BC NA December 2020

Butaney recommends a four-step
process for picking the right IoT
wireless technology to reduce costs,
complexity and security risks:
1. Decide what IoT device you are
going to connect
2. Decide the application requirements
- latency, reliability, cost, thrupu, etc
3. Decide the deployment scope -
indoors or outdoors, over miles or
a few hundred feet
4. Assess the technology options
against those requirements
91
Combined, businesses,
governments and consumers
will invest nearly
US$1.6trn
to install IoT solutions in 2020,
PwC
Overall, Butaney expects IoT to
continue to deliver radical transformation
across industries. “In a sense, the
future is now. IoT is already critical
today for many businesses. This will
only become more pervasive.” Just
a few examples of the future and
current impacts of IoT include: connecting
intersections to reduce traffic
and improve road safety; connecting
robots to reduce machine downtime
through predictive maintenance; and
connecting workers to improve worker
safety ( measuring worker proximity in
an age of pandemics).
businesschief.com