Table of Contents
The Platform War Will Turn Into A Battle “Horizontal Vs. Vertical”
From the first phase of the battle for market dominance, the horizontal platforms emerged as the clear winners. The flat cloud platforms from Amazon and Microsoft are increasing and are extremely popular with industrial IoT developers. Vertical media have played second fiddle to date. Most startups that initially served specific use cases and vertical markets and were quite successful are now taking other paths and marketing their products as a universal IoT platform.
Examples of this are C3IoT, which, after starting as a predictive maintenance provider for the vertical energy market, now presents itself as a universal AI & IoT platform, or thethings.io, which began as an IoT platform for innovative city applications and has now made the monetization of various end devices on the flags. At the moment, a complete technology stack and rapid scalability seem to be more critical than in-depth expertise in a specific field. This may change, with the consequence that the IoT universe will split up into representatives of a “horizontal” approach on the one hand and a “vertical” approach on the other.
Vertical platforms could be victorious for two reasons:
- Your digital editions and data models are designed for specific use cases so that only they can exploit the full potential of analytics and AI.
- They offer industry-specific app stores that provide many business-critical applications to a branch of industry. So they offer the manufacturing industry z. B. not only new applications for predictive maintenance and future-oriented MES and asset management systems that replace existing systems. The third reason is sometimes called “industry-specific device interoperability”, an advantage that is on the decline.
Most of the horizontal platforms now support all standard protocols of the various industries or cooperate with gateway manufacturers who ensure interoperability in the respective vertical market. But also future-oriented MES and asset management systems that replace existing systems. The third reason is sometimes called “industry-specific device interoperability”, an advantage that is on the decline. Most of the horizontal platforms now support all standard protocols of the various industries or cooperate with gateway manufacturers who ensure interoperability in the respective vertical market.
But also future-oriented MES and asset management systems that replace existing systems. The third reason is sometimes called “industry-specific device interoperability”, an advantage that is on the decline. Most of the horizontal platforms now support all standard protocols of the various industries or cooperate with gateway manufacturers who ensure interoperability in the respective vertical market.
Also Read: Why Blockchain And IoT Belong Together
IT Companies Are Refining Their IoT Cloud And Data Lake Strategies
Some companies have already moved a significant part of their processes to the cloud, and many others will follow. Cloud environments offer numerous advantages such as inexpensive data storage, high computing power and (now) reliable security. The question remains whether corporate and IoT data are better stored in private or public cloud environments. A mixed form, the hybrid cloud, is usually recommended. Instead of getting their backend ready for individual IoT use cases, many IT departments rightly assume that a holistic data and cloud strategy is needed to prepare their company for the massive use of IoT data.
The development of IoT solutions often means that data is required, which had not been considered necessary until then (for example, predictive maintenance algorithms work better the further in the past the system failures that they use for their prognosis). In addition, many data scientists complain that they spend a lot of their time merging and preparing data. For this very reason, numerous companies will strive to create a central data lake in the cloud in 2021, which brings together all IoT and non-IoT data and lays the foundation for future digital and IoT initiatives. Merge and process data.
For this very reason, numerous companies will strive to create a central data lake in the cloud in 2021, which brings together all IoT and non-IoT data and lays the foundation for future digital and IoT initiatives. Merge and process data. For this very reason, numerous companies will strive to create a central data lake in the cloud in 2021, which brings together all IoT and non-IoT data and lays the foundation for future digital and IoT initiatives.
Given The Four Significant Hurdles To IoT Adoption, New Success Stories Are In Short Supply
When will the IoT market finally shed its shackles and take off? At least not now. In 2021, the industrial Internet of Things will also primarily consist of pilot projects and test runs. Despite individual success stories, particularly in metering, fleet management, networked industrial systems and networked vehicles, the number of new large-scale IoT projects will only make up a fraction of the countless other pilot projects and tests.
The four biggest hurdles for IoT acceptance,
1. lack of interoperability,
2. lack of security,
3. unsolved problems with data protection and data sovereignty, and
4. limited ROI of practical applications will occupy us for at least a year and a half. At the same time, more and more companies will make their way into the Internet of Things, which should lead to further pilot projects and smaller tests for the IoT providers. These tests often parallel the “Build vs. Buy” process and the platform selected by the end-user. As in the past, however, there will continue to be success stories that will stay under our radar.
IoT Device Manufacturers Will Benefit From New Connectivity Options
Never before have there been so many connectivity alternatives for IoT end devices with remote access. For years, mobile communications were considered the safest option for networked infrastructure, containers, meters, pipelines, vehicles and much more. There is now a range of innovative LPWA-based technologies to choose from, which promise a significantly longer battery life.
After several significant operators rollout of connected networks, 2021 will show the extent to which device manufacturers and end-users accept new options such as NB-IoT and LTE-M and whether Sigfox and LoRa can keep their LPWA momentum in the long term. Most carriers will probably support both 3GPP standards. The IoT fields of application of the technologies only partially overlap, and upgrading the LTE network for both options causes comparatively little costs (on average only approx. 20% additional costs).
Some operators are already pursuing a “mixed” strategy with 3GPP standards in the upper segment and license-free technologies in the low-end area to react even more flexibly to the market. At the same time, newcomers who enter the market with new technologies such as mesh networks, satellite and (after 2020) 5G should open up a wealth of exciting connectivity options for IoT devices manufacturers.
Some operators are already pursuing a “mixed” strategy with 3GPP standards in the upper segment and license-free technologies in the low-end area to react even more flexibly to the market. At the same time, newcomers entering the market with new technologies such as mesh networks, satellite, and (after 2020) 5G should open up a wealth of exciting connectivity options for IoT devices manufacturers.
Some operators are already pursuing a “mixed” strategy with 3GPP standards in the upper segment and license-free technologies in the low-end area to react even more flexibly to the market. At the same time, newcomers entering the market with new technologies such as mesh networks, satellite, and (after 2020) 5G should open up a wealth of exciting connectivity options for IoT devices manufacturers.
Also Read: 5 Top IoT App Development Trends To Watch In 2021
IoT And Sustainability In A Double Pack
What is unique about the Internet of Things is that it integrates people and objects that were previously beyond the reach of technological development. It puts in a position to monitor air pollution, traffic flow and the food chain more efficiently or optimizes water supply, energy consumption and healthcare. All of this can make the world a little better, and in 2021 companies worldwide will increasingly understand that IoT is much more than an economic phenomenon – that it has a social dimension that should not be underestimated.
It should not be overlooked that there are already numerous sustainability projects based on IoT, such as monitoring the environmental situation or the food supply. However, many of these projects primarily pursue economic goals. Driven by heated debates about climate change, inequality of incomes and oppressive poverty, the first companies are likely to start using IoT technologies to strengthen global sustainability in 2021.
Blockchain-Based Artificial Edge Intelligence (BAEI) Reaches The Mainstream
Not! With this term, which at first glance is so catchy, we only want to show one thing: When you hear a catchphrase like BAEI, sit back, drink your coffee in peace and smile at all the companies that upload their marketing texts with such empty phrases. There are undoubtedly significant developments going on in edge analytics, artificial intelligence, and blockchain. But these developments do not all happen simultaneously and are certainly still far removed from the mainstream.
