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KORE Blog Series: Anatomy and Focus of an IoT Solution, Part I

Posted by Sue Holub, Chief Marketing Officer on 05/16/2017
 

Internet of Things (IoT) solutions you develop, sell, or deploy internally drive value by delivering new services and generating fresh insights from existing or recent data in illuminating ways. It is these applications, not the underlying infrastructure, that deliver actionable intelligence and true business value.

However, the capability to rapidly and cost-effectively build these IoT applications is a significant barrier to entry into this compelling space. Coordinating the devices, platforms, and network services needed to bring IoT applications to market is a considerable challenge.

While some businesses struggle to handle the many complexities of building an IoT solution from scratch, others have gained a competitive advantage and increased speed-to-market by opting for turnkey IoT solutions. Sourcing IoT infrastructure from a single, trusted partner frees businesses to build these innovative applications, tailored to their respective users or audiences.

In this two-part series, we’ll first explore the anatomy of an IoT solution and in the next installment, we’ll look at where your IoT development energies should be focused.

IoT Solution Anatomy

The DNA of an IoT solution consists of three parts: the devices, the network and the application. As you’ll see, the devices and network are pretty straightforward, enabling an IoT deployment to exist, while the “guts” are found in the application.

  • Devices comprise the hardware that collects, gathers, transmits and/or analyzes data – or that takes action based on the analysis of that data. These devices range from an RFID chip on a pallet of products, to a pressure sensor on a gas well, to a network router that provides critical failover capabilities.
  • The network consists of the hardware and software that transmits the data, the analyses of the data, or the commands resulting from that analysis to other physical devices. Depending on the needs of the application, the network most often takes the form of cellular or satellite connectivity, but devices can also be connected through other means.
  • The application is the data and business logic that enables a person, application, or device to take action, such as:
    • Automatic tracking of perishable goods shipments to reduce waste
    • Gathering and analyzing data from “smart shelves” to improve merchandising efforts
    • Monitoring of landfill data to prevent accidents or contamination

Critical to developing an IoT solution that drives value is the successful integration of devices, networks, and applications that work with one another in a cost-effective manner. In Part II, we will look more closely at the true costs of IoT deployment.

Download the KORE white paper, “Anatomy of an IoT Solution: How to Cut Costs and Accelerate Time-to-Market” here.

 

Topics: IoT, m2m, Power Solutions

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