Tuesday, February 19, 2019

IoT Usage Climbs, Vodafone Finds

The latest Vodafone IoT Barometer found 34 percent of respondent companies are now using Internet of Things applications,  up from 29 percent in the previous IoT Barometer.

Regionally, the Americas region saw the biggest increase, where adoption rose from 27 percent to 40 percent. The industries that saw the greatest increase were transport and logistics (27 percent to 42 percent) and manufacturing and industrials (30 percent to 39 percent).

Different IoT projects have different needs. For example, an application that monitors the storage conditions of medical samples doesn’t need to send lots of data, but reliability is critical. One which tracks the location of individual parcels doesn’t need to send updates every second, but it needs to be cost-effective.

Edge computing use cases are like any others: they hinge on value and cost. Sometimes the key value is ultra-low latency; sometimes it is the cost of moving data around; in other cases it is the dependability of communications.

Some 72 percent of respondents said that they have a project where data must be delivered within seconds, or less. But 39 percent said that they have an application where a transmission delay of hours wouldn’t matter. And 21 percent said they have both.

The amount of data devices need to transmit can also vary greatly between projects. Some 70 percent of users said that they have an IoT project that sends a lot of data, more than 10 MB per device per day, while 39 percent said that they have an IoT project where devices only send a small amount of data. About 20 percent said that they have both.

Sometimes keeping costs down is crucial to making an IoT business case work. Some 43 percent of respondents said that they have an application where they would trade slower delivery of messages for a reduction in cost. Conversely, 64 percent said that they’d pay more for consistently fast delivery of messages. About 25 percent said that both were true.


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