IoT consortium partners may use produced results within our consortium. New revenue models for participating companies in the emerging IoT market will impact on the readiness to invest into IoT. Scientific results are disseminated world-wide.
Work performed within our IoT consortium shall is used widely with the aim to generate high quality results, prototypes with impact on the entire society.
Within the IoT program PR and dissemination activities insure availability of updated program results, which will promote the utilization of research and development results of prototypes on a broad level. For that reason the establishment and maintenance of IoT information channels is one of the focus areas; moreover, various events inform and encourage potential business partners to cooperate with the partners and utilize findings and research results for their businesses. The program leverages world class publications, standards and high visibility pilots; the results are promoted in press releases with the aim to generate new businesses.
Moving from one device per inhabitant (year 2012) to 10 devices per user in developed countries by 2017 will naturally impact the amount of new startups. Once the business value of the IoT domain is understood by investors, employment in the IoT area will increase and new products will impact on local and exporting businesses.
The price per device will vary and will also depend on products imported from competitive markets (such as China, Japan, Korea and the US); however, the rapid increase of devices promises a rapid increase of the total market volume.
New revenue models for participating companies in the emerging IoT market will impact on the readiness to invest into IoT. Specially the demand for highly secure solutions related to user authentication, user authorizations and smart devices is calling for development of competitive solutions, which are considering security, privacy and trust in IoT. Security products will be potential revenue generators, as they are needed across the verticals.
The need for energy efficient devices due to short battery lifetimes is another potential revenue generator if research and industry partners manage to develop prototypes for low energy devices and protocols.
The IoT program develops new solutions for IoT and will addressthe crucial challenges identified in the SRA. New scientific results are needed to address these challenges. To take an example, energy efficiency requires more efficient radios, protocol stacks,and integration of these. The work packages address the challenges anddevelop solutions to them grounded on science.
The scientific results are disseminated in world class conferences, workshops and journals. In addition to the academic forums, the IoT programactively standardizes the solutions. Standardization work is supportedby the scientific results and analysis.
The IoT program has many trials and pilots to be ableto assess IoT deployments, and rapidly transfer new technologicalsolutions to deployments. The trials and experiments provide crucialexperimental data and a platform for verifying the proposedsolutions. Experimental testbeds and deployments are vital for the IoT research and development community. Thus scientific impact is expected also in the experimental verification of the solutions through trials.
The project will also develop the necessary scientific methodology for measuring IoT systems, for example their scalability, energy efficiency, and usability.
IoT is not just about networking technology since IoT systems involve user interaction. It enables interacting with physical objects directly (i.e. tangible user interfaces) in addition to interacting through the conventional user interface devices (i.e. graphical user interfaces).
Much of our current interaction with technology revolves around the limitations of older designs. For instance, light switches were born out of the way electrical wiring needed to be done. With IoT new ways of solving old problems will be introduced.
What is more, the future will bring a Social Internet of Things. This requires a new perspective of device and system interoperability. Starting from User interface Designs of Social Internet to Social Internet of Things, designs must be interoperable on the application and service level with the devices that provide IoT data.
The program integrates the vertical industry segments with the horizontal communications and IT companies in a unique way that generates new business opportunities or even new fields of business. As a side product of the program execution, co-operation networks are formed. Joint ventures between vertical companies is accelerated.
Focus Area Director (FAD):
Wilhelm Rauss, Development Director
Ericsson Research and Development
Academic Coordinator (AC):
Sasu Tarkoma, Prof. Ph.D.
Department of Computer Science, University of Helsinki
Pauli Kuosmanen, CTO
Tieto- ja viestintäteollisuuden tutkimus TIVIT Oy
TIVIT gathers the various projects and plans from these spheres into wider research programmes, raises the bar and level of expectations of innovation, gives rise to new study in the least-researched areas and then obtains additional funding from private and public donors in order to still further enhance the quality and success of each and every project.
Read more: www.tivit.fi