• 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”→
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?”→
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”→
• There may be no such thing as true altruism, but it’s safe to say that the multifaceted demands of IoT are creating a perfect storm of advantageous cooperation among technology and service providers, data producers and insight consumers.
• Case in point is IoT environmental sensor network vendor Aclima, which is using Google Street View cars to measure pollution levels within key urban areas in California. Aclima’s use case reveals how companies, residents and governments can help one another by sharing facilities, personal and environmental data.
Maybe it’s just the holiday spirit talking, but I think I “almost” believe in altruism. Don’t get me wrong. I remain a card carrying realist. To me, acts of kindness are indeed kind because they happen to benefit both giver and receiver. There’s nothing wrong with that, really. We give because it makes us feel good, because we anticipate some future reward or reciprocation, or because we feel obligated, which is oddly how one feels both giving and receiving a holiday fruitcake. Continue reading “IoT for Air Quality, Behold the Power of Cooperation”→
Industrial IoT (IIoT) monitoring and control technology development is happening at nearly all levels of the economy from large industrial vendors and tech startups to local incubators seeking to export solutions designed for local problems.
While there is an understandable focus on what is possible with IIoT monitoring and control, there also needs to be a clearer connection between much of this technology development and the business value it brings it IIoT buyers.
At a tech meetup in Austin, Texas, I recently had the chance to hear Digi.City founder Chelsea Collier and Pecan Street CIO Bert Haskell discuss his group’s focus on developing IoT technology R&D and disseminating that technology into the broader ecosystem.
By way of background, Pecan Street is a non-profit, funded by a combination of grants and a commercial revenue stream to “advance research and innovation in water and energy.” During the hour-long conversation, Mr. Haskell discussed a variety of topics related to how his team approaches technology development and how Pecan Street seeks to share (evangelize) its technology on a global basis; and though not directly, he also touched on some key challenges facing IoT-related technology commercialization. Continue reading “IoT Tech Developers & Establishing the Business Value of Their Innovations”→
IoT platforms from major cloud platform players are quickly emerging, bringing to bear the economies of scale only available with the public cloud to the task of instrumenting business.
No stranger to the public cloud, Amazon announced a new streaming analytics service that will open up IoT to a broad range of ISVs and enterprises by blending the familiarity of SQL with both speed and scale.
While enduring some pretty extreme heat (an index of over 110 degrees) in New York City late last week, I had the opportunity to attend the Amazon Web Services (AWS) Summit, where I took in a particularly interesting keynote address given by the CTO and VP of Amazon.com, Dr. Werner Vogels. During his speech, Mr. Vogels trumped a familiar idea about digital transformation – basically, that companies abandon analog methods in favor of those digital – and the reasons why this is necessary not just to compete, but to remain in business. Continue reading “Amazon Web Services Summit: Real-time IoT Insights via SQL? Say Hello to Kinesis Analytics”→
• The manufacturing sector is pulling far ahead of other vertical segments when it comes to going digital.
• Manufacturers are working new digital business on two vectors: Intelligence on their factory floor; and embedded in the products they build and ship.
Here at Current Analysis, we’ve been hearing our share of hype related to the Internet of Things (IoT). As interesting as sensors and connectivity and analytics might be individually, it’s really about the combination of these elements to create totally new digital business models. There’s no shortage of service provider and vendor pitches for going digital. The industry has its photogenic poster children, like Progressive’s behavior-based insurance program; GM OnStar connected car and telematics; and GE Predix with its comprehensive aircraft engine analytics.
• Where and how quickly do companies analyze IoT data? Do they iteratively push device data into a central warehouse en mass for analysis later, or do they process all of that data at or close to the source in real-time?
• It turns out that enterprises want answers not just here and now but also later and in greater detail, making the case for combined distributed and centralized data processing.
I maintain a friendly but superficial relationship with math, but I understand enough to admire ideas like Heisenberg’s uncertainty principle and Erwin Schrodinger’s related and now famous thought experiment about the wellbeing of secretly imprisoned felines. It’s intriguing to think that for certain pairs of physical properties, like both the location and velocity of a given particle, you can calculate a particle’s speed, but in so doing you forfeit the ability to also know its location.
• At LiveWorx, PTC showed off exciting new capabilities for Industrial IoT, including the use of Augmented Reality, a potential game-changer for both IoT providers and customers
• The IoT ecosystem, in demos and panels, also showed off new wares, but many acknowledged a long road to meaningful revenue and profits
PTC LiveWorx, held in Boston from June 7th through 9th, is an annual “love fest” for the industrial IoT industry – the majority of presentations and demos showed off new technologies, software, hardware, analytics, dashboards, application enablers, vertical solutions, and consulting services that point to an even more compelling future for industrial IoT. In particular, the use of augmented reality, which PTC now has in its arsenal through its acquisition of Vuforia in late 2015, has the potential to allow customers to sell, demo, manage, operate, and troubleshoot their products more effectively, and cost-effectively prototype new features. Continue reading “Live at LiveWorx: Industrial IoT in All Its Glory”→