Welcome to the fifteenth edition of Telecommunications E-ssentials, which after three years will also be the final issue as 2018 will see its metamorphosis into IoT E-ssentials.
Telecommunications E-ssentials was originally envisaged to deliver a useful snapshot of compliance news, keeping you up to date on the latest telecommunications issues and how they might impact your business. However, the last few years has seen a digital revolution, which now impacts a wide range of sectors, including automotive, industrial, medical and consumer electronics. With the advent of innovations such as autonomous cars, Industrie 4.0 and wearable technologies, telecommunications is now just part of the much wider wireless technology story. The Internet of Things (IoT) is set to impact every element of our lives and deliver a truly interconnected world.
The new IoT E-ssentials will delve into the industry issues that matter to you, and deliver compelling information on the latest regulations and standards. By giving practical advice on how to ensure your operations comply, we will help you to minimise time-to-market for your products for the IoT world in the most cost-effective way.
The new format newsletter will coincide with TÜV SÜD’s service restructure, which will reflect this revolution. In an industry that is driven by innovation, buyer expectations are constantly evolving and we understand how vital it is that TÜV SÜD continues to support our customers’ businesses in the most appropriate way.
Our new service structure will help you to more effectively ensure the safety and compliance of IoT devices and components, delivering global support by managing communication with the relevant authorities on your behalf. Represented in over 1,000 locations worldwide, we hold accreditations in Europe, the Americas, the Middle East, Asia and Africa. TÜV SÜD is committed to continuing to ensure that you have the competitive edge and certifications to uphold it.
IoT - The future
IoT Analytics1 believes that by 2020 IoT platforms will manage the interoperability of around 25 billion newly connected devices. Looking further forward, Machina Research2 predicts that the total number of IoT connections will grow from 6 billion in 2015 to 27 billion in 2025, with cellular connections growing from 334 million to 2.2 billion.
It is clear that IoT will transform how we work and play, with industry already ramping-up its use with a growing trend emerging for machine-to-machine (M2M) connections. Indeed, service providers recognise the market’s potential and continue to invest in new technologies that will support an exponential growth in demand for IoT services. This is no surprise, given that Machina Research also predicts that the total IoT revenue opportunity will be $3 trillion in 2025 (up from $750 billion in 2015), of which more than 40 per cent will be derived from end user devices, connectivity and applications.
The multitude of possible IoT uses by both consumers and industry is evident in the number of potential IoT platforms that product developers can choose from. Counting at least 300 options, many of them are still in their infancy in terms of development and acceptance, which makes the selection process a complex one. This also means that the IoT architecture is not standardised – a common theme that we have seen with all evolutionary technologies, from the VHS vs Betamax video format race of the 1980s, to the NFC technology evolution of today. On top of this, of course security must be a prime concern, and to minimise the threat of cyber-attacks, data must be effectively protected and encrypted.
However the IoT market evolves, you can rely on TÜV SÜD’s network of international and local specialists to deliver the support you need. Their technical expertise and impartial advice, coupled with our extensive portfolio of services across multiple sectors, will help you gain a competitive edge by efficiently achieving international standards compliance and certification.