This year again, CES showcased thousands of connected devices. For many analysts, the consumer market is maturing with use cases becoming more and more concrete. On January 15th, the Global Open Innovation Network held a TechMeeting aiming at reviewing enterprise solutions related to IoT and Connectivity.
The event kicked off with a panel discussion between:
- Soufiane Elaamili, Managing Director at XDInnovation
- Jean-Marc Frangos, SVP, External Innovation at British Telecom
- Christopher Chu, Managing Director at Samsung Catalyst Fund
- Pierre Maillot, Business Development Director at Bosch
- Shuo Zhang, Global Director, IIoT at Intel
The panel started by reminding the stakes of IoT and Connectivity in Industry, in particular the prevention of accidents and unplanned assets downtime which cost hundreds of billions of dollars to industrial companies each year.
Soufiane Elaamili, who moderated the discussion, then asked the panelists if IoT promises had been fulfilled. The speakers unanimously acknowledged the positive impact of predictive maintenance while underlining the lack of maturity of other Industrial IoT applications.
According to Pierre Maillot, the success of predictive maintenance can be explained by the fact that companies see predictive maintenance as an investment allowing them to save on downtime and accidents. When it comes to solutions that are harder to monetize such as air quality or life quality, the maturation process is much longer as companies have to develop new business models. Shuo Zhang reacted to this observation by advising companies and startups to focus on a specific use case instead of collecting data without purpose.
With 5G being one of the major announcements of CES, the discussion then switched to the connectivity aspect of IIoT. According to Jean-Marc Frangos, the need for 5G for Industrial IoT is pretty limited. For M2M for example, 2G is already enough. Also, the multiplication of protocols such as Bluetooth, LTE or 4G can create compatibility issues. Nonetheless, 5G can be useful for heavy video traffic.
Christopher Chu followed up by explaining that video can be very useful in the enterprise. Today, with the use of AI, cameras can be used as super sensors to inspect products and detect defects. Such use cases have a huge potential, in particular in China, where many companies are involved in manufacturing activities.
The discussion was followed by the pitch of 6 startups:
Nueevo is an autonomous vehicle technology company focused on creating safe cities and smart roadways. They build connected systems that seamlessly exchange information between vehicles and with infrastructure, to enable cooperative driving and optimize global smart city traffic flow and services.
Terbine is taking advantage of the emerging “IoT Data Marketplace” business by making its system usable by large companies and governmental organizations via white-labelling, while acting as the over-arching Master Data Exchange where the various marketplaces converge.
Atmosic is re-architecting wireless connectivity solutions from the ground up to radically reduce IoT device dependence on batteries. The company aims to make batteries last forever and the Internet of Things battery free – thus breaking the power barrier to widespread IoT adoption.
Unprecedented in the enterprise software industry today, Tacit delivers simple, highly intuitive user experiences utilizing speech and other compelling interfaces. The Tacit UX fosters the adoption of wearables and other mobile/IIoT tools delivering value to enterprises interested in reducing downtime, improving productivity, and capturing digitized tacit knowledge.
Clarity develops an air pollution monitoring and management system designed to measure environmental data and make it accessible and actionable. The company relies on air quality sensors to build up a dense air quality monitoring network, enabling people to breathe clean air.
IoTeX is a privacy-centric blockchain platform that is fast, flexible, and IoT friendly. IoTeX provides developers with state-of-the-art infrastructure and tools to deploy innovative IoT solutions focused on data privacy, interoperability, M2M automation, and more. By allowing individuals and companies to take full control of their IoT devices and data, IoTeX paves the way for new decentralized business models across various IoT industries.
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