Imagine a world where an airplane can find a fault in one of its engines in mid-flight and radio ahead to order spare parts without any pilot intervention. Or where your home thermostat automatically limits the temperature when you leave the house and raises it the moment you return. The Internet of Things (IoT) refers to a world where several devices are connected to the internet with a sight to automating more of our lives, saving energy, making companies’ processes run more efficiently.
We are still early in this cycle of technology. As yet there are no common standards, so it is not easy to predict any long-term winners and losers. However, executives require to understand the Internet of Things because it will soon morph into a mega theme. Inside, our analysis confers a framework in which to look at IoT, summarizes the main trends, and identifies the key players.
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- ARM (Softbank)
- Atmel (Microchip Technology)
- F5 Networks
- General Electric (GE)
Utilities are facing noteworthy challenges to their established business model, due to the increasing requirement to support distributed generation like storage, wind and solar, and electric vehicle charging, while keeping costs down. This is on top of the challenges of rising buyer expectations, increasingly uncertain and complex regulation, and the requirement to replace assets that are reaching the end of their life.
One of the key ways that utilities are exploring in an endeavor to tackle these challenges is making their infrastructure more flexible and responsive and growing the visibility they have into their assets. This approach means that utilities would set an example of connecting most buyers of power, sources of power, and the wires and transformers that move that power around and have data flows on all these assets.
It also means that to make the grid truly smart, utilities would also require these devices to be able to respond to central indications, and make decisions independently at the edge, in order to reply to system needs. Utilities have therefore been ahead of the curve in terms of acquiring technologies like smart meters and smart grids, which are precursors to the extensive adoption of holistic IoT solutions.
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- Fund Transfer
- Personal Fianance
- Wealth management
- North America
- South America
- Middle East and Africa
- Latin America
Detailed TOC of Internet of Things Thematic Market Market Research Report-
– Internet of Things Thematic Market Introduction and Market Overview
– Internet of Things Thematic Market Market, by Application
– Internet of Things Thematic Market Industry Chain Analysis
– Internet of Things Thematic Market Market, by Type
– Industry Manufacture, Consumption, Export, Import by Regions
– Industry Value ($) by Region
– Internet of Things Thematic Market Market Status and SWOT Analysis by Regions
– Major Region of Internet of Things Thematic Market Market
i) Global Internet of Things Thematic Market Sales
ii) Global Internet of Things Thematic Market Revenue & market share
– Major Companies List
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