In October Glaze conducted a seminar with more than 50 participants from many industries. The agenda comprised a review of the IoT landscape, an exploration of IoT cases and examples of how IoT-projects are successfully managed from idea to aftermarket. There was a very lively debate and there were many interesting perspectives and questions. We have selected a few of these questions and answers that we think have general interest:
What protocols will “win” in the future?
Fredrik Svensson, Glaze: “It is a relevant and hard question. Right now there is a lot of competition in the market in all segments, with many players on the low-power long-range technologies with little consolidation on the market and also a lot of fragmentation on the higher-bandwidth semi-long range technologies. On the short range high bandwidth market it seems that Wifi and Bluetooth have the market penetration to stay relevant and also transform their characteristics to suit many IoT scenarios. Who will win? Well, as is often the case I think that openness will eventually prevail and allow ecosystems to evolve. I would not be surprised if we would see GSM-based solutions take the leading role for long range solutions in the next years as this is an area where there already is a lot of investments in infrastructure and there is great coverage as well as a lot of technology development.”
In your case review, you hinted that you were early on fixed on a legacy product architecture that made certain things more complicated. Can you say that today with the new technologies that development is much faster?
Flemming von Holck, Glaze: “Well, you are right that if we had the same requirements then with today’s technologies we would have been able to complete the project faster. However, if we were to implement the same product today, I would assume that the requirements would have been that much higher, so that the total development time would roughly be the same. So in a way, certain elements such as mechanics, electronics and software always require a minimum of development time in order to create a satisfactory user experience. This also means that you when developing products today have to utilize the possibilities that new technology gives, otherwise you are creating products that will be obsolete when hitting the market.”
There is a lot of Industry 4.0 and IoT hype. What is the difference between Industry 4.0 and IoT?
Fredrik Svensson, Glaze: “In a way Industry 4.0 is just a specialization of IoT, sometimes referred to as IIoT, Industrial Internet-of-Things. IIoT incorporates machine learning and big data technology, harnessing the sensor data, machine-to-machine communication and automation technologies that have existed in industrial settings for years. The driving philosophy behind the IIoT is that smart machines are better than humans at accurately, consistently capturing and communicating data. This data can enable companies to pick up on inefficiencies and problems sooner, saving time and money and supporting business intelligence efforts. In manufacturing specifically, IIoT holds great potential for quality control, sustainable and green practices, supply chain traceability and overall supply chain efficiency.”
Let us know if you have any IoT questions you would like to discuss:
Managing Partner, Jakob Appel, email@example.com, +45 26 17 18 58