Change is opportunity; ignoring it is perilous. In the IoT value chain, partnership is imperative to success. Companies that accept and work to surmount the challenges emerging from the Internet of Things (IoT) can traverse the value chain, forge business-expanding partnerships, and build customer relationships of greater value. Companies which ignore IoT-driven change may not go out of business, but may find it challenging to be the best wooden stagecoach wheel maker in a world of rubber tires. At TE Connectivity, we partner with engineering innovators and technology entrepreneurs to integrated connectivity solutions that can increase value across the value chain.
TE Connectivity (TE) designed a survey for engineers on a variety of topics related to IoT design. We got responses from 180 engineers ... primarily senior engineers with a stated interest in consumer, industrial, and automotive IoT. Our survey explored IoT applications and design methods and then identified common challenges that exist across this space.
The Internet of Things is changing everything — everywhere. Yet the path and scope of those changes seem very unsettled — particularly for design engineers who have to fully understand and embrace the changes and how to best leverage them in new designs.
With this in mind, TE Connectivity (TE) designed a survey for engineers on a variety of topics related to IoT design. We got responses from 180 engineers ... primarily senior engineers with a stated interest in consumer, industrial, and automotive IoT. Our survey explored IoT applications and design methods and then identified common challenges that exist across this space.
So where do we stand just now, and is it just hype?
We think our survey assesses the opportunities and separates the hype from the reality. Here’s what we learned.
First, 5G will continue to expand the proliferation of IoT.
5G networked devices can be just about anything. With the ability to connect to thousands of devices at once at exceptionally fast speeds and low end-to-end latency, engineers anticipate 5G will have a significant impact on IOT applications. Nearly 60 percent of respondents believe the advent of 5G will mean getting data faster and that, in turn, will result in new applications of all kinds for IoT.
Second, engineers see several areas that they expect to dramatically shape IoT.
Here’s what we learned.
Third, engineers think IoT requirements are not being fully met in a number of areas, and ranked these areas as most important:
These last two areas – processing speed and cloud —were considered less vital.
Fourth, we found that miniaturization is universally seen as key to IoT development.
Fifth, we talked about how IoT is expected to evolve into what experts predict will be a pervasive network that connects virtually every aspect of our lives.
Survey participants see three common major challenges when designing for IoT.
The first two challenges were finding the right hardware and connectivity. Nearly half of respondents — some 49% mentioned these two challenges. We don’t think that is surprising given that today there are multiple wired and wireless options to connect IoT devices. All of these connectivity standards and technologies serve valuable purposes yet taking on all of those standards from Wi-Fi to Bluetooth to Ethernet is a significant undertaking.
The third challenge was security — 44% mentioned this. Others mentioned developing the right software at 43% and cloud computing issues, trailing at 14%.
Sixth, when we asked how many engineers have really started their IoT solution design — we discovered that most seem to start at the same point.
The vast majority of engineers are beginning with hardware choices — 78% — while only 22% started by specifying software.
At TE Connectivity, we think all of these findings are exceedingly relevant today. We believe we are in the midst of what we call the fourth industrial revolution — the convergence of physical things with the Internet of Things. It’s why we think this data and our analysis is so important.
From the data, it is clear that IoT is here to stay, it’s growing, and will impact design engineers moving forward. TE Connectivity has extensive experience with engineers worldwide. We expect the growth of connected things within the next five to ten years to be very significant — and we plan to play a key role with our products. Let’s work together on the IoT opportunity.
Reach out to us today.
Building new efficiencies into our daily lives. Smart technology is transforming devices, machines, and networks into the connected, responsive technology enabling the Internet of Things (IoT). To make this happen, manufacturers are installing miniature connectors, lightweight cabling, customized antennas, and multi-property sensors to improve, increase, and integrate data processing, power distribution, and signal transmission in connected cars, electrified powertrains, medical devices, industrial robots, building systems, data centers, communications networks, and more.
Why TE Connectivity? For over 75 years, our connectivity and sensor solutions have helped engineers to create innovative technology in transportation, medical devices, energy, data communications, the home and consumer products. We offer over 100,000 parts and have been awarded over 14,000 patents.
Co-sponsored for Mouser, this video discusses the opportunities in building technology for the Internet of Things (IoT). It explains the IoT advantage and looks at three industries leveraging IoT technology.
WATCH THE VIDEO (link redirects to Mouser.com)
At TE, we design and manufacture the rugged, robust connectivity and sensors solutions at the center of IoT innovation, which includes new 5G solutions that make hyper-connectivity and faster data transmission possible. Every day around the world, engineers and entrepreneurs rely on TE products to generate business advantages and customer value around the IoT market opportunity. With TE, they are turning ground-breaking ideas into the innovative technologies making our homes, worksites, and communities safer, sustainable, productive, and connected.
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