M2M and IoT – networked communication technologies as the cornerstones of digitalization
Date: Mon, 01/11/2016 - 15:05
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Experts predict that up to 50 billion devices will be connected to the Internet within the next four years – not only smartphones, but also cars, lifts, escalators, radiators, tractors, washing machines and even toothbrushes. The Internet of Things is ushering in a market with huge growth potential, and radical new business models are emerging. Vehicle insurers are starting to calculate custom insurance rates for motorists willing to provide them with data on their driving behavior as logged by built-in sensors. Health insurance companies have begun to distribute smart watches in order to learn more about the lifestyles of their insured members. This provides the basis for adapting tariffs to specific risks. Even lifts are getting smart by “knowing” at what floors and times of day they are likely to experience peak loads, and when maintenance work will be required. All this is possible thanks to the Internet of Things. “IoT” has become the international catchword for disruptive developments and new business models across every conceivable sector.
Against this backdrop, CeBIT – the Global Event for Digital Business – is featuring a concentration of IoT-related technologies and solutions in Hall 13. The special “IoT SOLUTIONS” display will feature everything that can be connected via radio chips and/or sensor, from smart agricultural equipment to connected cars. In Hall 13 the spotlight will also be on machine-to-machine (M2M) communication.
As was the case in previous years, Hall 13 will be home to high-profile business communication specialists such as AGFEO, Unify, Auerswald and Herweck. In addition, Microsoft will be staging a “Partner Pavilion” under the Communication & Networks umbrella.
Further highlights in Hall 13 will be IoT and M2M – technologies that are acquiring ever-greater importance in the context of network integration. Within the framework of a recently agreed strategic partnership extending over several years, the M2M Alliance is co-staging the M2M Pavilion at CeBIT 2016. With a total of 85 members in 14 countries, the M2M Alliance is the largest European organization operating in this business sector.
Eight out of ten senior managers place great importance on the Internet of Things. Machine-to-machine communication is already commonplace – for example, in the logistics sector (fleet tracking and management), in smart cities (adaptive control of traffic lights and street lighting) and in the field of eMobility (interlinking of vehicle charging stations). As from 2018 a further M2M solution will become obligatory for all new vehicles sold in the EU – the eCall emergency call system. Gigantic growth rates are expected for the international M2M market in the coming years. Up to 50 billion devices will be connected to the Web by 2020. According to a study by Intel, business applications will account for more than 90 percent of these devices. Companies are concentrating their spending on remote maintenance and product tracking (36 percent), machine monitoring (23 percent) and energy data management (23 percent).
A recent study by Bitkom Research and Ernst & Young concludes that digitization and the integration of industrial production will play a pivotal role in the economic development of a high-wage country such as Germany. Eight out of ten of the senior managers included in the study regard the Internet of Things as important or very important in strategic terms. Almost as many of the respondents (78 percent) assume that the significance of the IoT will continue to increase in the coming five years. Machines that communicate with each other are in a position to streamline production processes, plan maintenance windows more effectively and produce a broader spectrum of product variants – also in smaller batches. The exhibitors at CeBIT 2016 will present an array of fascinating solutions.
Above, image credited to CeBIT