While waiting for more future-proof business models to settle into place, the IoT market is still being driven by vertical industries’ regulation and public policies (especially when it comes to automotive and energy) around the world.
The exponential increase in IoT data, combined with the development of big data and analytics, is opening up very attractive monetisation prospects. However, at least in the short term, vertical IoT sectors’ use of data will translate more into cost savings (of around 1%) than any new revenue stream.
The data generated and used by Internet of Things (IoT) solutions come from a variety of internal and external sources, such as those generated by third-party APIs. Data can also be aggregated to produce new datasets, and the data being used are often blocked, or at the very least controlled, by the parties that own [...]
There is still a lot of buzz around the concepts of smart homes and smart buildings, even though developments have not always been as swift as expected. But the first positive signs in the area of interoperability are starting to lift certain barriers. IDATE DigiWorld is forecasting a market that will grow from more than 200 million objects in 2015 to some one billion in 2025.
A market driven by security and energy management The terms ‘smart home’ and ‘smart building’ refer to a set of technologies that make it possible to interconnect a range of products inside a home or building, to then be able to manage them, control them and automate their operation. If some connected products are still [...]
The smart city concept has been taking hold over the past ten years as a central tenet of city planning, with particular emphasis on innovation, in the broadest sense of the term, to meet the challenges that cities today are facing. It starts with sustainable development and the digital transformation.
A complex ecosystem, the smart city requires a multi-disciplinary approach to breaking down the old silo approach that has reigned over urban development and urban planning up to now. The digital transformation is a good example of the emergence of new challenges that need to be taken into account in a city environment. The growing [...]
Despite the multiple obstacles to arise from concerns over data protection and viable business models, the health industry will continue to invest in e-health solutions. The impetus behind these investments include hopes of lowering costs, increased security and better quality healthcare and, ultimately, a healthier population.
A budding market This past year was marked by challenges to digital giants’ wellness-related ambitions for the wearables market, as they moved into medical wearables. A great many players, from MedTech specialists (Philips and Tunstall) to digital giants (Apple) by way of start-ups and even insurance companies (Axa), have rolled out connected medical solutions and [...]
By 2025, the industrial and logistics sector will have deployed more than 500 million connected products. This massive rollout will have a major impact on the entire value chain, ushering in substantial productivity gains (potentially 5% to 8% of total production costs) as well as new business models.
A complete transformation of industrial processes The transformation of industrial processes brought about by IoT, which many are calling the ‘fourth industrial revolution’, will affect manufacturing in its entirety. It will involve an overhaul of production infrastructure (smart factories) but also create new product and service possibilities and pave the way for a new paradigm [...]
The first fully autonomous (level 5) cars are expected to be on the market within just years, and to have a dramatic impact on mobility and multimodal transport.
Generally speaking, the autonomous car is defined as being any car capable of satisfying its operational functions of a traditional car but with limited, or no human intervention. Several obstacles and enablers to having these vehicles on the road have already been identified. Comfort and safety above all Proponents of the autonomous car say that [...]
Upcoming innovations in the area of IoT will focus chiefly on the connectivity and middleware layers, and will be driven mainly by solution providers.
Tangible impact all along the technical chain A great many segments along the technical chain will be affected by the introduction of these new Internet of Things (IoT) technologies. They will affect the various layers: Hardware: notably the new eUICC-embedded SIM cards. Connectivity: the introduction of disruptive LPWAN network technologies – both unlicensed (led by [...]
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