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Digital Techonolgy Internet of Things

IoT Evolution West 2017—7 Takeaways from Las Vegas

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Despite its seemingly slow and slack development compared with eye-catching technology like Artificial Intelligence, Internet of Things is actually a concept that will revolutionize people’s life style- connected living solutions. Here we come to the IoT Evolution West 2017, meet with the IoT ecosystem and worldwide business leaders and learn how to leverage the power of the IoT to transform and move your business forward. The following passage boils down this year’s IoT Expo down to 7 takeaways.

It takes you 8 minutes to read.

Greetings from rainy Las Vegas! Yes, you read that right. It does pour every now and then in the desert. Despite the less-than-ideal weather conditions, the IoT For All team braved the unexpected moisture and has boiled down 3.5 days worth of presentations into 7 things you need to know.

Get to know IoT evolution.

7 Takeaways from IoT Evolution West 2017

1) LPWAN is Alive and Well

As a modern day Mark Twain might have quipped, the reports of LPWAN’s death are greatly exaggerated. Despite the predictions of new cellular technologies such as LTE-M and NB-IoT displacing the need for Low Power Wide Area Networks(LPWANs), they are alive and well.

Mark Josephson (CEO of Coris) moderated a panel with John Horn (Former CEO of Ingenu), Dave Kjendal (CTO of Senet), and Dane Witbeck (President of Meshify) to discuss why LPWANs are still the right choice for battery-powered, cost-sensitive IoT applications.

Assuming you don’t need to stream video or audio, enterprises should seriously consider LoRa and RPMA technology for certain use cases. New advancements in over-the-air (OTA) firmware updates, position fixing without GPS, and declining costs for radio modules make them an attractive choice and, unlike, some of the emerging cellular technologies, they’re available now.

2) MulteFire is Getting Hotter

MulteFire is a LTE-based small cell technology that operates in unlicensed shared spectrum at 5GHz (same as WiFi) and delivers LTE performance with WiFi simplicity. It provides enhanced coverage and capacity, mature security, and a robust user experience appropriate for ISPs, mobile operators, cable companies, enterprises, and small businesses.

Mazen Chmaytelli, President of the MulteFire Alliance and Senior Director of Business Development at Qualcomm, discussed how removing the financial barriers of licensed spectrum makes it an excellent choice for many indoor and outdoor neutral host deployments within malls, airports, hospitals, venues, campuses, factories, and warehouses.

The MulteFire Alliance was initiated by Qualcomm and Nokia in late 2015 and has been embraced by Intel, Ericsson, Huawei, Boingo, Comcast, Cisco, CableLabs, Sony, SoftBank, and other industry giants. MulteFire uses Listen-Before-Talk mechanisms, power level management, and channel sensing for WiFi coexistence and supports streaming applications like video and voice. If this new communications technology is not on your product roadmap, you might want to consider it. For more details, go to https://www.multefire.org.

3) IoT Technologies Will Disrupt the Insurance Industry

The ubiquity of IoT presents numerous opportunities for the disruption of business-as-usual within the insurance industry.

Marc Josephson (Coris) moderated a lively panel with Craig Copeland (Swiss Re), Ashok Nare (Kollabio), and Anand Rao (PWC) to discuss the implications of real-time remote monitoring on risk models and premium calculations.

Timing is still uncertain but the applications for security (homeowners/renters insurance), driver behavior (auto insurance), worker’s compensation (business insurance), and fitness (health insurance) are coming. No longer will premiums be calculated on an annual or semi-annual basis; expect near real-time adjustments to costs as relevant behavioral data is available via IoT technologies.

4) Lessons on IoT From Amazon

John Rossman, former Amazon executive and author of the book “The Amazon Way,” hosted a keynote on how to rethink products in a connected world.

He explained that IoT is much more than simply applying technology to reduce costs and increase business intelligence but rather an opportunity to evolve static products into sticky services that create a long-term, mutually beneficial relationship with end users. Companies that understand this dynamic and build seamless end-to-end solutions, whether for consumers or businesses, will be the big winners when the smoke clears.

5) Processing and Storage Continues its Relentless March to the Edge

Cloud computing is all the rage these days for good reason but many real-time IoT applications require processing and storage closer to the edge. The advantages of edge computing include decreased communications costs, better security, fewer single points of systemic failure, and faster decision times.

Chris Cellberti of the InField Group led a discussion with Robert Lutz (VP of Business Development at Systech Corporation) and Hiep Phan (VP of Research and Development at Virtium) on how gateway/access point compute and storage solutions can enable applications that aren’t possible with a cloud-based approach.

In many IoT use cases, gateways act as local aggregation points in star topologies and are a natural place to augment processing and storage capabilities?—?especially for IIoT use cases.

6) Remote Asset Management is a Killer IoT Application

Asset tracking and remote management is one of the hottest IoT areas right now. Numerous sensor, communications, and software companies are working on integrated solutions that permit always-on, two-way communication and precise tracking of nearly any valuable asset—from cars to boats to containers to heavy equipment.

Angel Mercedes from Sierra Wireless hosted a chat with Julie McGowan (GLOBECOMM), Chuck Moseley (Inmarsat), Sudhakar Marthi (ZOHO Corporation), and Dan Harper (Siren Marine) on how the benefits of IoT are changing the way businesses and consumers monitor their fixed and mobile assets.

Satellite communications, inexpensive and precise location, and solar-powered battery recharging are some of the technological advances that are driving this trend across use cases such as theft reduction, inventory management, supply chain optimization, and proactive preventative maintenance.

7) Large-Scale IoT Deployments are Scarce

And finally, this was not mentioned during a particular track or presentation but rather an observation by speaking with attendees, exhibitors, and presenters. Large-scale enterprise implementations of IoT are extremely rare—regardless of the underlying technology—and most revenue for IoT providers is in systems integration.

Impediments to scale include technological immaturity, high recurring communication costs, expensive sensors with custom firmware, and lack of a proven value proposition. The good news for industry players is that we are in the early innings of a larger automation cycle with the majority of SaaS/PaaS revenue still to come. Just batten down the hatches and make sure you have enough financial runway to weather the bumpy ride.


By Eric Conn

Source: IotForAll.com[/vc_column_text][/vc_column][/vc_row]

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Digital Operation Digital Supply Chain Digital Techonolgy Highlights Internet of Things

How IoT is Revolutionizing Supply Chain Management

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IoT, the Internet of Things, has gradually led us into a truly connected world, making the collection and exchange of data far more convenient. The following passage focuses on IoT’s revolutionary role in supply chain management, such as fleet management and asset tracking, with examples of 3 big players – Verizon, Cisco and IBM.

It takes 6 minutes to read.

Supply chain management is a foundational business process that impacts nearly every enterprise, whether you’re a manufacturer who must transport parts into a factory and finished goods to the point of sale, or a farming operation tasked with transporting produce for processing or to commercial kitchens.

Quite often, this important task involves third-party logistics companies, which, while filling an important role, can also insert inefficiency and lack of visibility into the process.

Sensors that can monitor the condition of products in shipment and cloud platforms that can optimize delivery routes are just some of the technologies that are currently disrupting the way supply chains are managed.

Asset Tracking & Fleet Management

Two important supply chain management use cases that have been enabled by the Internet of Things (IoT) are asset tracking and fleet management.

# Asset Tracking

Based on RFID tags or global SIMs, for example, asset tracking allows a supply chain manager to know in real-time where a product, truck, or shipping container is located; if it’s passing through the Panama Canal on a container ship or moving down an assembly line on a factory floor.

This granular insight into the supply chain, when coupled with cloud computing and data analytics, can inform predictive models that allow for up-to-the-second delivery information, which, in turn, can create efficiencies in staffing levels as it relates to monitoring and receiving products, as well as the availability of complementary assets, like a crane needed to unload a barge or a forklift to load a truck.

# Fleet Management

To fully understand the impact of fleet management, consider FedEx or DHL drivers tasked with moving light-trucks filled with packages around an urban area. Factors such as weather, traffic congestion, time of day, day of the week, and whether a co-worker called in sick can all change the time it takes to get packages from a warehouse to the customer.

With so many variables, it’s unrealistic to expect that a human could always make the most efficient decisions. However, cloud platforms that are fed data from the fleet, traffic models, weather reports, and other sources, can plot a much more efficient route.

Packages get to the customer faster, ensuring a better end-user experience. Also, driver headcounts, fuel consumption, and maintenance costs can all be reduced. Finally, fleet management allows operators to know, based on analysis, that asset reliability, availability, and efficiency are all optimized.

Network Operators & Equipment Vendors

From the perspective of network operators and equipment vendors, asset tracking and fleet management are low-hanging fruit for a number of reasons.

Almost every potential customer engages in some form of supply chain management, equating to a huge addressable market. Also, the necessary technology is well-understood, readily available, and easily integrated into existing enterprise IT platforms.

As with many other enterprise and industrial IoT use cases, most of the major players are approaching supply chain management with an end-to-end solution, which is meant to ease adoption for buyers by bringing a turn-key solution from a single vendor point-of-contact.

While that sounds easy enough, this means the vendor, to truly bring an E2E offering, needs domain expertise in IP connectivity, cloud services, security, hardware and positioning.

How Big Players are Using and Enabling Asset Tracking & Fleet Management

@Verizon

Verizon is looking to leverage its investment in a nationwide LTE network and spectrum to support IoT services such as asset tracking and fleet management.

The selling point for LTE for IoT, particularly LTE Cat M1, is dependability, scalability, security, cost, and long battery life for sensors and other field appliances.

Verizon is partnering with Sequans to design and build Cat-M1 chips that embed Verizon’s ThingSpace IoT management platform. This would let enterprise users easily develop and deploy devices tailor-made to support their particular role in the supply chain process.

@Cisco

The same techniques that help a delivery driver optimize his or her route can be used to help save lives.

Cisco worked with the nonprofit California Shock Trauma Air Rescue (CALSTAR) air ambulance service to bring efficiency into its dispatch system. When an emergency call is routed to CALSTAR dispatch, the public safety answering point is geo-matched to the nearest air ambulance crew, which is, in turn, dispatched.

The dispatcher can speak with the ambulance crew and emergency caller through one system, which facilitates communications about arrival and lift time, as well as helps the crew prep for dynamic emergency situations.

“The Internet of Everything is connecting our people, processes, and data in ways that we couldn’t do before,” CALSTAR IT Director Julie Hyde said. “The biggest change is that we have better operational control now. Operations has greater peace of mind and so do crews, because they know that our technology helps ensure their safety and security.”

@IBM

Obviously, data analytics is a big part of deriving supply chain efficiency from IoT. To better understand the role of big data, let’s look at how IBM is leveraging its Watson artificial intelligence platform to address supply chain needs.

In a recent white paper, IBM noted that “as much as 65% of the value of a company’s products or services is derived from suppliers.” To overcome lack of transparency into the supply chain, the report author concludes that, “By establishing greater visibility into supply chain data and processes and leveraging cognitive technologies, supply chain organizations can both predict and mitigate disruptions and risks and deliver more value to the business.”

In terms of visibility, IBM suggests providing every supply chain stakeholder with a shared, unified view of relevant data. In a case study of customer Bonnie Plants, which provides plants to retail locations, IBM enabled “real-time visibility [which] allows the company to ship new plants where and when they are needed.”

The other big piece is predictive abilities — if you can see a potential supply chain disruption coming, it’s easier to plan and mitigate.

Working with IBM, KeHE Distributors modernized its logistics network to ensure operational efficiency. “In our industry, operating lean is crucial to combat downward pressure on margins,” Carl Snyder of KeHE said. “We have not experienced any unplanned downtime, keeping our logistics network running smoothly and cost effectively.”


By Brian RayFollow, an entreprenuer, founder of Link Labs.

Source: LinkLabs.com

 

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