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'Internet of things is not about the things, but the data': Microsoft

Brian Karlovsky | Feb. 26, 2015
Microsoft releases Telsyte Internet of Things report.

IoT

Microsoft Australia Internet of Things lead, Lee Hickin, says the emerging trend is not about the "things", but the data, as the company seeks to mark its turf in a market expected to generate $19 trillion in profit over the next decade.

The comments come with the release of the Telsyte research, on behalf of Microsoft, which has found that two-thirds of organisations that have deployed and measured Internet of Things (IoT) solutions have achieved 28 per cent cost reductions in their day-to-day operations.

Hickin said IoT was a great "buzz word" but it was how you used the data that was important.

He also gave recommendations on how companies should proceed on implementing IoT technologies.

"It's not just about the things," he said. "We are not at that point where sensors are everywhere," he said.

"The really transformative business value in the Internet of Things approach is in the building of that data."

He said there was a clear opportunity for integrators who were early to the IoT market, citing Microsoft's integration partner, Breeze, for it's BUPA deployment.

"There are clear signs that organisations are beginning to realise the power of the Internet of Things," he said.

"The research tells us that two-thirds of IT and business leaders have seen at least a five-fold increase in connected devices in their organisation over the past five years with that trajectory set to continue into the near future.

"The challenge for Australian businesses will be to integrate those devices in a meaningful way and harness the power of the generated data."

The report defined the IoT as the network of physical devices (such as machinery, cars, lighting, manufacturing equipment and sensors) that interact with each other and with business software systems.

According to Telsyte, IoT collects and collates data from those connected devices, which can be used to improve customer service, increase revenue or reduce costs. Technologies like SCADA, cellular machine-to-machine (M2M) and other networked industrial control systems are also defined as part of the IoT in this report.

Breeze chief executive, Nicki Page, said IoT was all about using integration to solve business problems.

"This Telsyte report is further justification for early adopters who have identified the tangible benefits of IoT," she said.

"We are utilising the Cloud to bring the Internet of Things to our customers in a scalable environment. By starting small, organisations are able to realise the benefits of the Internet of Things in line with their own business strategy."

"We are utilising the Cloud to bring the Internet of Things to our customers in a scalable environment. By starting small, organisations are able to realise the benefits of the Internet of Things in line with their own business strategy."

 

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