Security remains a key inhibitor in IoT, driven by the convergence of IT and OT.
IoT providers should consider bundling anti-bot offerings into their IoT solution as an additional protection layer.
Security and privacy have been the key topics in IoT. They are also the main inhibitors slowing down IoT adoptions by enterprises. As seen in the figure below, GlobalData IoT research conducted in 2017 with 281 Asian enterprises showed that security and privacy were the second and fourth biggest challenges for them with their IoT deployments. Continue reading “Anti-Bot as Additional Protection Layer in IoT”→
Satellite providers have key roles to drive IoT market especially in filling the coverage gaps in remote areas
Satellites are mainly used for backhaul network, not so practical as the last mile access due to its technical limitations such as latency and physical dimensions
While some satellite providers are entering the IoT space and compete against the mobile operators (for more, please see Cable and Satellite Companies Pushing into IoT: Can They Win Against Mobile Operators?, July 6, 2018) other satellite providers such as Inmarsat are partnering with carriers to fill the IoT coverage gaps in areas beyond cellular network can reach offshore oilrigs, airplanes in transit, remote environmental monitoring, and vehicle and people tracking. Based on GlobalData’s IoT Deployment Database, there are more than 100 satellite-based IoT deployments tracked, with an installed base that almost doubled in the last two years. This also reflects the IoT market trend shown by GlobalData IoT Project Insight 2017 (n=924) where 17% of IoT deployments today are on fleet management (the third highest after equipment management and building management). In some cases, the satellite network is also used in cellular areas, but offered as network diversity to offer higher availability for mission critical applications such as payment terminals in petrol stations. Continue reading “Inmarsat: Filling IoT Coverage Gaps for ‘Always On’ Applications”→
U.S. cable operators and satellite TV providers have been entering the IoT market over the past two years, selling smart home and wearable solutions to consumers, as well as B2B offerings to businesses.
Cox Communications, Comcast, and Dish Networks are actively providing B2B IoT services already or have plans in place to do so.
Bosch has strong potential in manufacturing, automotive, and transportation sectors, which are the high-growth verticals in Asia-Pacific.
The provider needs to expand its cloud partners and strengthen its security solution to address the main IoT challenges of Asian enterprises in those sectors.
Bosch is not the first name you would think of when talking about IoT or even in a wider ICT topic. The brand is more synonymous with industrial equipment and household appliances. However, with 6.2 million IoT connections and more than 250 deployments, Bosch is considered as one of the key players in IoT space. It started its initiatives in IoT as early as 2008, when the company acquired Innovations Software Technology. Fast forward to 2018, Bosch Software Innovations has acquired three companies to expand its IoT capability, launched Bosch IoT Suite (available on third-party clouds) and Bosch IoT Cloud, and opened its IoT Lab and IoT Campus. Continue reading “Bosch IoT: Strong Potential in Manufacturing, a Huge and Rapidly Growing Sector in Asia-Pacific”→
Huawei’s capability across IoT stacks offers a competitive advantage in the market.
Huawei has the potential to drive IoT adoption in the region through carriers. However, it has yet to leverage this unique advantage outside China.
The IoT ecosystem is complex, as it involves all technologies within IT and bridges IT with operational technologies (OT). As a technology company with core business in telecommunications equipment, IoT for Huawei is not just enabling NB-IoT features in carriers’ cellular network. The vendor is also leveraging its company-wide capabilities to play across the IoT stack. Its IoT portfolio includes the chipset, an operating system (OS) called LiteOS, an NB-IoT network through its radio access solution to carriers, security (through its 3T+1M approach), a platform, cloud, professional services and even an initiative to drive the ecosystem (through its OpenLab). While Cisco and Nokia can closely match this capability, Huawei’s key advantage is with its IoT chipset and OS. Continue reading “Huawei IoT: Capabilities Across the Solution Stack, but Low Mindshare in the Region”→