A company’s change from solely being a product manufacturer to also becoming a service provider is a potential application of digital transformation. In order to provide services aimed at both individuals and target groups, companies need to collect user-, application-, and product-driven data from the real world as a basis, then submit this data to further analytic processing.
Companies can now bridge the gap between the real world and the digital world using the mechanisms and principles of the Internet of Things (IoT) or the Industrial Internet of Things (IIoT or Industry 4.0). Standardized device networking and individual opportunities for interaction are now available for a wide range of uses – they open up new possibilities and expand fields of business.
When planning and introducing these kinds of solutions, it is important and helpful to identify and clarify your needs. This helps you select the right technical foundation for implementing your IoT approach.
The following considerations will play an important role in the selection process
Primary interests and business concerns
• What services would your company like to provide, and what goals should you achieve?
• How can your products help you achieve these goals, and what do your products need to do to make this possible?
• Which existing or new processes do you need to integrate your products into?
Data basis and criticality
• What data can you collect from both a technical and a legal perspective?
• How confidential does your data handling actually need to be?
• Is data gathered locally or globally?
• What are the necessary safeguards?
• How large are the data volumes that need to be transmitted, and how often does communication need to take place?
• To what extent are breakdowns or latencies acceptable in data transmission?
Product adaptation and design
• What adaptations need to be made to the product in order to make it IoT compliant?
• Is data transmission fixed or mobile? If it is mobile, to what extent is this actually the case?
• How energy-efficient and reliable does the communication setup need to be?
• Is unidirectional or bidirectional communication required?
• How do product uptakes take place?
Platform selection and IoT standards
• Provider selection: What is available on the market, and which offers are of interest?
• Private vs. public: Do you need your own platform, or would it make more sense to use an available service?
• Cost structure: How much does everything cost, and what do the costs depend on?
• Communication: What is transmitted, and how? Which IoT protocols and formats are in use?
• Security: How is communication secured, and what are the products actually allowed to do?
fme helps you find concrete answers that are specific to your company and products. With us, you make the right, future-proof choice.
We also provide support beyond the theoretical level: We help you develop an IoT solution tailored to your company, quickly achieve tangible results, and continue to use an infrastructure that remains manageable over the long term. Take advantage of our hands-on IoT consulting and development services – use them as a starting point to meet your business requirements for becoming a service provider.
The IoT market is rapidly growing, and IoT standards are now primed and ready for business. Get in touch with us – we would be happy to advise you!