Gartner Research Director Xiang Binbin: Internet of Things - The Key to Promoting Digital Business Value

Today, the era of the Internet of Everything has arrived and the Internet of Things has also entered people's daily lives. From smart cities, unmanned shops, smart bracelets, and intelligent temperature controllers, the Internet of Things not only brings good prospects in the industry, but also brings many conveniences in life. Relevant data show that by 2020, the installed capacity of global IoT equipment is expected to exceed 18.9 billion, and the world will be surrounded by IoT devices in the future. On May 17, the research director of Gartner, Xiang Binbin, shared his views on the status quo and future development trend of the Internet of Things market with the theme of “IoT—the key factor in promoting digital business value”.

Gartner Research Director Xiang Binbin: Internet of Things - The Key to Promoting Digital Business Value

Gartner Research Director Xiang Binbin

According to Gartner's survey of more than 700 companies that have already deployed IoT solutions worldwide, after the IoT solutions have been deployed, the value and benefits of corporate business are more reflected in how to cut costs and expenses, followed by The increase in core business revenue includes the creation of new revenue from customer data and the enhancement of user experience.

Xiang Binbin believes that for enterprises, the deployment of Internet of Things must be linked with the digital business of the company and it will have greater value to the company. At present, the digitization strategy of an enterprise mainly involves digital business optimization and digital business transformation. Optimization refers to focusing on what the company is currently doing and thinking about how to do it better. What the transformation does is to do more things that the enterprise “can't do at the moment”, including business model, operating model, or new business. New products or new services. The Internet of Things can, to a large extent, fully support enterprise digital business optimization and digital business transformation.

The main feature of the Internet of Things market is the segmentation platform architecture to be open and flexible

At present, the Internet of Things market is still a relatively immature market. Known IoT technologies are actually in the mature stage. Xiang Binbin said: "In addition to the immaturity of technology, the main feature of the Internet of Things market is its subdivision. Under the three submarkets of industry, commerce, and consumption, the Gartner Internet of Things market research can also be subdivided into 20 industries. The 163 application scenarios. The biggest problem caused by segmentation is that due to the differences in the scene, the ability of the 'object' itself, different scene data, and the back-office communication mechanism will be very different.

According to Binbin Bin, the deployment of the Internet of Things is divided into five phases: startup, exploration, clarification, integration, and optimization. At present, most of the enterprises that have deployed Internet of Things are in the first phase. The work done during this phase is mainly network connectivity.

Talking about the issues that enterprises should pay attention to when deploying Internet of Things, Xiang Binbin said: “When deploying, enterprises must deploy a relatively flexible architecture. It cannot be said that only a very fixed architecture is deployed for this application scenario. It will be difficult for the platform architecture in the future to open up otherwise.If the ultimate goal is integration and scale deployment, the platform needs to be more open and flexible at the device layer, communication layer, information layer, function layer and processing layer. To meet the future needs of supporting more types of terminals during the scenario extension."

The primary reason for the success of IoT deployment is that the security industry should face this challenge together

In a recent survey, Gartner’s CEB company found that nearly 20% of corporate organizations have observed at least one IoT-based attack in the past three years. In response to these threats, Gartner predicts that the global IoT security spending will reach 1.5 billion U.S. dollars in 2018, an increase of 28% from the US$1.2 billion in 2017, and even more to 3.1 billion U.S. dollars by 2021.

In this sharing, Xiang Binbin also mentioned that according to Gartner’s corporate research, the key factor affecting the deployment of the Internet of Things is “safety”. "The challenge of security is always there. With the deployment of the Internet of Things, there will be new problems emerging."

Xiang Binbin introduced that the security issue involves not only technical issues but also issues such as processes and rules. “Now the great security risks of the Internet of Things come from the edge. Because there are more new players in the Internet of Things, and these terminals are not like the traditional and relatively mature technologies of PCs and mobile phones, they are very different. For example, A small sensor, which is inherently light, does not have the processing power to load a particularly complex security software, causing it to become a hidden point of security.Some vendors who make sensors or embedded software want to appear quickly in the market. , And because of cost considerations, security is not considered as a factor, which leads to security risks. Therefore, the entire industry needs software, hardware, communications, and front-end chips to work together to solve security problems.

Chinese manufacturers are good at discovering landing scenes that are good at "from one to many"

It is reported that in terms of Internet of Things technology trends, China and the world do not have much difference compared to the world, but there are some differences in landing and application. Chinese manufacturers are not good at "from zero to one", that is, they are not good at creating a new thing completely, but Chinese manufacturers are good at "doing a lot". Therefore, the Internet of Things application scenario in China may be more enriched than abroad. According to some of China's localization characteristics, the Chinese Manufacturers' Association will innovate in different ways of use and application. At the same time, Chinese manufacturers are also very good at discovering landing scenes, and are good at bringing mature technologies to the final application.

Xiang Binbin believes that China is a big manufacturing country. Therefore, many Internet of Things terminals are produced in China. In particular, Chinese companies have strong capabilities in manufacturing modules and terminals. In addition, at present in China, Internet companies, traditional large-scale IT companies and small-scale enterprises are all committed to the development of the Internet of Things platform, and the number has reached several hundred. Although China's Internet of Things industry may have some lagging in core technology, from the perspective of the entire ecological chain, end-to-end has formed a relatively complete ecological chain.

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