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Smart Industry No.1 2022

Smart Industry No.1 2022 - The IoT Business Magazine - powered by Avnet Silica

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Interview<br />

Making<br />

‘Things’ Easier<br />

The world of IoT is changing fast and the number<br />

of vendors and solutions are legion. Finding the right<br />

supplier can be tricky, says Lou Lutostanski,<br />

vice president for the Internet of Things at Avnet.<br />

He was named IoT Leader of the Year at Industrial IoT<br />

World in 2019. Lutostanski talked with <strong>Smart</strong> <strong>Industry</strong><br />

editor Tim Cole about the future of IoT.<br />

n By Tim Cole<br />

potential return on their investment.<br />

And in the case of IoT, the<br />

higher the potential ROI, the richer<br />

the applications, AI algorithms, and<br />

hardware purpose built for the solution.<br />

The bottom line is, customers today<br />

should look for an ecosystem that<br />

can invest the most in research and<br />

development and yield the optimal<br />

features because they integrate<br />

into an IoT platform that is based<br />

on HyperScale Cloud IoT Services<br />

that can be used horizontally across<br />

many or all IoT solutions. In this<br />

way, the application that they buy<br />

will not require them to bear a part<br />

of the substantial additional cost<br />

of maintaining the platform. That<br />

cost will be born by the thousands<br />

and tens of thousands of customers<br />

that buy various applications built<br />

on that IoT platform. Additionally,<br />

it will prevent lock-in of one or several<br />

vendors and give them the<br />

if there were hundreds of operating<br />

systems rather than the few<br />

available today. What would be<br />

the quality and usefulness of user<br />

applications if every manufacturer<br />

wrote their own operating system?<br />

Fortunately, this industry gravitated<br />

towards just two OS providers,<br />

which has enabled a massive<br />

ecosystem supporting developers<br />

and markets for applications.<br />

In comparison, ecosystems for IoT<br />

developers and users are not at<br />

this level of maturity, and there is<br />

a lot of confusion around identifying<br />

the ecosystem that is going to<br />

provide the solid foundation for<br />

this industry.<br />

IoT ecosystems form around IoT<br />

platforms. These platforms provide<br />

the rules and structure for the<br />

various partners to integrate their<br />

products and services in a manner<br />

that is compatible with all other<br />

partners required for a successful<br />

IoT implementation.<br />

Partners who add value within any<br />

ecosystem are attracted by the<br />

popularity of a platform. The fewer<br />

platforms available, the higher the<br />

Build & Deploy<br />

IoTConnect Platform is a smart<br />

IoT platform that<br />

helps boost efficiency,<br />

manage assets and<br />

adopt innovation.<br />

source ©: Avnet<br />

BACnet<br />

IoT Portal<br />

Dashboards<br />

Rule Engine<br />

Analytics on<br />

Gateway<br />

CoAP<br />

Command Execution<br />

SMS<br />

SDK<br />

MQTTS<br />

Protocol<br />

Alerts &<br />

Notification<br />

Push Notification<br />

HTTPS<br />

Email<br />

Data<br />

Engineering<br />

Conection<br />

Bridge<br />

SAP HANA<br />

WS<br />

SAP BI<br />

Machine Learning<br />

Data Streaming<br />

Data Analysis<br />

Salesforce<br />

ERP<br />

AMQP<br />

CAN bus<br />

35

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