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IoT is dead – Long live IoT!

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Many industrial applications have been developed to utilize IoT devices and the data they produce.  They generally use cloud hosting, analytics and edge computing technology, often provided and connected via an IoT Platform – a set of tools and run-time systems hosted on the cloud that enable the development and deployment of a “complete IoT solution.”

Most IoT implementations to date are special projects rather than standard solutions, so a system integrator or service provider is required to scope, design and manage the implementation.

But as IoT becomes pervasive, people in industry will expect their business systems to ‘just work.’  That is, their existing enterprise systems should be IoT enabled just as they now expect them to be Internet-enabled and data-enabled.  People will expect to access the IoT from within their existing systems, or IoT technology will be used to create enterprise systems that delivers business value.  There will still be a market for IoT platforms and components but most users will consume them in a packaged form.

A large number of providers – over 350 by our count – have developed IoT platforms, or components from which applications can be built, often relying on an ecosystem of partners to deliver the complete solution.  In most cases, partners provide the IoT devices, cloud storage and computing, edge computing, enterprise applications and the overall project management or systems integration.

The main IIoT players come from many directions including industrial automation, cloud computing, PLM/CADCAM, and specialist IoT providers that have developed their own platforms.

Cloud computing, with its global reach, simple subscription pricing and extensive capability, is one of the main reasons that IoT is now becoming so popular.

Microprocessor companies like ARM support IoT from the ground up using embedded software and sensors.  In fact, the availability of embedded software and sensors is another reason why Industrial IoT is growing so quickly.  This is summarized by Rhonda Dirvin, director IoT vertical markets for ARM:

‘The first driver for the spread of IIoT was the proliferation of mobile phone, which drove down the cost of sensors – cameras, GPS, accelerometers, etc.  This drove down the cost of acquiring data.  At the same time, Cloud computing emerged, which provided a platform where this data could be stored and analyzed relatively cheaply.  Altogether this provides the basic framework for IoT.  Other technologies such as Big Data, AI and Machine Learning are now coming into play to help make sense of this data, taking it to a whole new level.

Communications companies provide connectivity products from global cellular through satellite to low-power wide area and short-range communications.  And because of the huge amount of data collected by billions of sensors, edge or fog computing providers are springing up to pre-process the data close to its source (i.e. on the edge) so that less is transmitted up to the cloud.

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Article Credit: SDTimes

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