IoT is easy: a phrase that no one has ever said.
More precisely, no one has ever said that deploying an enterprise- or carrier-grade IoT solution that supports multiple, integrated applications is easy. And this is certainly understandable. In general, it takes 5-7 IoT technology partners to stand-up one IoT solution. IoT technology vendors have not spent much time integrating IoT solutions that are relatively productized.
However, MachNation is beginning to see some movement toward off-the-shelf IoT solutions and novel types of technology partners. If you believe we’ll have 24 billion connected IoT devices by 2025, it will have to be easier to purchase, deploy and manage IoT solutions. Here is an example in the market.
For those OEMs and earlier-stage MNOs wanting to deploy a horizontal platform, these two vendors have a solution combining 4 IoT components:
- IoT Connect – a combination of various managed IoT connectivity solutions including traditional cellular, low-power LoRaWAN, public WiFi
- IoT Insight – IoT device management for automated identification and provisioning of IoT devices
- IoT Grail – IoT workflow management to aid in the orchestration of various IoT and 3rd-party applications and systems
- IoT Bill – IoT billing engine to allow an enterprise or service provider to bill for innovative IoT solutions
The offering allows enterprises to use a horizontal, productized IoT solution for an internal deployment or for an enterprise or MNO to offer a white-labeled IoT solution to its customers. MachNation has written extensively on IoT middleware having recently completed our third annual IoT Application Enablement Platform ScoreCard.
MachNation also believes that pre-integrated solutions will make it easier for smaller sized businesses to adopt IoT solutions. Small and medium businesses (SMBs) account for over 99% of all the businesses in the world. With unique technology and support needs, the SMB market remains another promising space for plug-and-play IoT solutions.