Home Automation System providers need to push beyond early adopters

Home Automation System providers need to push beyond early adopters

No comments

Gartner, an American research, and advisory firm, recently conducted a survey on the penetration of home automation in America. The survey was done on 10,000 online users and the result was a bit surprising with only 10% of users have connected home solutions.

The survey also discloses the adoption rate of different home automation products such as security alarm systems and home monitoring system etc. Among all home automation systems, the home security alarm systems have almost double(18%) the adoption rates of other home automation solutions. The home monitoring systems have 9%, smart energy management has 9%, health and wellness management has 11% share of home automation market.

The home automation solutions have devices which are interconnected to each other through the Internet and allows users to control them through a mobile app or web app. The Us shows 5 to 6% greater adoption rate of such products as compared to other markets.

“Although households in the developed world are beginning to embrace connected home solutions, providers must push beyond early adopter use,” said Amanda Sabia, principal research analyst at Gartner. “If they are to successfully widen the appeal of the connected home, providers will need to identify what will really motivate current users to inspire additional purchases.”

According to the survey, adopters opt for a free service instead of a monthly subscription-based service for home automation solutions. In the US, home monitoring industry is quite strong and about 59% of households pay a monthly fee for their home monitoring solution which clearly showing the worth of such solutions for adopters.

More than 50% adopters of energy management and health/wellness solutions are using these services for free. So in such a scenario, it’s really challenging to increase the adoption rate of such solutions on the monthly subscription basis.

In the survey, respondents were asked to give ratings from 0 to 100 to home automation solutions. About three-fourths of them were happy with the way they are currently using their home products i.e. manually switching them on and off, setting temperature etc. Only one-fourth showed some interest in automated home products. In answer to another query, 58% of respondents were interested in independent devices.

“Messaging needs to be focused on the real value proposition that the complete connected home ecosystem provides, encompassing devices, service, and experience,” said Jessica Ekholm, research director at Gartner. “The emphasis needs to be on how the connected home can helps solve daily tasks rather than just being a novelty collection of devices and apps.”

read more
Reports: Bosch Could Be Eliminating Industrial Mistakes in 2-3 Years via IoT

Reports: Bosch Could Be Eliminating Industrial Mistakes in 2-3 Years via IoT

2 comments

Bosch is a brand ambassador of most the everyday households which are familiar with anyone who’s ever attempted DIY. We want to give a big thanks to Bosch’s work within the industrial internet of things (IIoT) where they provide the equipment like sensors, cloud services and more. However, in industrial circles. the company’s considerable prestige among consumers is now being superseded by its reputation.

Bosch is frequently named as one of the most powerful and important companies along with the likes of Cisco, Dell and IBM in the IoT space. Also, last year Bosch CEO Volkmar Denner claimed they “offer all the ace cards for the connected world from a single source”.

homes.

Eli Share, head of mobile and IoT for Bosch Power Tools, where he drives strategy, process and “points of entry” relevant to IoT across the entire Power Tools division, which encompasses everything from DIY tools to industrial devices.

“Our user segments are very diverse when we look at IoT solutions; the needs of a ‘DIY-er’ are very different from those working in, say, construction,” Share explains.

“This might be the first time that Bosch is looking at these industries [manufacturing, construction etc.] as ‘open standards’.

“We have a lot of point solutions, but if we don’t build them on open standards that other companies can integrate into we’re missing the mark because, in this day and age, with these applications, you can’t plan on one company owning everything. Because you’re customizing solutions, you have to allow people to work within your open standards.

“So Bosch is definitely taking steps in that direction to not only provide the solutions and get some of these early adopters into play, but also allowing others to come into the picture.”

 

Two to three years until IoT hits the mainstream

In four months, the time share will have sat on a panel with Centrica and Leica Microsystems predicting how IoT solutions will improve customer experience and increase process productivity at Internet of Things World Europe in London.

He’s adamant that IoT is “the biggest driver” towards the much-acclaimed Industry 4.0 and that Bosch is “primed in to lead the development of consumer and industrial solutions in this area”. This suggests Bosch is well placed to fill the void of comprehensive industrial IoT case studies that currently exists.

“The way I see it is that, especially with IoT and Industry 4.0, we do have some isolated success stories but not a lot of case studies,” Share says.

“Most of this is because a lot of industry is still built upon legacy systems – companies are hesitant to change. Across all of the different facets and functions they’ll all agree that’s where they need to go, but then you say ‘here’s what you need to do to get there’ and the response is ‘well… this requires high investment, there’s a high resource cost to implement, and it doesn’t necessarily give us the returns we need right away’. So it’s tough to justify. A lot of the potential success stories are held back by that.”

 

read more
Reports: Internet of Things(IoT) to grow rapidly in India by 2020

Reports: Internet of Things(IoT) to grow rapidly in India by 2020

No comments

Everything seems to be so fast in this world specially when we talk about any process that goes online. Paying Bills, Recharges, Ordering food and what not? going easy day by day in this internet oriented world. Similarly, IoT is another a keyword goes online which provides us a connection between the humans and computer. According to the latest reports, it seems that Internet of Things (IoT) units in India are expected to see a rapid 31-fold growth to reach 1.9 billion by 2020. Also, the reports said, Deloitte, a popular company, predicted on Monday, adding that the market value of IoT is expected to reach $9 billion by 2020.

We came to know that even with over 750 million cards in circulation and significant growth, mobile-based and digital payments will eclipse physical card payments. IoT is going to be the next big thing for Indian markets that the operators in India will rapidly grow into a hub for IoT solutions and it will grow up to a large extent.

According to the company,

“With advances in reliability, accuracy and technology of advance tech measures such as biometric authentication, digitization will gain popularity in various business applications. The emergence of new tech trends will help transform digital economy in 2017 and will help operators in identifying new revenue generating opportunities, enhance customer experience, and improve operational efficiencies.”

According to the various reports, In the five-year span between 2015-2020, the Internet of Things will grow faster than any other category of connected devices. Recently a new Cisco report said that, the number of machine-to-machine connections should grow nearly 2.5-fold, from 4.9 billion in 2015 to 12.2 billion in 2020. The new Cisco projects will grow rapidly in its in its 11th annual Visual Networking Index: Global IP Traffic Forecast Update. According to the latest reports, machine to machine connections should represent about 46% of total connected devices.

 CISCO REPORTS:

“A growing number of M2M applications, such as smart meters, video surveillance, healthcare monitoring, transportation, and package or asset tracking, are contributing in a major way to the growth of devices and connections.”

read more
About Internet of Things(IoT) and Basic requirements for industrial IoT before it gets on track

About Internet of Things(IoT) and Basic requirements for industrial IoT before it gets on track

3 comments

WHAT IS IoT (INTERNET OF THINGS)?:
The Internet of things (aka IoT) is the inter-networking of physical devices such as vehicles, buildings, software, sensors, actuators, and network connectivity. These devices are also called “connected devices” and “smart devices”. These devices enable the objects to collect and exchange data from each other. The IoT allows these devices to be controlled by a remote. They first obtain a remotely across existing network infrastructure by creating a particular environment for the physical world into computer-based systems. As a result, the IoT provides us improved efficiency, accuracy and economic benefit which reduces human intervention.

WHY WE NEED IoT?:

We need Internet of Things (IoT) because it makes our world strongly connected with us. Nowadays, we all having internet access and almost have internet infrastructure. IoT always try its best to establish advanced connectivity among these devices or systems or services in order to makes automation in all the areas of a particular location we want. Also, we can use this facility wherever and whenever. There are some of the Embedded Computing Devices like MP3 players, GPS even heart monitoring, washing machines and dishwashers, MRI, traffic lights, microwave ovens, implants or bio-chip etc which would be exposed to internet influence.

IoT Provides 8 main subjects to work:

1. Environmental Monitoring
2. Transport Systems
3. Large Scale Deployments
4. Energy Management
5. Industrial Applications
6. Medical and Healthcare Systems
7. Building and Home Automation
8. Infrastructure Management

Some basic requirements for industrial IoT before get started:

1. To merge your IT/OT teams:
As we know, there is a lot of scope and interest from the industry on IoT’s merger teams as well. Here, we will tell you how IIoT (Industrial Internet of things) will be used to purchase the value of converging Operation Technology (OT) & Information technology (IT) space. Manufacturing world is keen on building connected products that are smarter.  Also, it means that we need to assess the world of Operational Technology and the Information Technology from two angles. One angle is from where the whole IT systems and professionals and the another angle is from business heads imagining new products for the industrial internet that are IoT-enabled at birth.

2. Just Integrate your systems:
The second step before you start is just integrate your systems; that is; IMS. An Integrated Management System (IMS) integrates all of an organization’s IT systems and processes into one complete network framework. It should be working all the time and provides complete connection to the users. By enabling an organization to work as a single unit with undefined objectives. But there organizations often focus on management systems individually often in silos and sometimes even in conflict. System integration is defined as the process of bringing together the component subsystems into one system and ensuring that the subsystems function together as a system.

3. Industrial IoT Exploding:
The Internet of Things (IoT) has been labeled as “the next Industrial Revolution” because it will change the way of people lives, work, entertain, and travel, as well as the way how governments and businesses interact with the whole world. Also, the revolution is already starting about IoT. Those smart home devices that let you control the thermostat and play music with a few words? Internet of Things. That brand new car that comes pre-loaded with a bunch of apps? Internet of Things. That fitness tracker on your wrist that lets you tell your friends and family how your exercise is going?

4. Lets Modernize your Equipment(s):
It is regardless of size and complexity, most offices encounter hurdles and issues. With the advancement of Internet technology, it has become easier to solve complexity into simplicity. Cloud computing, analytics, and automation have already put humans on ease with efficiency so far. As far as effectiveness is concerned, we need human input to manage and monitor the smart technology systems – that’s where the human role comes on priority.

read more