Manufacturing Magazine August 2015 | Page 11

FORGET IOT , EVERYONE IS TALKING ABOUT IOE

‘ When connected sensors and devices truly take hold over the coming years , this concept will start playing out as business realities and opportunities among firms everywhere in the world ’ with limited engagement between the two . In the consumer category , the dominant trends involve wearable and tracking devices that measure our health , assess our lifestyles , and improve our productivity . In the industrial category , complex connections are being created between machines , devices , systems and even between companies that improve efficiency , quality of output , and better respond to market demands .

Barapatre believes that to capitalise on the magical possibilities in both the consumer and the industrial stages , massive infrastructure investments are required to capture , integrate , share and understand all of this Big Data .
Botez explains that the IoE has unique and extremely intense network design requirements , and a complex set of security challenges that need to be addressed before these new forms of ‘ value ’ can truly start being extracted on a grand scale .
The shift in thinking , he explains , takes us away from the old models of network silos for different applications , vendor lock-in , masterslave communication systems , and limited connectivity options . In the new , converged world of network design , we will benefit from scalability , traffic optimisation , ruggedisation , flexible form factors , end-to-end portfolio support , validated design , and high levels of security .
Therefore , the concept of creating ‘ generative business value ’ ( new business opportunities unlocked within seams that previously didn ’ t exist ), may remain a philosophical one for the time being . However , when connected sensors and devices truly take hold over the coming years , this concept will start playing out as business realities and opportunities among firms everywhere in the world .
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