Home > IoT Value Proposition

IOT MARKET TRENDS

The incredible growth of the Internet of Things (IoT) is changing our world. Two decades ago, the Internet was confined to computers. Since then, it has encompassed mobile devices including phones, smartphones, and tablets and today even the ubiquitous automobiles, TVs, and refrigerators. IoT is a global technological opportunity of unprecedented scale.

IDC® predicts global technology spend on IoT hardware, software & services to exceed US$1 trillion by 2022.

McKinsey® Global estimates that IoT has a total potential economic impact of US$3.9-11.1 trillion a year by 2025.

Gartner® Research says that there will be approximately 20 billion connected “things”.

Forrester® predicts that businesses are deploying IoT solutions to power digital transformation initiatives.

IOT USE CASES

The intelligent connectivity of physical devices through Internet of Things is driving massive gains in productivity, business growth, efficiency and quality of life in the consumer, enterprise, and industrial segments. The inter-connectivity of wide range of devices, networks and people promises to deliver game-changing products, solutions and services along with huge cost savings, increased safety, higher process efficiencies, better customer experiences and new revenue streams.

SMART
OFFICE

Next-gen managed services, supplies replenishment, productivity and user experience solutions involving print, imaging, computing and communication equipment.

SMART
BANKING

Improved security, compliance and service leadership with solutions involving banknote processors, ATMs, secure transportation and sensors.

SMART
HEALTHCARE

Increased availability of medical equipment through remote diagnostics, field service and supplies replenishment, innovation in remote care & wellness with connected personal health devices.

SMART
CITIES

Enhanced governance and citizen services with smart parking, smart lighting, emergency management, tourism promotion and environment protection.

SMART
TRANSPORTATION

Location aware and smart fleet solutions that co-relate assets, loads and user contexts involving vehicles, containers, navigation, logistics and toll infrastructure.

SMART
SURVEILLANCE

Enhanced security solutions for homes, enterprises and industries involving surveillance, access control, biometric sensors and identity systems.

SMART
VENDING

Auto replenishment, auto fulfillment, remote services and contextual promotions involving self-service kiosks, vending, dispensers and intelligent signage.

SMART
RETAIL

Omni-channel, personalized shopping solutions involving NFC, POS systems, vending systems, auto replenishment, digital signage and smart tags.

That is not all… IoT is also enabling Smart Homes, Smart Factories, Smart Wearables… the impact of IoT is far and wide!

Read our IoT Case Studies to understand how Thinxtream has transformed our customers’ businesses with IoT solutions and IoT services.

IoT Use Cases should be validated before further investment.

Connect with us today to rapidly implement a pilot IoT solution and validate it.

WHAT IS IOT?

device management,m2m,iot,iot solutions,iot services,iot platforms

An IoT solution helps create a digital identity for a device, collects data from it and its surrounding environment, and enables its remote control. It consists of sensors and actuators, communication channels, data collection on the cloud, and applications.

A typical IoT reference architecture comprises the Edge, Platform and Enterprise tiers. IoT solutions come with their challenges of scale, diversity, connectivity, privacy, security and regulatory compliance. IoT platforms such as Azure IoT Hub and AWS IoT implement reference architectures and help businesses overcome technical challenges in implementing IoT solutions.

For additional information on IoT, read our other IoT white papers

IOT FIRMWARE FOR CONNECTED DEVICES
IOT AND BIG DATA
SECURITY IN IOT
IOT AND BLOCKCHAIN
IOT EDGE ANALYTICS AND IOT MACHINE LEARNING FOR REAL-TIME DEVICE CONTROL
SCALABLE REAL TIME DATA EXPLORATION ANALYSIS & ANOMALY DETECTION FOR IOT
IOT TESTING CHALLENGES & APPROACHES
IOT CLOUD DEPLOYMENTS USING INFRASTRUCTURE AS CODE METHODOLOGIES
DEVELOPING IOT SOLUTIONS WITH AWS IOT PLATFORM
DEVELOPING IOT SOLUTIONS WITH AZURE IOT HUB PLATFORM

Interested in discussing your
IoT Business needs?