What does IoT mean as a noun

1. IOT Definition

Iot is an acronym for Internet of Things, meaning Internet of Things. Through radio frequency identification, infrared sensors, global positioning systems, laser scanners and other information sensor devices, in accordance with the agreed protocols, any item is networked, information exchange and communication, to achieve intelligent identification, positioning, tracking, monitoring and management of items.

2. IOT Market Outlook

The Internet of Things (IoT) combines a network of physical objects ("things") embedded with sensors, software, and other technologies for the purpose of connecting to and exchanging data with other devices and systems via the Internet. These devices range from common household items to complex industrial tools. There are more than 7 billion connected IoT devices today, and experts expect that number to grow to 10 billion by 2020 and 22 billion by 2025.

3. IOT Market Company Overview

The IoT market is growing rapidly, with volume growth doubling annually over the last three years and is highly concentrated in the head-platform enterprise market. Currently there are more than 600 IOT platform companies around the world, which can be mainly differentiated into communication vendors, internet vendors, IT vendors, industrial vendors, IOT vendors, and emerging companies.

Communication vendors mainly include operators and communication equipment suppliers. Such as ctwing IoT market, Unicom IoT, and China Mobile IoT, the main feature is to converge the telecom capability and interconnection capability, and provide unified and standardized services to partners. Taking ctwing as an example, it y integrates IoT with new technologies such as 5G, AI , edge computing, blockchain, big data, etc., and builds a one-stop shopping platform for IoT based on China Telecom's CTWing 5.0, which has become the place where China Telecom's IoT industrial ecology is brought together, providing a rich array of 5G, chip module, emergency firefighting, security monitoring, tracking and positioning, smart energy, smart agriculture, smart It provides a wealth of 5G, emergency firefighting, security monitoring, tracking and positioning, smart energy, smart agriculture, smart elderly care and other industry segments, and provides partners with a channel for products to quickly reach the provinces and cities.

Internet vendors mainly include Alibaba, Tencent, Baidu, Jingdong and other enterprises, which have advantages in ecological construction and AI technology. For example, Alibaba Cloud provides access to basic products such as cloud management and technical empowerment, cooperation and implementation of industry solutions, hardware and software sales, marketing and promotion, demand docking and other rapid commercial realization channels.

IT vendors mainly include Wave, IBM, China General Services and other enterprises, which have a deep understanding of IT. For example, UFIDA utilizes the platform built by IoT, AI, digital twin and other technologies, and owns products such as Jingzhi IoT Platform, Jingzhi Cloud Box, Jingzhi Time Sequence Database YonTimesDB+ Streaming Computing Engine, Jingzhi Data Magic Cube, and Jingzhi Industrial Brain.

Industrial vendors, on the other hand, include Foxconn, Sany Group, Schneider Electric, Siemens, Xugong Group and other industrial enterprises, and the platform is based on industrial vertical capabilities. For example, General Electric is connecting machines, data, people, and other assets, using leading technologies in distributed computing, big data analytics, asset data management, and M2M communications to provide a wide range of industrial microservices that enable organizations to deliver productivity.

The IoT vendor platform is mainly rooted in the IoT era, and the platform enterprises for the IoT, mainly including Tronlink, Lenovo understands communications, Graffiti Intelligence, Tinkerer IoT, Fluorite Cloud and so on. For example, Lenovo uses the Internet cloud platform architecture design, relying on the Internet of Things, machine vision recognition and other technologies, access to sensing equipment to collect user-side data, establish a unified data center and equipment management center, forming a unified application service center, which improves the state of the equipment perception.

Most of the upstarts are established by experienced experts in IT, OT, and CT fields, and tend to specialize in a certain field. For example, HANYUN Industrial Internet of Things platform is oriented to the digitalization, networking, and intelligence needs of the manufacturing industry, and builds a service system based on massive data collection, aggregation, and analysis to support ubiquitous connectivity, elastic supply, and efficient configuration of manufacturing resources.