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The 'Internet of Things' Will Be The World's Most Massive Device Market And Save Companies Billions Of Dollars

Here are a few of the key findings from the BI Intelligence report:

The Advent of The Internet of Farms

Today more and more applications customers are able to grasp the advantages of the ubiquitously available connectivity.

Farming as an industry has a lot to gain from these advantages in connectivity.

Farmers are capable of better plan their production, monitor the evolution of their crops and even avoid catastrophic loss of production due to diseases in their herds.

Together with the University of Lisbon, Sensefinity is executing field trials to exactly try these business enhancing systems.

In order to explore productivity gains we explored improved irrigation algorithms specialized to cater for the cultivated crops. Real-Time Monitored Irrigation Systems are capable of yielding better output while reducing costs due to active soil probing and online connection to weather-forecast services.

Another trial to online track herd behavior and individual animal movement will help farmers identify diseased animals sooner and help them avoid catastrophic losses due to contamination.

Gartner claims Internet of Things will require business model shake-up

Applification of the Internet of Things will be key to success.

Turn on and off

The concept to use licensing to turn on and off features and capacity in different combinations to create additional value in the devices themselves and in the software that runs on top of them.

This is a similar model to how modem and router vendors can use software configuration to let customers pay to upgrade the existing device to accommodate greater bandwidth.

Device makers could provide different product tiers using licensing to unlock the appropriate features - without having to manufacture separate models.

Easy upsell

They could then quickly and easily upsell customers later by leveraging software-driven control of the device and licensing to make it easy for customers to upgrade to more expensive models.

The report suggests that IT manufacturers come up with a comprehensive management plan that supports both the online and offline licensing and entitlement life cycle. It will need to be scalabile to cope with IoT requirements in order to properly license software, Gartner said.

Cisco, IBM Launch Internet of Things Consortium | Sci-Tech Today

"Ninety-nine percent of everything is still unconnected," said Guido Jouret, vice president of Internet of Things Business Group for Cisco. "As the world looks to connect more things over the Internet, it is creating the next industrial revolution. Cisco is collaborating with industry-leading companies to break through the barriers of connecting things in industrial environments safely and securely, and paving the way for the Internet of Things." 

Finally, IPv6’s killer app: The Internet of Things | ZDNet

Cracks in the Silos

Today’s IoT networking is anything but standardized. As a relatively new technology that has grown separately to serve the needs of many masters, Internet of Things deployments are silos of proprietary or pseudo-open tech. Today, a more apt description would be the Internet of Gateways or the Internet of Cloud Middleware. Layer 3 protocols abound in both the slow moving industrial IoT and the rapid refresh world of consumer IoT.

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Solutions, mostly focused on measuring cost variables in a business model, have driven the use of proprietary or homegrown networking in Supervisory Control and Data Acquisition (SCADA) systems in the industrial world. To date these SCADA deployments are custom affairs built to be used once to perform a very specific function.

On the consumer side, the motivating factors to build proprietary tech are different. Here, the market is still relatively small and developing. Companies must offer full solutions, from physical sensors, to mobile apps and everything in-between in order for the business to be economically feasible.

Although a simplistic view, it is easy to see why these two main market drivers of the Internet of Things are not open, using standards-based solutions. In both cases it’s a simple case of economics. There are not enough commercial off-the-shelf (COTS), plug ‘n’ play devices, networking tech and middleware available to develop cost-effective, specific solutions as demanded by industry and the home. And the market isn’t large enough yet for companies to only sell standards-based COTS plug ‘n’ play devices, networking tech and middleware.

Meet the New Standard – Same as the Old Standard

Standardization in the IoT market needs to start at the bottom — the bottom being layers 1 – 3 of the networking or IoT stack. IPv6, having proven itself in connecting people, has scalability, interoperability with lower layers, and has been integrated into almost every system imaginable. That, combined with its almost unlimited address space, makes it the hands-down choice for IoT network connectivity. It’s just a matter of time before the IPv6 tide rises high enough to drown out all other networking challengers and deliver on the benefits of standardization – cost savings and a wide breadth of interoperable products and solutions to fuel innovation.

IPv6 is not without its problems, especially in so-called low-powered, lossy networks, where memory and computation power isn’t plentiful. However. too many smart people (and organizations) with vested interests are working on finding solutions to these shortcomings for IPv6 to fail.

When the use of IPv6 reaches its tipping point, it will enable IoT to reach to its true potential. In return, the Internet of Things will become that IPv6 killer app that we were directed to find in that board meeting long ago.

Data industries must be prepared for $300bn Internet of Things

Gartner Inc says that data management industries are about to see a seismic shift in the way they do business — whether they like it or not — as the rapidly growing Internet of Things (IoT) creates significant new challenges.

The IT research firm predicts the IoT — also known as machine-to-machine (M2M) technologies, where objects connect themselves to the internet — will grow to 26 billion installed devices and contribute more than $300 billion in revenue worldwide by 2020.

Google announces Android Wear, a Nexus-like platform for wearables

Google’s getting into smartwatches in a rather large way. As previously reported, the search giant is extending its Android platform to more wearables than just Glass. In a blog post that went out today, Google announced Android Wear, which is essentially a way for the company to extend its mobile OS to a new category of devices while offering a lower cost for developers and users — think Nexus for smartwatches. Of course, smartwatches are just the beginning, Google acknowledged that there’s plenty more to come, but it was ” starting with the most familiar wearable.”

Without stream processing, there's no big data and no Internet of things

e ourselves have been talking about the value of stream processing for big data for a while now. Other companies operating in stream processing are Cloudera, which is working with the open-source Apache Spark project; Hortonworks, which supports the open-source Apache Storm project; and cloud provider Amazon Web Services, with its Kinesis service. We are aware of a few other initiatives, but they’re not yet crystallized in full, productive, continuous projects.