IoT Security
Article | July 17, 2023
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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IoT Security
Article | July 5, 2023
2022 looks bright for power optimization! The vibrant research and development in Internet of Things (IoT) is fueling the expansion of wireless monitoring solutions and enabling giant leaps in terms of low-power design. A longer lifetime for your batteries, and thus for your device, is a dream about to come true.
We have gathered some of the most notable power optimization trends that are getting us all excited for 2022…
5G, the next era of broadband cellular networks will offer improved power saving capabilities
The next wave of wider 5G cellular technology is designed to support various new highly challenging industrial use cases. These usually require increased hardware complexity and more processing, together with higher processing power. These requirements can raise power consumption quite significantly.
Smart power consumption and energy efficiency are thus becoming keys for the success of these applications and 5G technology.To that extent, 5G New Radio (NR) has progressed swiftly. The new 3GPP™ release is designed to significantly improve the performance, flexibility, scalability, and efficiency of current mobile networks. Improved power saving features now allow IoT developers to get the most out of the available battery capacity. This could make all the difference for new IoT use cases and efficiencies.
A new generation of sensors are optimized for low power technologies
New families of ‘breakthrough’ sensors, based on anultra-low power architectureare optimized for use in compact wireless devices. These sensors offer a richer set of functionalities and can be combined to create new insights (sensor fusion). One of the greatest challenges facing developers of these small form-devices is power consumption. Aware of these limitations, hardware manufacturers have been working hard to address them. Integrated circuit designs and techniques are now using less power while smart processing capabilities are enabling the sensors to intelligently manage sensing functionalities,delivering ultra-low power performance for best-in-class power consumption. The use of advanced Low Energy Bluetooth and wireless protocols (e.g. Bluetooth Low Energy (BLE) or ZigBee Green Power) also allows the transmission of data to the gateway more efficiently compared to prior solutions, opening new possibilities for developers.
Big Data, Analytics, Machine Learning and Edge computing are picking up the pace
The explosion in data volume and diversity is forcing organizations to rethink the way they process the information. Indeed, capturing, sending and processing the information in the cloud can be taxing for the network, the storage and the computing infrastructures which demands more processing power, hence the need to keep the transmission window as short as possible.
This has led to the development of advanced devices capable of collecting, processing and storing data autonomously before the data is sent to the servers. This concept is calledEdge computing. By reducing the need for data to be streamed through the networks, diminishing computing and processing costs,Edge computing contributes to optimizing power performance, whilst delivering quality data in a more sustainable way.
The rise of DevOps and new IoT Device Management platforms are contributing to better efficiency and better devices
The rise ofDevOpshas been swift. Derived from Development and Operations, ‘DevOps’ teams are responsible for making sure that the infrastructure is being maintained properly.With the help of IoT Device Management platforms—which are a central part of today’s IoT ecosystems— DevOps teams can better manage, scale and operate their fleet of devices remotely and reduce long-term operational costs.One of the areas that benefits from the rise of DevOps implementation is power supply optimization, as more efficient protocols such as Lightweight Machine to Machine (LwM2M) allow for device and battery monitoring, remote device actions and faster communication.
Harvesting technologies are becoming more effective
Power harvesting technologies include processes where energy from ambient sources such as the sun, temperature, movement or wind, is captured and stored to power wireless autonomous devices. Now gaining experience,harvesting technologies can exploit natural resources better than ever before.
As a result,the gap between the power requirements of embedded systems and the energy generated by energy harvesting systems is finally closing. Industrial applications for these technologies are still very limited, but coupled to efficient rechargeable batteries, they can present new opportunities for devices deployed in wild remote areas.
Power optimization tools are becoming increasingly exhaustive and reliable
Battery optimization is everyone's business and needs to be considered throughout the overall system performance analysis, from prototyping to deployment and on toward maintenance cycles.
Several innovating tools haveappeared on the market over the past few years and developers have now access toa rich ecosystem of tools to analyze their overall system performance.
Wisebatt for Saft for example can help creating a virtual prototype and simulate its consumption.Deutsche Telekom’s IoT Solution Optimizergoes even further. You can model the complete system to identify potential energy consumption issues or leaks. The system can not only recommend the right combination of power saving features based on your use case, but also can help you visualize how communication payload size, protocol use and communication frequency impact your battery life.
When at the prototype stage,Qoitec Otii solution measures in real time the consumption of your device at various temperatures, up to the measurement of the firmware and hardware operations without the need for expensive testing. These tools are constantly enhanced and improved to deliver better analysis and more accurate data.
With an increased awareness from IoT developers of the stakes of power consumption and the growing rate of low-power innovations, batteries are now able to outlive the devices they’re in. This opens the doors tomany new markets and applications and above all to more sustainable consumption patterns. When we told you the future looks bright, we weren’t joking!
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IoT Security
Article | June 28, 2023
Discover the crucial role of big data capabilities in unlocking the potential of IoT for businesses. This article covers their synergy, challenges, and value in decision-making and revenue generation.
Contents
1 Why Big Data and IoT Matter for Businesses
2 Understanding Synergy of Big Data and IoT
2.1 How IoT generates Big Data
2.2 Challenges of Processing Big Data from IoT Devices
2.3 Importance of Big Data in IoT Applications
3 The Value of Big Data and IoT for Businesses
3.1 Improved Decision-making for Businesses
3.2 Generate New Revenue Streams
4 Final Thoughts
1. Why Big Data and IoT Matter for Businesses
The internet of things (IoT) is connecting all types of physical assets to the internet, from smart wearables that track wearer’s vitals to connected industrial units that can report any malfunctions automatically. Big data in IoT is a natural outcome with the growth of IoT devices, with an immense surge in the amount of data being generated.
There are currently over 13 billion connected IoT devices worldwide.
(Source – Techjury)
This data is extremely valuable to businesses as it can help streamline operations, predict trends, and diagnose device issues. Certain functions of IoT devices that are crucial for modern businesses, such as enabling predictive maintenance, depend on the analysis of the data generated every second. However, to maximize the ROI from their IoT ecosystem, businesses must first manage and process the vast amounts of unstructured data they produce. This is where big data capabilities come in.
2. Understanding Synergy of Big Data and IoT
Big data and the IoT are fundamentally different concepts, but are closely connected. Big data is a term that is used for a great amount of data that is characterized by volume, velocity, variety and veracity (or the ‘trustworthiness’ of data). The IoT is a term for physical devices or objects linked to the internet using an assortment of technologies. Understanding the synergy between these two technologies will be critical for businesses looking to leverage their full potential.
2.1 How IoT generates Big Data
IoT is one of the primary drivers of big data growth. The vast number of interconnected devices in the IoT ecosystem generates a massive amount of data every second. This data includes information on user behavior, device performance, and environmental conditions, among others.
The nature of this data makes it challenging to store, process, and analyze using traditional data management tools. This is where big data technologies such as Hadoop, Spark, and NoSQL databases come in, providing the ability to manage massive amounts of data in near-real-time, enabling critical applications of big data in IoT. For businesses, processing IoT data is synonymous with processing big data, due to the nature of the data generated by an IoT ecosystem.
2.2 Challenges of Processing Big Data from IoT Devices
IoT data processing is a complex and challenging task due to several reasons. Firstly, the sheer volume of data generated by these devices is enormous and is only increasing. This requires a robust infrastructure and specialized tools to store, manage, and analyze the data efficiently.
This data is also generally unstructured, heterogeneous, and complex, making it difficult to process using traditional data management and analysis techniques. Moreover, it is often noisy and may contain errors or outliers, which can impact the accuracy of data analysis. Businesses also face a challenge when securing such vast amounts of data. Since IoT devices collect sensitive information such as personal and financial data at scale, it is critical to ensure that data is encrypted, transmitted securely, and stored safely.
Additionally, IoT devices often operate in remote locations with limited connectivity, making it challenging to transmit data to the cloud for storage and analysis. As IoT devices continue to proliferate and generate increasingly large amounts of data, businesses must adopt big data technologies to gain actionable insights from this data.
2.3 Importance of Big Data in IoT Applications
There are several use cases of the IoT where processing large amounts of data is essential. It plays a critical role in IoT applications, providing businesses with valuable insights that can be used to optimize processes, reduce costs, and improve overall efficiency. By collecting and analyzing large amounts of data from IoT devices, businesses can gain a better understanding of customer behavior, machine performance, and other critical metrics.
For example, big data in IoT can be used to identify patterns in customer behavior, allowing businesses to tailor their marketing efforts and improve customer engagement. Additionally, IoT devices can be used to collect data on machine performance, allowing businesses to identify potential problems before they occur, minimize downtime, and optimize maintenance schedules. The value of big data in IoT applications lies in its ability to provide businesses with real-time insights that can be used to drive growth, reduce costs, and improve overall efficiency.
3. The Value of Big Data and IoT for Businesses
Businesses looking to integrate big data in IoT must first consider their data storage and analytics capabilities. By understanding the value of big data technology in capturing and analyzing IoT-generated data, businesses can unlock insights that can help them make better decisions, optimize processes, and create new business opportunities.
3.1 Improved Decision-making for Businesses
IoT and big data technologies offer businesses a wealth of data that can be used to make better-informed decisions. By integrating IoT sensors and devices with their operations, businesses can collect real-time data on customer behavior, operational performance, and market trends. This data can then be analyzed using big data analytics tools to generate valuable insights that can inform decision-making.
For example, operational data can be analyzed to identify inefficiencies and areas for optimization, helping businesses reduce costs and improve efficiency. With the right data storage and analytics capabilities, businesses can leverage the power of IoT and big data to gain a competitive advantage and make better-informed decisions that drive growth and success.
3.2 Generate New Revenue Streams
By leveraging the vast amount of data generated by IoT devices and analyzing it with big data analytics tools, businesses can gain insights into customer behavior, market trends, and operational performance. These insights can be used to create new revenue streams and business models, such as subscription-based services, pay-per-use models, and predictive maintenance services.
For example, IoT sensors can be used to collect data on equipment performance, allowing businesses to offer predictive maintenance services that help prevent equipment breakdowns and reduce downtime. Similarly, customer data can be analyzed to identify new revenue opportunities, such as personalized product recommendations and targeted advertising. With the right strategy and investment in IoT and big data technologies, businesses can unlock new revenue streams and create innovative business models that drive growth and success.
4. Final Thoughts
Big data in IoT is becoming increasingly important for businesses, and the future prospects are bright. As IoT continues to grow and generate more data, businesses that can effectively analyze it will gain a competitive advantage, leading to increased efficiency, reduced costs, and higher ROI. To fully realize the benefits of IoT, businesses must develop big data analytics and IoT devices in tandem, creating a feedback loop that drives continuous improvement and growth. By embracing these technologies, businesses can make data-driven decisions and unlock new insights that will help them thrive in the years ahead.
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Enterprise Iot
Article | August 3, 2022
The evolution of internet-based market models has changed the way businesses operate. Present-day businesses know that data visualization in business intelligence is integral to competitive success. Therefore, businesses are now expanding their data and intelligence retrieval capacities. As a result, IoT (Internet of Things) data visualization is gaining popularity among industrialists and researchers across various disciplines.
In corporate finance, IoT-based efficient data visualization analyses data from multiple sources with the help of corporate analytics management tools and manages data quality for business intelligence to reduce the risk of leaks.
Impact of IoT Data Visualization on Corporate Finance BI
Data is everywhere— right from a customer's first visit to your company’s website until he signs out, all the behavioral patterns and data are tracked. All this data becomes useless unless it is utilized for a particular purpose.
Analyzing this data to predict future trends is one of the significant benefits of smart data visualization tools and technologies. It helps to slice and dice the data gained from different sources of different complexity levels to the minute granular level. Business intelligence utilizes these insights and the existing database to run risk analysis.
It gives an overview of your financial performance and the risks and exposures it faces. And if you switch the KPIs at the center of any dashboard, your entire team can instantly access the most important and relevant data.
IoT data visualization can measure big data on customers more efficiently, allowing organizations to add value to their customers. Customized tools will analyze your customers’ data and produce reports according to specific customer needs to help you get a deeper insight. Corporations can also utilize this data to better understand their competitors’ benchmarks.
Customizable IoT Data to Store Millions of Data Points in One Place
IoT collects millions of data from various complex sources. The data visualization dashboard contains multiple widgets that convert this data into various forms, such as line graphs, geographical maps, bar charts, pie charts, gauges, heat maps, etc.
This information, transmitted into multiple visualizations, helps organizations to unlock every piece of data into a valuable asset.
The Benefits of Using IoT Data Visualization
Businesses can collect, analyze and monitor a variety of data using IoT, such as internet usage data, video surveillance data, mobile app usage, and social media. It helps businesses to design products and provide personalized value-added services to drive better consumer engagement. Here are some key benefits IoT data visualization offers:
Unlock multiple insights across various verticals
Addressing important financial concerns proactively
Combination of multiple data sources into a single insightful dashboard
Multi-layered visual data.
Combines new data with the existing data to analyze new business opportunities.
Better performance on IoT data flow.
Analyze multiple data correlations in real-time
Improved Collaboration
Well-coordinated and efficient performance.
Cost reduction
Accurate data interpretation
Mitigate risk factor
Better decision making
Conclusion
Hands down, IoT data visualization intelligence in a company’s business operations will lead to better decision-making. But, before you choose an IoT data visualization tool for your business, you should know what kind of data you need to analyze and if you need any additional historical data. Because IoT services offer data visualization tools and techniques to analyze and monitor the data accordingly to predict future trends. So, it’s important to identify the goals before selecting a tool for your organization.
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