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Are You Missing the IoT Bandwagon?

..wait there is still a ticket to ride

If you are one of those who understands what is IoT and how can it benefit your business and customers but are confused on how to implement it or are juggling between IoT sensor providers, application providers and network providers then it’s worth spending your time reading this further.

As per Gartner, 25 billion connected devices will be in use by 2020. As a Utilities Service provider or a White Goods Manufacturer, your future product line-ups are IoT-ready and energy-efficient but how do you decide which Network Service Provider to choose or which Application platform to choose?

As a Telecom Service Provider, you want to be the preferred IoT Network Service Provider for customers and IOT OEMs alike, but with billions of connected M2M devices at any given point of time, are you willing to use your costly and scarce-licensed spectrum for this comparative low-end interface?

As a decision maker of a government agency, it’s your responsibility to make your city smart and energy-efficient. You have heard a lot of noise that IoT is the way to go about it and, as a matter of fact, some companies have also presented you their products and solutions. However, IoT sensor manufacturers, network service providers and application providers are all separate. It has now fallen on you to execute IoT for your city, liaise with all these providers, ensure solution is energy-efficient and everything is compatible with everything.

So as a company or as a government agency you need to decide how would you like to go ahead with IoT, i.e approach each IoT component provider individually or hire the services of complete IoT solution providers?

Anyone who has dealt with multiple platforms, devices and partners knows it is easier said than done and there are bound to be trade-offs. Also, if you were supposed to execute the IoT solution yesterday, then preferably you should select the latter. Additionally, if you are implementing IoT for the first time it makes sense to start small, test the solution against your requirement as a proof of concept and select an end-to-end solution provider rather than exhausting your resources on doing research on individual components and their compatibility with each other.

Look for an IoT solution provider who has Big Data Storage and Application platform on cloud. This will reduce your initial infrastructure CAPEX cost as most cloud solution are subscription-based plus it will provide you setup geographical flexibility and leverage to scale up or down as per utilization.

With billions of data packet transfers happening 24X7 in IoT, look for a solution provider which preferably uses low power, long range unlicensed radio network like LoRa* rather than costly and scarce licensed spectrum (EDGE, 3G, 4G LTE).

Look for an IoT solution provider who are either IoT sensors manufactures themselves or IoT OEM aggregators. You will have two advantages – 1) Sensors would be available at one place and; 2) They would be compatible with the overall solution of IoT solution provider.

There are many complete IoT solution providers, for example, Actility by Thingpark. Actility, a LoRa* Alliance Partner is a Demand Response Aggregator and Smart Energy Management and Support Service Provider. It can deliver Smart Utilities, Street Lighting, Agriculture, Water Irrigation, Temperature /Humidity Sensitive Warehousing Efficient Energy Management Solution in minimum time. Plus, along with their OEMs, Actility can develop and provide custom solutions.

IoT is the next big thing, you cannot remain untouched. Make the right choices at the right time.

* LoRa Alliance is an open, non-profit association of members who are providing standard Low Power Wide Area Networks (LPWAN) and sensors and devices on LoRa protocol (LoRaWAN), for deployment around the world to enable Internet of Things (IoT), machine-to-machine (M2M), smart city and industrial applications.