By Suresh Kannan, Chief Architect digiBlitz Inc
I am Blessed to be in the front line of this Multi-Trillion Dollar Industry. For the past few years, I have been enjoying the journey towards this massive transformation of the world and very much excited to be part and the tool. But apart from being an Engineer, Entrepreneur and a businessman, I am also an active Participant in Politics and Social Engineering. My affinity as a “Libertarian” and my passion for the history of America and its Liberty movement always made me think that Americans always did unthinkably and achieved undoable by rest of the world. The ideas might have started from some part of the word, in the history of America, these ideas always materialized and incubated in the USA. The only reason was the Freedom and Liberty of thinking and doing.
But last few decades had been a disaster for America as there had been a war waged within itself and from outside that killed the Free Enterprise, Liberty and Inspirations. Americans of the 18th century and 19th century had something that the current generation lack. I won’t say they lack innovation or ideas or creativity. I would say is they lost the “Fire” to light those. The fire was put out by the Crony Capitalism and Democratic Socialistic Liberalism which rewards big businesses and suppresses small businesses and individual creativity. Even the so-called “Start-Ups” require multi-million dollar investment to survive or thrive. So, all the big businesses started breeding their own start-ups. Many decades of both Democratic and Republican power centres were acting as agents for those large businesses which make Monopoly or Oligopoly to remove and wipe out the small business competition. Governments never took enough initiatives to promote tiny to small businesses. They suppressed them through systematically increasing the regulations on Banks(to cut capital availability), Industries( to make tougher rules so that tiny businesses cannot afford to survive), increase capital inflows into already existing businesses and made it very tough for small businesses to go to Stock Market themselves.
With the new president with a different background and belief system, it is finally possible for tiny to small businesses to once again thrive. Men and Women from small towns with greater ideas can now take a big bite of a world-transformation industry, Internet of Things. Apart from the above-mentioned reasons, there are also the reasons like “Knowledge” and tools for being successful was scale through the “Education”. Basically, the formal education was promoted as the only way to earn more money and everyone is indirectly forced to work for big companies. Innovation was not just seen as undoable but also been promoted as a huge risk for a common-man as he had to Pay bills to big companies, had to pay the mortgage to the big banks, had to pay food chains for food etc. So, the system started giving more money to people go to colleges and hold a formal degree and work for big businesses. Those who refused to go to formal education were left to struggle, in spite of their talent and capability to innovate. Even those people like me who had formal education apart from innovative talent were still left to struggle as a small Entrepreneur by “Closing Door for Business Market Access through Relationship Marketing” and “Closing door to Capital Market by overcapitalizing the other businesses through allowing exorbitant valuation”
But if you take some initiative, it can end now. I had accepted the challenge and instead of whining about it or surrendering to the trend, had decided to fight it the old way. I am on the path of winning. So, I can strongly say that “Innovation” always can break the rules surrounding you. It always did in the thousands of years of human existence and it will still work if you take action. While on my way to success, I feel obligated to help the American Society – not just the big city guys but the small guy from a small town as well to be successful in grabbing and growing in the Smart World through smart ideas. So, I have decided t write the series of Articles on “Ideas for Starting an IOT Business from Your Own Hometown”. This will be published as a Weekly publication for the next 10 weeks in my website Suresh Kannan.org under the “Business” & “Money” Sections. Although we at digiBlitz provide an excellent platform for starting your IOT business, my articles will focus on generic business ideas which can be implemented with or without a pre-existing platform. The first article will be released on 5th of October. If you want PDF version to be sent directly to the email box, please sign-up for the newsletter below:
Suresh M Kannan.
Universities – All checks done for the IOT flights – Boarding now
With its super potential the IOT (The Internet of Things) is stemming into a new dimension of autonomous processes for the universities and higher education institutions.
Why IOT? Why digiBlitz?
Riding the fourth wave of computing, IOT (internet of things) is coming to shore with concept & strategies on one hand and new toolboxes on the other. DigiBlitz has a state-of-art IOT platform to welcome the upcoming IOT concepts, strategies, and methodologies.⇒
IOT is well set for bringing in radical changes; the promises given by it are not only lucrative, but also highly implementable. DigiBlitz has been into digital transformation consulting since years and consequently with its experience and its IOT platform it can give justice to the huge promises of the IOT wave.
The pivotal point of its revolution will be the active communication between all entities of an enterprise, tangible as well as intangible. DigiBlitz’s agile ERP’s adopted active communication model since its inception which was also conducive to making of its IOT platform. Knowing the industry wave beforehand as always, the clients of digiBlitz are not facing any radical changes.
The primary objective of IOT is simple and straightforward – personify the existing processes and change their placid nature to become more proactive, communicative, and self-governing. We at digiBlitz already have this objective in place for our software solutions.
Top 4 considerations for choosing an IoT platform-enabled solution
The IoT application enablement space has continued to grow into the hottest technology sector of the Internet of Things (IoT). According to MachNation – an IoT industry research firm – worldwide IoT application enablement and device management revenue will be USD1.1 billion in 2016 and will grow to USD83.4 billion by 2025 at a compound annual growth rate (CAGR) of 62% over the period.
Public and private sector organizations want to efficiently launch robust and secure IoT solutions. In order to accomplish this, many are turning to IoT Platform-Enabled Solution (PES) vendors to ensure a viable and cost-effective IoT solution . A PES is a solution-centric offering optimized to reduce the time to deliver a fully-enabled, end-to-end, vertical IoT solution to customers. A PES vendor relies on a product-plus-services model; an application development lifecycle managed by in-house and partner resources; and either a rapid application builder or template-based framework. PES vendors use a direct or partner-led sales model and engage a core set of systems integrators to create validated, rapid and secure industry- or application-centric IoT solutions for customers.
But not all IoT PES vendors are of equal quality. MachNation has done extensive analysis of IoT PES vendors in its 2016 IoT Platform-Enabled Solutions ScoreCard. Based on that research, public and private sector organizations should base their selection of IoT PES vendors on characteristics.
One of the primary reasons that enterprises select an IoT PES vendor is time-to-market – the rapidity with which an enterprise can launch an IoT solution. There are three criteria that enterprises should use when determining the time-to-market approach of an IoT PES.
- Rapid Application Development Frameworks. The strongest PES vendors enable private and public sector organizations to build and deploy IoT applications quickly using templates or rapid application development frameworks – a key component of which is a template or configuration-based approach for the application layer.
- True Cloud Deployment Options. An IoT PES should provide flexible deployment options on top of a multi-tenant cloud-based SaaS model. MachNation favors cloud deployment options for IoT PESs because they greatly simplify technology infrastructure requirements; facilitate streamlined functionality and security updates; and address key scalability, fault-tolerance and reliability requirements of IoT solutions.
- In-house Services Team. Enterprises should ensure that an IoT PES has a strong in-house services team. This team will help the enterprise during pre-implementation, implementation and support phases of the IoT project. The in-house services team will provide a series of business and technology approaches to optimize the delivery of the IoT solution .
Characteristic #2: Domain Expertise and Insight
Public and private sector organizations work with an IoT PES because of its deep domain expertise and insight within key industry and application areas. IoT PES engineering and product teams take input from subject-matter experts that understand the operational side of a customer’s business and can determine the areas where IoT is most impactful . PES vendors should combine industry experience and domain knowledge with a creative vision for what is next in IoT and a clear plan on how their solutions – and their chosen partners’ solutions – will enable rather than follow changes in their industries of specialization. Finally, the best PESs will combine industry insight and customer input to produce real-world solutions rather than proofs of concept. PES vendors should demonstrate the quality of their solutions by showcasing the actual field-based deployments of their solutions. The PES should have a strong project management team and have experience with systems integrators (SIs) for projects requiring more extensive implementation and operations services.
Characteristic #3: Sophistication of Solution Management
Public and private sector organizations should select an IoT PES solution that has both exemplary platform and device management features. These features empower the IoT PES vendor’s staff and IT/OT staff within the enterprise to efficiently and effectively configure and reconfigure platform components.
- Platform Management. Platform management features should include audit and logging capabilities and device lifecycle management capabilities that provide IT and OT staff with a trail of events triggered by devices, workflows or end-users. The platform should provide a privileged user with a detailed history so that diagnosis and troubleshooting can take place.
- Device Management. IoT PES vendors should also provide IoT device management capabilities. These features should allow operations teams to provision, monitor, update and deprovision IoT devices on a per-device basis and in aggregate. Public and private sector organizations must also ensure that their chosen IoT PES can provide device updating over-the-air (OTA). An IT or OT user of an IoT solution needs to be able to send updates to IoT devices to patch security exploits and deliver bug fixes and new features.
Characteristic #4: Comprehensiveness of Overall Solution
Public and private sector organizations should select a comprehensive IoT PES solution. One of the great benefits of using an IoT PES is that the solution is fairly complete and eliminates the need to contract with an extensive set of IoT vendors. Enterprises should look for an IoT PES that has a strong end-to-end story; a clean, consistent and modern user-interface (UI); and a cohesive set of offerings that effectively integrate different components. An IoT PES typically offers visually-appealing functionality for data collection, data processing, alerting, notifications, device management, dashboards and analytics. Some PESs also offer application development frameworks for both web and mobile. Despite a long list of interdependent and interconnected components creating an end-to-end story, public and private sector organizations should choose an IoT PES that links these components in a clear and logical fashion.
Public and private sector organizations looking to quickly and safely deploy IoT solutions must choose the best IoT PES vendors . Organizations should find those vendors that have a rapid time-to-market model; heightened domain expertise and insight; sophisticated solution management tools; and a comprehensive overall solution. These IoT PES vendors will be able to deliver a quality technology solution and the ongoing support needed for a successful IoT implementation.