Each year, people’s lives become increasingly connected. Digital assistants, smart homes and the like were only possible in the realm of science fiction not too long ago. Consumers are starting to see the Internet of Things (IoT) expanding into more and more aspects of their daily lives. It is fair to say that the IoT has become ubiquitous to the point where people no longer question the addition of connectivity and smart features to devices.
From an enterprise perspective, IoT sprawl has created unique challenges and opportunities which companies will have to either overcome or embrace. As workers increasingly rely on connected devices and technology makes its way into more unexpected places, companies have to balance the wants of the consumer and employees against the needs of the shareholder. To that end, here are five enterprise IoT predictions for the year ahead.
While Environmental Social Governance (ESG) has been a political flashpoint recently, stewardship of the planet isn’t going to disappear from the boardroom radar in the near future. Companies will begin to take a hard look at their ESG initiatives and realize that the first step toward managing an effective ESG program is understanding the nuances of what makes up their total carbon footprint. To do this, they will need data. Not just data on their own operations, but data on the operations of their suppliers and vendors.
The IoT also provides valuable data to these companies in their efforts to minimize their overall impact on the environment. The next trend in ESG will be leveraging data from the IoT to refine products and processes to have a positive effect on ESG initiatives. IoT devices can provide a constant positive feedback loop where, for instance, when leveraged with machine learning (ML), predict and implement the most efficient control of a device. This need for connectivity amongst IoT devices brings us to the next two major predictions for 2023.
Connecting to a satellite is no longer constrained to specialty or luxury devices. Anytime that there is a need for a connection from a stationary device, satellites may provide easy connectivity while simultaneously shifting some of the load to different frequency bands. While the promise of nationwide mobile technology is a promise, there are still remote areas where satellite communications are vital.
Smart cities are poised to be one of the largest adopters of this shift to satellite communications, particularly with new Satellite networks being launched with support for standard 3GPP cellular connectivity, making them a cell tower from the sky. Building smart city IoT around satellite communications eliminates the need for either costly hard-wired IoT networks or increased local cellular congestion. There will also be a major shift on the cellular side of communications.
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