How the Energy Industry Can Use the Industrial IoT to Innovate

| October 12, 2016

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The world’s demand for energy is not going down, but with oil prices staying consistently low, oil and gas companies need to ensure that their operations are as efficient as possible. As they hunt for more sources of energy, companies are turning to the industrial Internet of Things (IIoT) to achieve these efficiencies and expand operations.

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Quantum Strides LLC

Quantum Strides is a breed of new millennium companies, that specializes in emerging and disruptive technologies. With technology changing at a rapid pace, Quantum Strides helps businesses, organizations and individuals close the gap between the known and the new.

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The Importance of IoT Platforms Through the Eyes of an MVNO

Article | March 16, 2020

IoT has a massive scope and too many requirements that can leave even the best of telecom operators clueless. With exalted predictions in the near future (some estimate that IoT devices will cross the 40 billion mark by 2025), the pressure on IoT service providers is immense. There is a need to automate the management of connected devices and sensors, which is why a comprehensive IoT platform has become the need of the hour. Every single one of these platforms plays a huge role in the overall functioning of sensors and devices that form the entire IoT universe. An IoT platform serves as a middleware that connects devices/sensors. It contains an assortment of functions such as controllers and sensors, a communication network, a gateway device, translating and data analysis software along with end application services. IoT platforms are equipped to handle vast quantities of data, applications, subscribers, websites, sensors and devices, and at the same time triggers actions according to the input, in real-time.

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The Internet Of Things is all over HVACR. Is the value there yet?

Article | March 16, 2020

AHR Expo used to be mostly a “mechanical engineering” event, and even in 2017, when I first got there, there were just a few companies who mentioned IoT or connectivity at their stands. Only the most prominent players in the HVACR industry presented their IoT solutions. In my conversations with companies at that time, no one was taking IoT very seriously. And it’s understandable, there already were Modbus, BacNet – well-defined protocols to connect machines to a PC or PLCs to make them work in unison without any Clouds and external access.

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Four ways to ensure IoT success

Article | March 16, 2020

Three out of four IoT projects are considered a failure, according to Cisco. This is troubling but even more so when Cisco also found 61 per cent of companies say they believe they’ve barely begun to scratch the surface of IoT can do for their business? Businesses believe in the long-term value offered by integrating IoT into their business plan, however, they lack the knowledge of what is required to ensure the success of such a complex project. By studying past failed projects, technology leaders can gain a better understanding of why they failed and what they can do differently when evaluating and undertaking new IoT initiatives.

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5 Things to Know About the IoT Platforms Market

Article | March 16, 2020

5 years ago, when we forecasted that the IoT platforms market would have a 5-year compound annual growth rate (CAGR) of 35%, we wondered if our growth projection was unrealistically high. 5 years later, it has become apparent that the forecast was actually too low. The IoT Platforms market between 2015 and 2020 grew to be $800 million larger than we forecasted back in early 2016, resulting in a staggering 48% CAGR. Comparing what we “knew” back in 2016 to what we know today provides some clues as to why the market exceeded expectations so much. 5 years ago, no one really knew what an IoT platform was, let alone how big the market would be, which business models would work, how architectures would evolve, and which companies/industries would adopt them. The only thing that was “known” was that the IoT platforms market was a billion dollar “blue ocean” opportunity ready to be captured by innovative companies.

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Quantum Strides LLC

Quantum Strides is a breed of new millennium companies, that specializes in emerging and disruptive technologies. With technology changing at a rapid pace, Quantum Strides helps businesses, organizations and individuals close the gap between the known and the new.

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