Simplification: the final battle of IoT
Edge computing and digital twins can be the answer to one of the biggest challenges in IoT adoption: simplifying the complexities related to interconnecting things and connecting things to new or existing applications.
If on one hand IoT, over the recent months/years has been showing disappointing statistics and predictions have not all been fulfilled as expected, on the other hand the Internet of everything in still in its infancy; it’s not a case that IDC expects worldwide IoT spending will maintain a double-digit annual growth rate throughout the 2017-2022 forecast period.
For sure, IoT can be a major competitive differentiator, helping businesses run more efficiently, gain insight into business processes, and make real-time decisions. Despite the fact that IoT adoption is on the rise in the world of business, a few barriers remain (security issues, lack of standards, skill gap, difficulty to demonstrate the IoT ROI).
But what we’d like to focus today is what The Gartner Research firm says: it is estimated that 75% of IoT projects will take up to twice as long as initially planned. This raises the question:
What’s the reason of this delays?
Complexity seems to be the answer.
Conceptually, the IoT integration is pretty straightforward: you need to allow “things” to communicate with applications that are able to understand their languages and take decisions on the basis of what “things” communicated. Practically, IoT practitioners need to cope with the countless edge communications protocols, the lack of standards in interfaces, the difficulty to have “things” talking to the upper level applications using APIs and SDKs in the most effective and efficient way, to reduce TCO.
In simple words, the interpreter between things and upper level applications is there, but is not as fluent as it could be. Such level of complexity seriously slows down the time to market of IoT applications to such an extent that the competitive advantage that IoT could bring might be lost. This is why in the dilemma of outsourcing IoT projects or not, the first option can be more efficient.
IoT Catalyst exactly addresses the IoT complexity challenge, IoT Catalyst, by simplifying, streamlining and accelerating the communication flow between things and other platforms, legacy applications, third party systems.
We do it by moving the interfacing logic nearer to the “thing”, through edge computing, decoupling “things” from upper level applications and creating a multi-cloud layer that substantially allows the communications from the “things” to be collected and dispatched to other endpoints.
An easier communication between things, digital things and endpoints, not only simplify the communication flows but also facilitates the creation of IoT use cases that can be tested and sampled without any significant programming efforts on various platforms, to determine the best performing and the most cost-effective one, in relation to the use case and the clients’ needs.
Learn more about the IoT Catalyst stack here and reach out to ask for a one-to-one demo of the platform.