May 8 2020
The core of an IoT platform – Realizing the business value of connectivity
Hello Everyone!And a very good day to all of you!I’m Gary Ramsey, Sr. Engagement Manager at Softweb Solutions, an Avnet company.Before I start the podcast, I’d like to say a bit about the current situation that is facing us all over the world.Humanity always drives toward excellence. And regardless of the industry, we’ve always strived to excel in the face of uncertainty.But today, due to the COVID-19 epidemic, professionals all over are compelled to step up to new challenges and learn to adapt to the new normal. Whereas most of us, depending on where you reside on this planet, are experiencing lockdown, or shelter in place, it seems tough right now, at Avnet we are adhering to the World Health Organization guidelines by practicing safe social distancing, like I hope the rest of you are too.This is a very crucial time and it’s proving to be a game-changer, especially in the IoT industry, and I’ll be addressing specifics later on. So, as you are doing now – utilizing this time to enhance your knowledge, explore new technologies, and gaining a better understanding of how we can use knowledge to grow your businesses and most importantly – make up for the economic loss that the entire world is experiencing now.Softweb Solutions, an Avnet company is running a series of captivating conversations about the latest Digital Transformation technologies that are disrupting every industry today– whether it is the internet of things (IoT), artificial intelligence, or mixed/extended reality implemented via mobility, wearables, chatbots, etc.Today, we’ll be talking about how IoT will be a pivotal technology for building back our lost economic opportunities. Especially now, when billions of devices are being added to the Internet, it’s impossible to physically service every device, once deployed and we have a lot of lost time to make up. And during disasters & pandemics, in most cases we can’t go on site to service them – IoT devices, once initialized, will need to be self-aware – and nearly 100% autonomous. The only way to manage this massive deployment of IoT-enabled devices is with an IoT platform. So choosing the right partner to manage your IoT network of devices is critical to the success of your business.Internet of Things (IoT) — a modern technology, is one of the fundamental elements under the umbrella cloud computing term: Digital Transformation. IoT is changing the whole perspective of how we are interacting with remote things – which are now being attached to the edge of the Internet at a record-breaking pace. Whether you know it or not, IoT is transforming your business operating model across people, processes, and technology; reducing the reliance on user-owned hardware and increases the reliance on subscription-based cloud services.Additionally, the Internet of Things (IoT) is more than just sensors that capture and share data for analysis. IoT has evolved from single point remedies to robust solutions, that require a robust – expandable and user-friendly platform to manage all these IoT-enabled edge devices. An IoT platform is the underlying tool to manage a network of interconnected devices and technologies to solve a spectrum of challenging business issues.Why are IoT platforms so importantThe Internet of Things is a characteristically complex networking environment. Simply stated – IoT Platforms bridge the physical world to the corporate digital environment.Selecting the right IoT platform that will meet (or exceed) your company needs depends upon so many factors: the need for specific hardware, real-time access, protocols, custom reports, etc.Deploying an IoT platform in your organization will help you save money, and if done right will also save you time. When creating your IoT “Must Haves” list, you will need to take into