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IoT strategy

The internet of 10 million things

Source: IOT : IOT What is the Bosch IoT Suite? With the Bosch IoT Suite, we provide our customers and partners with a comprehensive software platform for applications in the IoT. Learn more From 0 to 10,000,000 in roughly 10 years: What better way to express a landmark achievement by an IoT company than in ones and zeros? In this case it is the number of devices that Bosch Software Innovations and its customers have connected to the Bosch IoT Suite to date, in more than 250 IoT projects around the world. This number went up by around 20 percent between 2018 and 2019 alone. The open and flexible software platform provides the technological basis for applications in the Internet of Things. The more than ten million connected “things” include gateways in buildings, connected vehicles, and sen...

A guide to data monetization

Source: IOT : IOT “Like the oil industry, there will be those who make money through the raw materials and those that add value along the many steps in the value chain.” Zach Gemignani, CEO Juice Analytics This shows very nicely that there is not only one way to generate value by selling resources, but also to apply value-adding steps to make this resource even more valuable. By this you see that you’ve got different approaches to monetize your data and thus have the possibility to make a positive and measurable impact on your business revenue. Essential for direct data monetization is matchmaking between the right stakeholders. According to Gartner, there are two main approaches to profit from your data: Direct data monetization: You provide direct access to your data (e...

IoT in retail: a closer look at food retail

Source: IOT : IOT IoT use cases for food retailers Together with retailers, we identified use cases to meet their goal of increased customer satisfaction and cost efficiency. Read use cases Even though retail digitization efforts started quite some time ago, the areas of application are getting more diverse. Traditionally, digitization efforts in food retail evolve around optimizing logistics and in-store processes. The goal here is to be able to deliver products to consumers as fast as possible, reduce heating costs, avoid food spoilage, comply with legislation, and much more. Today, we see that food retailers are aiming to improve the customer in-store shopping experience. The retail market has traditionally been a cost-driven industry. However due to competitive pressures from online-sh...

How to identify the right IoT platform? Ask the users!

Source: IOT : IOT The IoT User Survey In order to assemble a broad foundation for guidance for companies looking for the right IoT Platform, the teknowlogy Group asked over 2,000 users to share their perception of 38 Internet of Things platforms. The author of this post shares some of the highlight results with us. There is hardly a market more dynamic and complex as that relating to IoT platforms, where a huge number of providers are offering highly diverse options. It is almost impossible for buyers to find their way through the maze of information about what each provider offers, each of them also serving different customer requirements. Besides, the IoT platforms we see on the market today do not yet support each and every client need. Bosch IoT Suite ranks top The IoT survey participa...

Cloud and edge computing for IoT: a short history

Source: IOT : IOT While edge and cloud computing are often seen as mutually exclusive approaches, larger IoT projects frequently require a combination of both. In order to understand today’s vision of IoT and the complementary characters of edge and cloud computing, we want to go back in time and take a look at their evolution over recent decades. Source: Bosch Software Innovations A look back at the history of communication and distributed systems reveals that edge computing as such is not new. Our graphic shows the evolution of edge computing and ends with our vision of how edge and cloud computing can be combined to deliver the best value. The beginnings of decentralized computing The origin of edge computing can be traced back to the 1990s, when Akamai launched its content delivery net...