As more devices become connected, businesses are exploring the opportunity to harness the IoT to protect and track their assets – everything from livestock to plant equipment, but this will need more than just a device, writes REINHARDT VAN ROOYEN, Innovation Strategist at Jasco.
At present, business IoT deployments focus on monitoring, measuring and control, but new use cases are being developed all the time as companies begin to IoT-enable legacy devices and systems alongside new environments. Asset tracking has long been vital to organisations and IoT provides a welcome new way to enhance the efficiency of these systems.
IoT-enablement can mitigate and minimise tangible losses such as theft and vandalism, but can also help address the intangible losses companies experience when assets are not fully or properly utilised. This makes IoT a very compelling value proposition for a wide variety of applications.
* Right now, IoT devices are being used in the agricultural sector to monitor the health of calving cows, alerting farmers just before they give birth. This has led to a large reduction in complications in calving and increased the number of successful births.
* IoT devices are also being dropped into shipping packages or containers, alerting the package owner to its location and providing information on its status.
* In vehicle tracking, IoT devices now monitor driver behaviour, alerting fleet managers via the cloud of speeding or other transgressions. This information influences driver behaviour, reducing risk.
* For critical or high value assets, a properly designed IoT solution can provide a deterrent to theft, offer critical information about the actual event for investigative purposes, and offer options for recovery after the fact. The data will also enable companies to compile risk profiles for different types of assets in different scenarios, allowing them to change the way they operate to minimise their exposure to the risk factors.
The technology can be easy to apply. Tracking devices come in a large range of configurations, ranging from small battery-operated devices that can be attached or integrated into an asset, or built directly into the asset. Each deployment can be customized to the operating requirements of the asset. This includes the granularity of the information gathered or transmitted, how often updates are sent and what actions to take when an alert is triggered. The IoT device communicates via one or more networks, ranging from low-power, low-range local networks to low-power Wide Area and Cellular networks. However, a successful deployment will depend on more than just the performance of the technology – to be useful and to provide immediate value, IoT data needs to be integrated into existing systems.
This means that companies should look for an IoT solution, not just a device. It is recommended that a partner IoT with experience assists to identify and provide the technology and integration skills needed, helping to you design, deploy, maintain and customise your solution.
The flexibility of the technology means companies can start small, deploying a few IoT devices on valuable assets, and then expand the rollout as the benefits are realised. In fact, organisations will find that IoT enablement keeps giving back in unexpected ways – the power that IoT unlocks is greatly increased when the data from a device is linked to other systems, such as an inventory management or route optimisation system.
As IoT grows, there is significant opportunity to perform better risk management and increase operating efficiencies. Now is the time to explore this technology. I believe that companies that start now, will position themselves well to gain advantage in their industry sectors.
Welcome to world of 2099
The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.
Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.
This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.
Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.
As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.
“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”
The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.
“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”
Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.
- Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube
Street art goes electric
Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.
The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.
The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.
D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.
D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.
“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”
As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.
Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”
Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”