In an ever-connected landscape driven by the Internet of Things (IoT) and cloud computing, asset intelligence, collaboration, and decision-making are being reshaped. Yet, amidst the excitement around IoT and its vast opportunities, a critical challenge emerges: who will be developing the myriad applications needed to harness this potential?
As the traditional development of enterprise applications nears saturation, IT service firms are shifting focus towards non-IT devices that can be connected to networks, seamlessly integrating them into cloud services. To navigate this evolving landscape, service providers are engaging in strategic partnerships to advance smart connected devices and cloud markets. However, a one-size-fits-all cloud service model falls short of differentiation.
Challenges and opportunities:
ENHANCED SERVICE DELIVERY PLATFORMS
Amid fierce competition for customers, network operators are striving to differentiate their services. Service Delivery Platforms (SDPs) are emerging as crucial tools, streamlining device connection, management, and reporting, offering robust back-end control.
ENHANCED SERVICE DELIVERY PLATFORMS
IoT applications, often custom-designed for specific environments, demand intricate engineering due to diverse data formats, networks, and operating systems. Simplifying application development and service delivery remains a challenge.
Tailoring applications to various industries requires analytical skills, system design, rule definition, and workflow structuring. A deep understanding of industry segments is essential for crafting effective solutions.
EVOLVING BUSINESS MODELS
As traditional IT service models mature, services firms are exploring opportunities in “cloud” services. However, competition from web application giants like Amazon and tech leaders like IBM raises questions about differentiation.
NEW STRATEGIES FOR SUCCESS
Developing a combined cloud computing and IoT offering presents a differentiation opportunity for forward-thinking service providers. Building ecosystems and cultivating critical relationships will drive value in this evolving landscape.
Amidst the complexity of IoT and cloud opportunities, alliances between emergent platform players and smart device-fluent solution partners hold the key to addressing market development challenges.
ei3's role in advancing IoT and cloud computing
At ei 3, we are at the forefront of IoT and cloud computing advancement. With over 13 years of experience, we specialize in developing IoT applications that enhance business operations across diverse industries. Our SaaS (software-as-a-service) solutions serve as the foundation for unlocking new levels of efficiency, data-driven insights, and scalability.
Our edge device, the Amphion, securely collects data from legacy and modern equipment, providing valuable machine insights. This scalable and easily deployable device effortlessly connects to your machine’s PLCs and securely transmits data to ei3’s private or third-party cloud for analysis, with ei3’s robust Zero Trust Network Access (ZTNA) protocols, ensuring the highest level of data security and control.
The Amphion acts as a gateway to ei3’s suite of out-of-the-box applications, providing insights into machine monitoring, downtime analysis, remote service, quality maintenance, recipe optimization, production performance, sustainability metrics, and essential KPIs. These applications are designed to optimize operational efficiency, resulting in cost savings and increased productivity in industrial environments.