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Project Consultant of the Digital World

Internet of Things  …. With the development of new generation connection technologies that constantly create new opportunities in the value chain, businesses have to develop new plans in order to capture the potential of these opportunities.

Stakeholders developing IoT products and connectivity solutions are radio and chip manufacturers, platform developers, IoT-based product manufacturers and all companies in different sectors that purchase and integrate IoT-based products into their business or sell them. Currently, these companies around the world can choose the most suitable from more than 30 connection options. Key factors such as bandwidth, range, cost, reliability and network-management features are decisive among the choices.

Improved production efficiency

In farms that have made the technological leap forward, wireless IoT sensors can send the moisture and nutritional value of the soil to contracted agricultural experts anywhere in the world. IoT-based sensors connected to animals in livestock businesses can collect the data required for hundreds or even thousands of animals to live healthier together and send them to business managers. IoT-based alarm systems, which have batteries that can last for many years, offer long-term security opportunities to homeowners. Wearable fitness devices - for humans and pets - can measure daily activity levels, provide feedback on issues such as heart rate, calorie consumption, perspiration rate, and generate statistics. Although each device has a different application area, the most important and most sensitive point where they all come together is "the power of the connection".

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Digital Future

Stakeholders developing IoT products and connectivity solutions are radio and chip manufacturers, platform developers, IoT-based product manufacturers and all companies in different sectors that purchase and integrate IoT-based products into their business or sell them. Currently, these companies around the world can choose the most suitable from more than 30 connection options. Key factors such as bandwidth, range, cost, reliability and network-management features are decisive among the choices.

 

This wide range of options, with constant improvements, began to pose a serious dilemma. If stakeholders choose a particular access option and the market moves towards another access option, the IoT devices they produce, the solutions they develop, and the supportive services they provide will soon begin to die (let's remind the Beta-VHS crash in the videotape period for those who are getting older). If they follow the trends in the access world and wait to act accordingly, they are in danger of being destroyed by a more aggressive competitor.

 

Cellular 5G networks, which are currently under development, can be considered as a universal solution for IoT access. Although some global telecommunications giants and industrial applications are already using 5G technology, 5G technology will not be widely available in the next 5 years due to high R&D, production and distribution costs. While the IoT-connected economy is expected to grow from $ 3.9 trillion to $ 11.1 trillion in 2025, it is not possible for companies to suspend their IoT investments for 5 years.

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