According to GlobalData, the global market for business-focused Internet of Things (IoT) technology, which consists of software, services, connectivity, and devices, reached $130 billion in 2018, and it is projected to reach $318 billion by 2023, a CAGR of 20%.
This forecast has implications both for IoT vendors and service providers as well as for the enterprises that will use their products and services to achieve operations improvements, cost reduction, and eventually revenue-generating products and services of their own.
• Sigfox, while one of the first LPWAN providers, has been hampered by business and organizational problems, and faces significant competition from LoRa, LTE-M, and NB-IoT alternatives.
• At its annual Connect event the service provider hoped to turn the tide with good news about coverage and traction and a spate of service and network-related announcements.
At its Connect event in Berlin on October 25th, Sigfox sought to displace the growing concern that it is running last in the global race to provide LPWANs, in the face of standardized licensed spectrum alternatives NB-IoT and LTE-M, as well as networks based on competitive LoRaWAN technology, all of which have been gaining ground. The following public announcements from the event show a range of focus areas for the service provider, notably highly accurate, global location-based services for asset tracking, along with technologies that enhance its network performance and ease of deployment benefits.
• New Micro Base Station. The Access Station Micro provides an adaptable and easy-to-install solution to significantly enhance Sigfox IoT service coverage to billions of devices. A single gateway could cover large rural areas, hundreds of square kilometers without effort. Its extremely low energy consumption enables remote IoT applications where no power source is available with a single small solar panel and a low bandwidth satellite backhaul. Continue reading “SigFox Keeps on Truckin’”→
• German-based enterprise software vendor Software AG held an innovative virtual product release event on October 10th, which focused on new capabilities across its portfolio.
• Of particular interest were new capabilities of its IoT platform, Cumulocity IoT, which are aligned with the industry, as vendors seek to move up from connectivity management to edge computing, application enablement, and advanced analytics.
Software AG’s Cumulocity IoT platform, acquired by the software vendor in March 2017, has maintained its solid reputation for connectivity and device management. It is sold directly to enterprises but is also provided to businesses through reseller agreements with operators such as Deutsche Telekom and Telefonica, value-added reseller Tieto, and Siemens, the latter of which uses it for the device connectivity element of its Mindsphere solution. But while the platform gets good technical reviews, it has often been relegated to “also-ran” status when compared to competing platforms from the likes of enterprise heavy-hitters SAP, IBM, and Microsoft, industrial expert PTC, and hyperscale cloud services providers Google and AWS. Continue reading “Software AG Virtual Analyst Event: Cumulocity IoT Platform Goes up the Stack”→
Verizon’s analyst event detailed its product and roadmap stack from connectivity to managed and virtualized services, edge solutions, and SaaS-delivered applications.
Surprisingly, 5G was the technology discussed the most at the event, viewed by the operator as the growth engine of the future which will revolutionize industry by enabling ‘real-time’ business processes.
There’s a 5G arms race in North America! Europe’s operators, while some of the globe’s largest telcos, just aren’t approaching next-gen mobile networks with quite the same gusto as their U.S. cousins. Just take U.S. communications giant Verizon, which has already launched fixed 5G for consumers and is going to launch mobile 5G in 2019, pitched as the engine driving the next exponential growth opportunities in the business market. Continue reading “Verizon Scopes Out Vivid 5G Future”→
MWCA will focus on the latest advancements towards 5G services from operators, infrastructure equipment providers, device OEMs, and other members of the supplier ecosystem.
Other key areas of interest for enterprises will include demos and sessions on LPWANs, data analytics, AI, business transformation, and security of all types from UEM to multi-layer IoT security, to fraud prevention.
Anticipating the key themes at MWCA this year is not too difficult when we look at what things have and haven’t changed in the wireless industry over the past year. Clearly we are closer to actual 5G rollouts, so all vendors and operators that participate in the 5G value chain will be touting their wares, anticipating/touting possible use cases, and amping up the excitement for adjacent technologies that will be advanced by 5G such as AR/VR, enhanced video broadcasting and streaming, and advanced interactive gaming systems. On the pure B2B front, vendors will be discussing and demoing technologies that will benefit from low latency such as autonomous driving, robotics, and real-time video surveillance, while noting new business models, service tiers, and applications to be derived from 5G network slicing. 5G readiness, security, fixed vs. mobile broadband services, and regional and global insights will also be discussed, compared, analyzed, and otherwise dissected in panel discussions, presentations, and keynotes.
As some 5G networks will be commercially available by the end of this year, operators must now turn to development of compelling and realistic use cases beyond a faster rendition of 4G networking.
Operators need to up their game if they are to be recompensed for the substantial investments they are making in 5G. The question is, will autonomous cars, robots, and virtual reality be enough to spark buyer interest?
While 5G services are not yet live, this next generation of wireless technology is already top of mind for service providers, OEMs, and other telecom market ecosystem players. Aside from gearing up to build out the technology, they will be working together to make sure that 5G use cases are compelling – i.e., different enough from 4G to matter to customers. As with any new generation of wireless, the stakes are high, and operators are hoping that they’ll make back their substantial investments in 5G. For most operators, this should come via a “massive” uptake of connectivity, plus revenues from advanced services spanning consumers and business customers. Continue reading “Will Enterprise 5G Use Cases be Ready for Prime Time?”→
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.