The rollout of Bluetooth 5 in early 2017 is expected to quadruple the range, double the speed and boost data broadcasting capacity by 800%. Combined with other advances such as smart proximity awareness, this new Bluetooth version will greatly advance IoT capabilities.
According to the Bluetooth Special Interest Group (SIG) – the non-profit consortium of companies running Bluetooth – the extended speed, range and capacity will open vast new IoT opportunities for companies to build a more accessible and interoperable IoT that makes new enterprise and industrial use cases a reality.
McKinsey & Company predicts that if policy makers and businesses get it right, this linking of physical and digital worlds will generate between $4 trillion (their low estimate) and $11.1 trillion per year in economic value by 2025. And the bulk of that value—nearly 70% of it, says McKinsey—will come from B2B applications including construction and manufacturing where IoT technology helps optimize equipment placement and maintenance, improve safety and security, and much more.
Smart Proximity Awareness Technology will play a critical role in how enterprise organizations extract value from IoT or, alternatively, IoE—the Internet of Everything. It’s also IoE because the value creation chain includes more than just things. It involves people, data streams, locations, communication systems, and more, all connected to the Internet.
Smart Proximity Awareness is what brings it all together into a cohesive, cyber-physical system that can be analyzed and acted on to solve problems, optimize time and improve productivity.
Proximity Technology Makes IoT Work
Many companies already generate large amounts of data from IoT but only use a fraction of it. That’s because they focus mainly on detecting breakdowns or other anomalies, rather than envisioning new, value-building uses.
With Smart Proximity Awareness, companies will realize greater value from IoT by using it to predict and optimize a wide range of activities. This might, for example, include heavy industry use cases for coordinating large concrete construction projects, or similar time-sensitive endeavors involving expensive equipment and complex coordination of people, places and things.
Enriching corporate data with proximity awareness pushes several things forward. Knowing where your people, inanimate assets, suppliers, supplies and customers are – and when their joint movements are actionable – allows automated responses to specific conditions of convergence and divergence.
By standardizing proximity services in an open sensor data platform, you can track IoT assets and people in motion; determine when any two or more of them are converging or diverging; and act by triggering proximity-aware messages or instructions.
As the world becomes increasingly networked with nearly everything linked to everything else, production and supplier networks are expected to grow enormously, meaning manufacturers will need to coordinate more global suppliers. At the same time, boundaries that now separate individual factories and other facilities will be eliminated as IoT and proximity awareness connect multiple factories and the people who run them.
But building systems and solutions as vertical silos and operational islands inhibits the ability to gain strategic value from IoT. Smart Proximity Awareness based on a scalable and horizontal technology foundation lowers barriers and makes it easier to integrate all of the pieces into a single whole that is easy to operate, expand and maintain.
Now is the time to consider the IoT business opportunities at hand, set a vision, establish a plan and put Smart Proximity Awareness to work as a strategic differentiator.
How Sixgill Helps
Sixgill has built a flexible, scalable and market-proven Smart Proximity Awareness platform. The cloud-based proximity technology analyzes vast amounts of sensor and location data, converts it to actionable data insights and has already triggered more than 25 million context-sensitive actions for customers.
Sixgill Sense improves control anywhere an enterprise has mobile resources vital to its business. By building on its extensible backbone and using the Sixgill Reach mobile SDK to connect a mobile app to Sixgill Sense, organizations avoid the need for specialized (and expensive) location equipment.
For information or an IoT demo, email Sixgill at email@example.com or call (424) 322-2009.