WELCOME TO The THE INTERNET OF THINGS REPORT
How Global Leaders Are Leveraging the Enterprise Industrial Internet of Things (IIoT)
OWEN HUANG | August 26, 2019
Iridium Communications Inc. is the only mobile satellite service (MSS) company offering pole-to-pole coverage over the entire globe...
Article | February 18, 2020
The Internet of Things is gradually penetrating every aspect of our lives. With the growth in numbers of internet-connected sensors built into cars, planes, trains, and buildings, we can say it is everywhere. Be it smart thermostats or smart coffee makers, IoT devices are marching ahead into mainstream adoption. But, these devices are far from perfect. Currently, there is a lot of manual input required to achieve optimal functionality — there is not a lot of intelligence built-in. You must set your alarm, tell your coffee maker when to start brewing, and manually set schedules for your thermostat, all independently and precisely.
Nokia may be best known for cellular phones, but in recent years the Finnish company has focused on networking hardware — the radios and infrastructure that connect cellular devices to the internet. Today, Nokia announced that it’s augmenting its Worldwide Internet of Things Network Grid (WING) with new 5G capabilities, enabling cellular carriers to offer global-scale 5G IoT services to customers without building out their own networks. While that’s a lot of jargon to absorb at once, the gist is that carriers like AT&T and Verizon want to offer business customers the ability to connect small IoT sensors to the internet but don’t necessarily want to spend the money to build the cellular infrastructure the sensors need to communicate. So Nokia offers WING as a global IoT infrastructure, partnering with carriers to sell access on a pay-as-you-go basis.
Pharma is big business, but what it’s not generally recognized is, in large part, a manufacturing business with complex supply chains, finicky chemical processes and products that have to meet stringent quality controls. Few of those outside the industry think about how drugs are made safely, efficiently and at scale with reliable quality and in precisely measured doses. Even more interesting is the simple fact that pharma often produces sophisticated drugs using manufacturing processes that are decades out of date, and which are being phased out in comparable industries, such as chemical manufacturing.
As consumer demands evolve, fleet managers are turning to IoT to deliver products faster and more efficiently. The progress being made in edge computing represents the full potential of IoT: the power of data on the move. However, operating on the edge also reveals some of IoT’s greatest challenges: maintaining network security as the number of endpoints multiplies; rethinking traditional business models as industries become increasingly interdependent; and, perhaps most importantly, establishing a seamless, reliable network across borders, cultures, and regulatory environments.
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