Year in Review

Introduction of the beginning of the new year, in 2020 by the epidemic affected by the environment, the Internet of Things has also ushered in more full of dramatic challenges and changes, after the outbreak of the epidemic, a series of measures taken by various places and the occurrence of this large and small behind the event, more or less have the Internet of Things, for this reason, here I collated a relevant report, and we talk about the Internet of Things in 2020 in the global The main progress of the Internet of Things 2020 in the world, and share it with you for reference and reference! Here we take a look at the Internet of Things 2020 review: ten important advances.

Part I: Impact of Covid-19 on IoT 2020

Public interest in IoT declined by 15% due to the outbreak

Frequency of Google searches for "Internet of Things" plummeted in 2020. plummeted in 2020. Since the pandemic began in March 2020, the drop has been 15%; since then, searches for the IoT have remained relatively stable and low, with no sign of a rebound. The Internet of Things clearly doesn't play as big a role in the public as other topics, such as gaming, where interest jumped about 65%, work-at-home, 104%, and unemployment benefits, 250%, all within the same timeframe. Interest in "unemployment benefits" jumped 250 percent. An analysis of more than 3,000 earnings calls showed a similar downward trend in the use of the term "IoT" in the second quarter of 2020. However, discussions about IoT, particularly the "Industrial Internet of Things," resumed in the third quarter.

2020 IoT market strong despite pandemic

Despite the Covid-19 pandemic and

a 5% drop in global GDP in 2020, the IoT market is still growing in 2020 (both in terms of spending and total number of connected devices). While a small number of IoT projects have been halted or delayed for various reasons (e.g., infrastructure could not be built during the embargo), the majority of IoT projects continue in 2020.

In fact, 2020 is an inflection point for smart devices - for the first time ever, the number of active IoT connections (e.g., connected cars, smart home devices, connected industrial equipment), etc., exceeds the number of non-IoT connections (e.g., smartphones, laptops, and desktops). There are currently 21.7 billion active connected devices globally, of which 54% (11.7 billion) are IoT device connections. By 2025, there are expected to be more than 30 billion IoT connections, or almost four IoT devices for every person on the planet.

More than a dozen IoT themes are accelerating with the epidemic

The IoT is playing a critical role in the response to the epidemic. A number of IoT-centric use cases have played (and continue to play) an important role in helping the world respond to the outbreak. The most notable include workplace, hospital, and other IoT-based contact tracking (e.g., Concept

Reply's tracking and localization system), as well as product tracking and verification throughout the vaccine supply chain (e.g., Controlant).

Cautious optimism for 2021

The overall picture of IoT technology, going into 2021, looks optimistic. It is widely believed that any negative impact on business due to Covid-19 will fade away in 2021, and that a new "wave of digital transformation" will drive the IoT market. One of the themes that companies will be accelerating is "new technology-enabled business models," many of which will be enabled by connected IoT products. Another major theme that companies are focusing on is "artificial intelligence".

Part II: Top 10 advances in IoT 2020

The biggest new IoT force: Xiaomi

In January 2020, Xiaomi, a Chinese electronics manufacturer, announced plans to invest at least $7.2 billion over the next five years in 5G and artificial intelligence (AIoT). The new push includes major investments in a range of consumer and enterprise IoT devices such as smart TVs, drones, electric scooters, air purifiers, routers, security cameras and more.

IoT's biggest contribution in the fight against Covid-19: saving lives

At the start of 2020, no one in the IoT industry could have foreseen that IoT technology would play a major role in saving lives throughout the year. A widely cited study conducted by Imperial College London in June 2020 estimated that during the first wave of the Covid-19 pandemic, social distance saved 3 million lives in Europe alone. While most of those saved lives can be attributed to people simply staying home, wearing masks, and avoiding exposure, IoT technology undoubtedly prevented further spread in some cases.

Many IoT vendors are competing to introduce social distancing tools (including Bosch.IO's workplace segregation and contact tracking solution, Software AG and Dell's Smart Social

Distancing solution, or Concept Reply's tracking and location system, among others).

The Goebecke bakery in Leipzig, Germany, is just one of many businesses using such solutions. The owner of the business describes how both audio alerts in the workplace and the ability to analyze data on employees have led to a more cautious and aware workforce, who have subsequently shifted the distance between their respective locations.

More recently, the focus of IoT for Covid-19 has shifted to vaccine supply chain monitoring to ensure that vaccines are delivered safely without product loss, tampering or spoilage. For example, Pfizer (Pfizer/Biontech) chose Icelandic startup Controlant to monitor the distribution of its Covid-19 vaccine.

The fastest-accelerating IoT vertical: healthcare

For years, implementing IoT projects in healthcare environments proved cumbersome due to the highly regulated nature of the industry and the lack of support and urgency to digitize healthcare.

Now, there is growing evidence that Covid-19 has led to a digital explosion in healthcare, especially in hospitals. The U.S. Food and Drug Administration (FDA) issued several interim policies in May 2020 to support digital tools in 2020. Germany, for the first time in October 2020, allows doctors to prescribe disease-specific digital health apps (e.g., an app that helps cure anxiety).

One of the apps that proliferated during the pandemic was "telemedicine," in which doctors treated patients via videoconference. Doctors report that telemedicine is often seen as just the first step toward digital diagnosis, which relies on Internet of Things devices to diagnose patients from a distance. Several hospitals began trials in 2020.In December 2020, a video of a London surgeon performing remote surgery on a banana in California using 5G technology went viral.

Biggest IoT funding in 2020: Samsara

Samsara has done it again.In May 2020, during the first Covid-19 blockade, the company raised another $400 million aimed at further expanding its industrial IoT business. The round valued the company at $5.4 billion, down 14% from its valuation at the time of the 2019 investment. CEO Sanjit

Biswas also announced 300 layoffs (18% of its workforce) at the time of the funding round announcement, due to the impact of Covid-19 on critical vertical transportation systems.

Top investments of note in 2020 (related to IoT) include:

The most important technology standardization: 5G Release 16

In July 2020, the 3GPP standards body reached an important milestone: the release of Release 16, the second set of specifications for the 5G technology, and the 5G

IoT's critical step. The new set of specifications that make up Release 16 include significant improvements in areas such as "ultra-reliable, low-latency communications" (eURLLC), location capabilities, and support for TSNs (time-sensitive networks), all of which are important for IoT connectivity across a wide range of IoT use cases, and in particular for higher-end applications such as those in the industrial IoT space. applications in the industrial IoT space. In addition, Release 16 enables the deployment and management of NB-IoT and LTE-M technologies on the new 5G core network, allowing 5G networks to manage large-scale and low-complexity IoT through these technologies. Currently, there are approximately 200 million IoT connections worldwide using NB-IoT

/ LTE-M offerings. 5G IoT for high-end applications is expected to emerge in 2022 and beyond.

Most famous new buzzword: AIoT

For years, it has been assumed that the true value of the IoT could be unlocked by AI/ML algorithms applied to IoT data streams. So, in hindsight, it's no surprise that "AI + IoT=

AIoT" has emerged and become a new buzzword in 2020. In December 2020, Google had roughly 70% more searches for this topic than it did 12 months earlier. Interestingly, the term seems to have originated in China (rather than in the US, as the term "

IoT" did). Huawei and Xiaomi, as well as TSMC (Taiwan Semiconductor Manufacturing Company), have been pushing the concept of IoT, the convergence of artificial intelligence and the Internet of Things, for several years now.

In 2020, many "non-Chinese" companies are using the term in their branding efforts. US industrial software provider Aspen Technology announced its new Industry 4.0 in August 2020

AIoT

Hub, and Swiss cybersecurity company Wisekey launched its new AIoT-centered digital strategy in September 2020

Hub. Other examples of companies pushing the term in 2020 include Singapore-based ASM

Pacific Technology and U.S.-based analytics software provider SAS.

Biggest IoT-Related Acquisition:Nvidia-ARM

On September 13, 2020, Nvidia announced its intention to acquire ARM, the largest semiconductor deal to date, valued at $40 billion. In addition to being the largest semiconductor deal, the acquisition is expected to lead to new technological innovations for AI & IoT at the edge. The main business segment NVIDIA is acquiring is ARM's processor IP, which also has a significant IoT component, particularly edge computing.ARM's IoT Products & Services Group (ARM's Pelion

IoT platform, MbedOS, SoC solutions/security, and KigenSIM solutions) will not be involved in the deal. If the deal is approved by regulators, there could be a situation where Chinese companies would never get ARM's technology. This could further create an imbalance in the U.S.-China trade relationship, which could lead to U.S. dominance in the semiconductor IP market.

Major acquisitions (related to IoT) in 2020 include:

Most ambitious new IoT connectivity technology: Amazon Sidewalk

In November 2020, Amazon notified customers of Amazon Echo devices and Ring security cameras that Amazon

Sidewalk will soon be pushed to their devices.Sidewalk is an ambitious project to create a network of neighborhood*** enjoyment that will allow IoT devices like pets or asset trackers to connect to the Internet even when the home Wi-Fi network is down or out of range. This is technology that works by connecting different Wi-Fi networks into one low-bandwidth network for IoT devices from different users.

In September 2020, Semtech, the chip company behind the LoRa low-power standard, announced that it had entered into a partnership with Amazon to collaborate on building the network; a few months later, in December, it was reported that the LoRa Alliance was in talks to also join and support Sidewalk using the open LoRaWAN standard, which the alliance and its more than 500 member companies all support the standard.

Most significant government initiative: the US IoT Cybersecurity Improvement Act

In December 2020, the IoT Cybersecurity Improvement Act was finally signed into US law. Among other things, the law requires the National Institute of Standards and Technology (NIST) to update IoT security standards and guidelines on a regular basis (at least every five years). Experts hope that the law will prompt manufacturers to design IoT devices with a number of cybersecurity features in mind (e.g., using secure coding practices, providing adequate authentication, and patching devices regularly).

Biggest IoT 2020 IPO: C3.ai

On December 9, 2020, C3.ai went public (trading on the New York Stock Exchange under the ticker symbol "AI.") C3 is a true IoT success story. The company was founded in 2009 by U.S. billionaire Tom

Siebel, best known for founding Siebel Systems, which was sold to Oracle in January 2006. c3.ai was originally called C3

Energy, and focused primarily on digitization of grids, meters, and utilities, which was later (2016 ) brand was updated to C3IoT and expanded its focus beyond energy as a horizontal IoT platform. In recent years, the company has emphasized general-purpose analytics and AI capabilities, which is why it rebranded again as C3.ai. today's C3.ai claims that it can read data from 57 million sensors, but Siebel makes it clear that the focus is on AI (including non-IoT applications.) Since its December 2020 IPO, the stock has soared more than 40% from its opening price, valuing it at nearly $14 billion (as of January 8, 2021).

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