The ABC’s of IoT Part 2: Internet of Things Fundamentals
The ABC’s of IoT: Fundamentals of Today’s Internet of Things
The Internet of Things (IoT) is continually evolving and growing. With so many changes in market dynamics, technologies, and applications, it may be hard to keep up with trends and opportunities in the IoT space. In this second installment of our three-part series, we break it all down to the fundamental building blocks that characterize the current state of IoT and that will drive the future of the smart device ecosystem.
J is for Jobseekers
When building a business case for IoT adoption, consider that automating customer and asset-facing workflows with modern tools and ready access to data is helpful in attracting jobseekers and retaining talent in today’s competitive market.
K is for Kits
Software Development Kits (SDK) available from many IoT platform providers give application developers the tools to quickly roll out new capabilities that expand IoT into more markets and business sectors.
L is for Low Power
Low Power Consumption must be a key consideration when designing and installing IoT devices due to their always-on nature and often remote locations that make running power or replacing batteries difficult.
M is for Manufacturing
Manufacturing is the vertical sector with the greatest IoT adoption and the highest projected growth rate for the next several years, driven by a need to make the global supply chain more integrated and intelligent.
N is for No Code
No Code/Low Code development tools democratize the development of IoT applications so that end users can address business challenges with greater agility than if they are entirely dependent on their IT teams.
O is for Omni-Channel Retail
COVID-19 has extended customer-facing applications to kiosks, curbsides, parking lots, and virtual environments to create an omni-channel retail experience in which customer engagements must be personalized and seamless; a trend that will likely continue long into the future.
P is for Private LTE
Private LTE network installations in remote locations, campuses, and other facilities where wireless coverage may not be adequate to sustain operations help to maximize security and control and optimize data traffic for mission-critical business applications.
Q is for Quicker Deployment
Partner ecosystems that connect and integrate IoT stack components from modules, to devices, to software, to analytics platforms enable quicker deployment of end-to-end smart business solutions.
R is for Retrofitting
Retrofitting assets with endpoints and sensors for connectivity unlocks insights into processes.