Profiting from the Internet of Things: Above and Beyond Connectivity

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The number of connected things – the Internet of Things (IoT) – grows each day.  Many IoT things are low-tech and unlikely to stimulate a business model revolution (tracking personal belongings through a Tile device, or remotely turning off your home lighting), and many others are downright silly (does anyone remember the connected fork that transmits your eating pace to a smartphone app?).  But these are surpassed by IoT use cases that offer the potential to transform entire industries and individual lifestyles. Smart meters are transforming the world’s power industry, connecting homes and appliances for remote monitoring and control.

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Mobica

Mobica is a world-leading software services company that provides technology solutions in the connected device market, bringing next generation, time critical products to life. Working with the top global technology providers, developing across the whole software stack, Mobica delivers bespoke consulting, software engineering and testing services. Mobica provides services to customers, augmenting their teams and leading development projects across the entire software stack.

OTHER ARTICLES

A three-step approach to successful IoT adoption

Article | March 11, 2020

Most would agree that the adoption rate of the Internet of Things (IoT) has fallen well short of predictions. Given the proven benefits that the IoT can deliver, such as preventative maintenance and real-time asset management, it’s confounding that every company isn’t well on its way to leveraging IoT. There are far more attempts to adopt the IoT than successes, says Terri Foudray, founder and CEO of Rumble, as well as several reasons that the IoT is not meeting or exceeding adoption forecasts. The culprits behind adoption failures include the lack of available talent, the overwhelming and complex volume of prospective vendors, the lack of a solid business case to define success, and the derailing of initiatives caused by unanticipated political and cultural pitfalls that often accompany enterprise-wide technology adoption.

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From outside-in to inside-out: My take on IoT

Article | March 11, 2020

At IDC I co-founded a practice that studied the three dimensions of IoT: industry technology platforms, industry verticals and industry geographies. As an industry analyst, I had a front-row ticket to the IoT market and continually witnessed incredible innovations. Like many other experts, I kept my seatbelt buckled for what we expected to be IoT’s massive and dramatic take-off. While there has been uptake, real-world adoption and implementation have lagged the “hype.” In time, I found myself growing increasingly frustrated at the disconnect. What was the holdup? Knowing that industry analysts are beholden to the marketing messages that each company shares, I welcomed an opportunity to make the move from an outside-in analyst to an inside-out contributor.

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Four ways to ensure IoT success

Article | March 11, 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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The Internet Of Things is all over HVACR. Is the value there yet?

Article | March 11, 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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Spotlight

Mobica

Mobica is a world-leading software services company that provides technology solutions in the connected device market, bringing next generation, time critical products to life. Working with the top global technology providers, developing across the whole software stack, Mobica delivers bespoke consulting, software engineering and testing services. Mobica provides services to customers, augmenting their teams and leading development projects across the entire software stack.

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