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IoT Projects Expected to Deliver Payback in Less Than Three Years, Says New Fujitsu Survey

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News facts:

  • Over half of business and IT leaders now expect return on investment for IoT projects within three years
  • Enterprises deploying IoT for a wide range of benefits including new revenue generation (45 percent), improving security and health, and enhancing safety (47 percent each)
  • Survey identifies room for improvement among IoT services and equipment suppliers, especially in better support and closer collaboration

Munich, October 10, 2018 – According to a new Fujitsu survey1 published today, Internet of Things (IoT) technology has reached early mainstream, with business and IT leaders expecting tangible results in three years or less – signaling that the days of simply experimenting with IoT projects are now consigned to the past..

Fujitsu commissioned IDG Connect to better understand how IoT technology is maturing in the enterprise, and to gauge industry expectations. The results confirm that the IoT has already matured far beyond being an emerging technology and underline that enterprises are increasingly impatient when it comes to IoT delivering a boost to their bottom line.

Almost three quarters of respondents (73 percent) confirmed that IoT deployments have advanced well beyond the testing and market education stages, with almost half of these delivering results. Underlining this increased focus on payback, the Fujitsu survey conducted by IDG Connect found that almost a third (31 percent) expect a return from investments in IoT projects within one to two years, and 56 percent expect profitability within three years.

Due to the complexity of the IoT, enterprises are turning to services and equipment providers to assist with deployments. However, the survey also indicates that suppliers are failing to deliver. Major concerns are the need for better support (24 percent), closer collaboration so that vendors understand their customer’s unique needs (23 percent), a call for lower pricing (20 percent), greater contractual flexibility (17 percent) and more readily available as-a-service options (15 percent).

Yves de Beauregard, Head of Digital Business Solutions at Fujitsu in EMEIA, comments: “IoT technologies are entering the early mainstream across a wide range of vertical industries, as our survey confirms. To drive the greatest value from IoT, Fujitsu is focused on deploying long-lasting, robust technologies that will ensure a maximum return for our customers. We are leveraging our deep technology experience and combining this with our customers’ business know-how. It’s clear from the survey results that enterprises are already enjoying solid return on investment from IoT projects. This should be a compelling incentive to dip a toe in the water for any organization that’s still skeptical about getting any business value from the IoT.”

IoT now early mainstream across a wide spectrum of use cases
Fujitsu’s survey also reveals that businesses are using IoT for a wide range of purposes, far beyond the delivery of process efficiencies. In fact, the joint-highest survey responses were for improving health and safety (47 percent), enhancing security (47 percent), in using newly-available data to create smarter strategies (47 percent), as well as improving maintenance (46 percent).

In addition, 45 percent of businesses are already using IoT to generate new revenue-making opportunities, and a quarter of respondents consider the biggest opportunity to be the ability to charge premium prices for valuable additions to products, data or services. Furthermore, just over a fifth (22 percent) of respondents cited the ability to cost-effectively create better and more differentiated services to attract new customers.

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IOT

IoT empowering smart store and customers experience, how? Let’s know that

Internet of things, most popularly known as IoT is firmly connected with life of common folks. It has changed our lives in various terms; either you talk about professional lives or personal. Now, life of every single folks is widely connected with digital mediums, enhancing their standard of living at every stage of life. In the race of digitization even shopping is not untouched. Common shops are now upgrading in smart shops to enhance the experience of customers.

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Internet of things, most popularly known as IoT is firmly connected with life of common folks. It has changed our lives in various terms; either you talk about professional lives or personal. Now, life of every single folks is widely connected with digital mediums, enhancing their standard of living at every stage of life. In the race of digitization even shopping is not untouched. Common shops are now upgrading in smart shops to enhance the experience of customers.

Consumers of present era are educated and well informed. They precisely understand their wants and never compromise with it. Everyone wishes to get a customized solution for their requirements. IoT helps stores to know their customers well by sharing their profile and purchase history.

Contribution made by Iot for developing a smart store:

  • With the help of IoT, micro sensors can be placed within the store and presence of the customers can be detected. With such sensors, a store manager can easily get to know the presence of customers spending a longer time in the store and can assist them with the relevant product accessing data from the cloud and matching it with the profile of customers.
  • Apart from a micro location there are number of technologies which can be incorporated in a store to make it smart, such as shelf sensors to know the availability of product stock on the shelf.
  • Heat mapping is another great technology which is a advancement of IoT sector, it allows store manager to know the visitors action within store and also keep an eye over every action of folks present in the store.
  • Most of the store suffers a shortage of data and stock, especially at the time of special occasions when unexpected folks visit store or demand of a particular product increases. As a solution IoT serves a predictive maintenance in which it provides a predicted data of upcoming market and product’s demands.

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IOT

Telit Introduces OneEdge and Shortens Path to IoT Monetization

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Telit Introduces OneEdge and Shortens Path to IoT Monetization
Telit OneEdge is a next generation software suite for IoT modules enabling a seamless transition to cellular low power wide area (LPWA) technologies

London, February 18, 2019 – Telit, a global enabler of the Internet of Things (IoT), today announced Telit OneEdge, a new initiative developed to speed IoT deployments and reduce the time required to monetize the digitalization of businesses.

OneEdge is an innovative software suite enabling solutions for a new generation of Telit’s cellular LPWA IoT modules. With integrated, secure, easy-to-use tools, it dramatically simplifies design, deployment and management of IoT products and solutions, enabling a leap ahead into the new 5G super-connected world.

OneEdge solves long-standing challenges related to integration, scalability, management and costs that solution architects and their enterprise customers face as they implement IoT to transform their businesses. The offering is designed to accelerate solutions to market in an industry that is expected to scale to three million-plus new cellular connections per day by 2023 [1].

OneEdge provides faster implementation and shortens time to value by providing:

Zero touch on-boarding – making products operate automatically “out of the box,” lowering costs of initial deployment, making it simpler, and more secure.
Device management – managing data and cellular systems needed to connect devices to the Cloud or Enterprise ensuring each device has the most up to date firmware and application software.
Security built-in at point of manufacture – hardening products to attacks, leveraging layers of security from the module through cellular transport to the delivery of information to customer’s systems.

SIM-less cellular subscription management – integrating directly into the LPWA module, simWISE is a subscriber identification solution that provides an unparalleled reduction in cost and complexity for IoT deployments (e.g. spanning multiple geographies / multiple carrier coverage for guaranteed SLAs).
Edge programmability – providing tools to normalize data and define the logic and behavior of devices. It also simplifies and automates key tasks of sending and receiving data and managing cellular connections between devices, clouds and enterprises.

Simplified enterprise integration – enabling the critical integration of IoT solutions into customers enterprise systems and business processes to consume and extract value from device data.

“Endpoint intelligence is becoming more critical as the market progresses to use of smarter devices and solutions. And at the edge, low power, low cost and small size are key drivers for larger-scale device deployments,” said Dan Shey, Managing Director and Vice President, ABI Research. “IoT-ready modules built on OneEdge address multiple market needs and challenges – reducing the complexity and lifecycle cost of IoT solution deployment, provision and management – in a single solution.”

“With OneEdge, we simplify all aspects of IoT implementation for our customers by saving them time and money, reducing their risks and speeding time to revenue by easing deployment. OneEdge-based products “are born” IoT-ready to connect, to interact and to deliver the next wave of productivity through successful, beyond-the-hype digital transformation,” said Alon Segal, Senior Vice President, Software and Services, Telit. “OneEdge, leverages Telit’s vast experience and pioneering work in the IoT, delivering intelligence at the edge for a more connected and secure IoT.”

OneEdge will first be available on Telit’s ME910C1 category M1 and NB1 module series with generally available in the first half of 2019. For more information, visit: https://www.telit.com/oneedge.

To learn more, visit Telit during Embedded World in Nuremberg, Germany, located in hall 3 booth 3-539.

[1] ABI M2M Embedded Cellular Modules – 3Q 2018 MD-M2MM-164

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BlackBerry Empowers the Electronics Industry to Build IoT Devices Consumers Can Trust

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CES 2019 – LAS VEGAS – January 7, 2019 – BlackBerry Limited (NYSE: BB; TSX: BB) today announced it is scaling its BlackBerry Secure technology and licensing strategy to empower the electronics industry to rapidly bring-to-market safe and secure IoT devices.

According to a recent survey commissioned by the company, approximately 80% of consumers in the U.S., U.K. and Canada do not trust their current Internet-connected devices to secure their data and privacy. Additionally, when asked about future purchases, respondents said they were more likely to choose a product or do business with a company that had a strong reputation for data security and privacy.

The company’s new BlackBerry Secure feature packs address this concern and buying preference by giving IoT device manufacturers the trusted software and proven framework to securely build smart products – from health trackers to Alexa-enabled speakers – without having to develop the technology and deep cybersecurity expertise internally.

To ensure the products have been developed to our standards, BlackBerry’s team of cybersecurity experts review the device. Following this process, the product will be deemed BlackBerry Secure, a recognized symbol of data security and trust.

“2019 will be the year consumers will begin to vote with their wallets and seek out products that promise a higher level of security and data privacy,” said Alex Thurber, SVP and General Manager of Mobility Solutions at BlackBerry. “IoT device manufacturers can address security and privacy concerns head-on and stand out in the cluttered IoT space by bringing to market ultra-secure products that consumers, retailers, and enterprises want to buy and use. This new service is a pivotal point in the company’s software licensing strategy and underscores BlackBerry’s evolution from providing the most secure smartphones to delivering the trusted security for all smart ‘things’.”

Available today, OEMs will have the choice of the following feature packs which build upon each other and provide various levels of management and control:

BlackBerry Secure Enablement Feature Pack: The enablement pack offers secure manufacturing and product lifecycle management features. Specifically, BlackBerry will provide a manufacturing station that provides a hardware Root of Trust and is connected to the company’s Network Operation Center that is monitored 24/7 for uptime and reliability. During manufacturing, a BlackBerry Secure Identity Service Key is injected into the hardware and recorded on a secure server. Both at launch and periodically throughout the product’s lifecycle, checks are performed to verify that the two keys match. If they do not, the device no longer boots.

BlackBerry Secure Foundations Feature Pack: In addition to hardening the operating system kernel, the Foundations Pack locks down software being executed with Secure Boot and ARM Trustzone technology to securely generate, use and store encryption keys used for various software operations. It also includes the BlackBerry Integrity Detection (BID) service which various components (kernel, Pathtrust, SELinux, etc) across the software stack, and generates real-time ‘health’ reports that can be accessed by users and trusted third-party applications.

BlackBerry Secure Enterprise Feature Pack: The Enterprise Pack is ideal for devices that will be used in regulated or restricted environments as it enables deeper management and control beyond what is standard in Android Enterprise. Through extended device management policies deployed on the device, enterprises can protect their data by controlling what can be accessed via device debug interfaces, communication protocols (Bluetooth, NFC), and radios (cellular, WIFI, GPS). It is also able to set policies which add baseline security for certifications such as FIPS.

BlackBerry will be available to discuss the new solution at CES Unveiled on January 6, 2019 at the Mandalay Bay, and its booth, #7523 in the LVCC North Hall from January 8 – 11, 2019.

To learn more about the BlackBerry Secure feature packs, please visit www.blackberry.com/secure.

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