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Iot for BUSINESS INDEPENDENT PUBLICATION BY RACONTEUR.NET #0708 11/12/2020 IoT FOR BUSINESS GREATER CONNECTION CLOSING THE IOT SMART BUSINESSES 05 CAN SAVE WATER 07 SKILLS GAP 14 MAKE SMART CITIES Predictive Risk Mitigation using Data Science Actionable insights into how your building and its systems perform through precision trend analysis, AI and machine learning Find out how at www.shprd.com/iot-report RACONTEUR.NET 03 BARRIERS TO ADOPTION IoT FOR BUSINESS Telecoms and IP Engineering What the future Solutions for Business since 1988 Distributed in holds for IoT Published in association with Honey Bee The transformative power of the internet of things has been demonstrated [Apis mellifera] during the coronavirus pandemic, but uptake in the UK remains relatively low Jonathan Weinberg that. He says: "It is essential to focus Contributors on business outcomes with IoT. No f you don't already know one buys 'IoT'. Instead they buy a Heidi Vella On returning to the hive, Honey Bees Duncan Jeff ries the benefi ts of the internet system that helps them improve, Journalist and Energy and technology I of things (IoT) for business optimise or change some part of communicate the distance, direction, and quality copywriter, covering writer, with work digital culture, tech published in consumer then it's high time you found out their business. IoT is just a part of and innovation, writing and specialist magazines, because your competitors already the system, which helps to collect of nectar-rich flowers to their fellow workers for The Guardian and including E&T Magazine will. IoT is a key element of the the right data. and Global Data. Independent Voices. Fourth Industrial Revolution, often "Although IoT systems can referred to as Industry 4.0, and as involve lots of different data types, Sophia Waterfi eld Jonathan Weinberg we end 2020, it is clear the landscape brought together in quite a com- International journalist Journalist, writer and covering technology, media consultant/ has changed so much in a year. plicated system architecture, the healthcare and social trainer specialising in According to Microsoft's 2020 IoT system will be of no use if it's not aff airs, with work technology, business, Signals report, 91 per cent of the usable by people in the business Spitfire’s IoT Solutions - published in Newsweek, social impact and global IoT decision-makers research- doing their daily jobs. It is essen- Wired UK, New Scientist the future of work ers spoke to have adopted IoT in tial to keep a focus on the user, and Forbes.com. and society. 2020, up from 85 per cent last year. their workflows, the way data is a smarter way to connect, Nine in ten believe IoT is critical to presented to them, how they make Abby Young-Powell their company's continued success decisions using that data, whether Journalist specialising in social issues, education and 64 per cent plan to implement it those decisions can be automated collate and communicate. and technology, with even more in the future. and how outcomes of the decisions work published in The impact of coronavirus has are fed back into the system." The Guardian, The been stark in propelling the indus- With the benefi ts of IoT for busi- Independent and try forward, some say by years, ness now felt across industries as Positive News. with one in three (31 per cent) stat- wide and varied as automotive to ing their organisations will increase building management, retail to Mobile Ethernet IoT Gateway investment in IoT due to the pan- mining and shipping to utilities, demic, twice the number that will investment in these technologies decrease it. A further 41 per cent will looks likely to soar. from 50p per SIM maintain the same commitment. Daniel Bailey, investment man- So, what exactly are the benefi ts of ager at ECI Partners, a private equity per month. IoT for business? They are numer- fi rm, says: "The market for IoT is ous, largely due to its ability to col- exciting. It's large and growing rap- lect, analyse and send data in sec- idly, driven by reducing data costs, onds. Outcomes range from the improving underlying technologies, ability to enhance productivity and such as 5G, and the ever-increas- production through automation, to ing viable use-cases for connecting using networks of interconnected dowell/Getty Images 'things'. The benefi ts of this to busi- sensors for greater visibility, clarity nesses are far reaching, anything IoT (Internet of Things) and security of the supply chain. However, according to The Future medium-sized enterprises lag from ensuring construction regula- Publishing manager Design All industries can, and will, ben- in 2020 survey from BT: "UK plc behind when it comes to seeing the tions are complied with to tracking Features include: Chloe Johnston Sara Gelfgren efi t but it is within healthcare and risks falling behind other devel- benefi ts of IoT. Nonetheless, just cows across a farm.” IoT is rapidly evolving and by definition requires Things to be Fixed IP address Kellie Jerrard manufacturing that IoT came into oped nations because companies 19 per cent of respondents overall A new global study from Juniper Associate editor Colm McDermott its own this year. Smart tracking and are not embracing transforma- believed IoT technologies would be Research also signals a bright connected, from device, to IoT platform, to user. All from any Ruggedised 4G SIM Peter Archer Samuele Motta connected devices helped employ- tional technologies." The survey of critical in the next fi ve years in ena- future with the number of indus- Nita Saroglou ees keep their distance, while remote 1,000 business leaders found just bling their business to achieve its trial IoT connections predicted to location. The diversity of IoT deployments therefore need an equally Acting managing editor Jack Woolrich WAN connectivity monitoring of machinery was used one in fi ve said IoT existed within ambitions and stay competitive. increase from 17.7 billion in 2020 diverse range of connectivity solutions, especially Mobile Data. Francesca Cassidy Sean Wyatt-Livesley IoT/M2M networks frequently when staff were unable to their organisation. For Martin Garner, chief opera- to 36.8 billion in 2025, fuelled by Digital content executive Art director be on site due to factory closures. There does seem to be a divide, tions offi cer at CCS Insight, identi- smart manufacturing. Spitfire’s IoT Gateway provides this connectivity foundation. Our Easy installation Taryn Brickner Joanna Bird Colin Crow, managing director of however, because among large fying these comes down to focusing However looking ahead to 2021, digital transformation specialist businesses this was 28 per cent, on the business outcomes of IoT fi rst Paul Haimes, vice president of expertise, in designing and developing your unique IoT Ecosystem, Secure access via Firewall Production manager Design director Sigma Dynamics, says: "IoT technol- perhaps demonstrating small and and developing a strategy based on European technical sales at indus- will ensure the flow and protection of your data throughout its Hannah Smallman Tim Whitlock ogy has been used to reduce the risk trial IoT platform PTC, says: "If I to employees while also ensuring hope for one thing it is that these journey. Spitfire Network Services Ltd: productivity and effi ciency remain adoptions of technologies have Training TechTalks Although this publication is funded through advertising and as high as possible, crucial in the a better uptake in the small and sponsorship, all editorial is without bias and sponsored features current economic climate." medium-sized business space. are clearly labelled. For an upcoming schedule, partnership According to the Microsoft report, That's really important for the of global IT decision makers inquiries or feedback, please call +44 (0)20 3877 3800 or France, Germany, China and the recovery and health of our manu- say their company has adopted IoT email [email protected] United States have the highest per- % facturing industry." Raconteur is a leading publisher of special-interest content and 91 centages of IoT adopters currently; And he adds something all lead- research. Its publications and articles cover a wide range of topics, 83 per cent of adopters have at least ers may wish to consider: "IoT, aug- Sales 020 7501 3333 • Partner Services 020 7501 3150 including business, fi nance, sustainability, healthcare, lifestyle and technology. Raconteur special reports are published exclusively in one project that has reached the use mented reality, blockchain or cloud, The Times and The Sunday Times as well as online at raconteur.net stage, up from 74 per cent last year. whatever it might be, all can off er a Innovative • Flexible • Reliable • Supportive • Cost Effective The information contained in this publication has been obtained It is cited as being instrumental solution to the typical challenges of these say they of surveyed from sources the Proprietors believe to be correct. However, in increasing yield, with nearly half have at least one organisations facing businesses. The core start- no legal liability can be accepted for any errors. No part of this (46 per cent) reporting increased IoT project that consider IoT as ing point is the business plan. What publication may be reproduced without the prior consent of the 83% 90% production capacity and 44 per cent has reached the critical to their are you trying to do, what does your Publisher. © Raconteur Media signalling cost-savings. Quality and use stage business’s success company need to do and then how www.spitfire.co.uk safety were other named benefi ts of can digital technologies impact and @raconteur /raconteur.net @raconteur_london IoT for business. Microsoft 2020 support this?” raconteur.net /iot-business-2020-dec 04 I o T FOR BUSINESS RACONTEUR.NET 05 Commercial feature SUSTAINABILITY Greater connection can save water Water management per cent over the next fi ve years and provide a better, more resilient ser- using the internet vice to our customers,” says Daniel of things can reduce Woodworth, network strategy man- Q&A ager at SES Water.
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