2. IOT DEFINITION AND ELEMENTS
• IT REFEREE TO THE USE OF INTELLIGENTLY CONNECTED DEVICES TO
LEVERAGE DATA GATHERED BY EMBEDDED SENSORS AND ACTUATORS IN
MACHINES AND OTHER PHYSICAL OBJECTS –GSMA
• THE IOT IS THE INTERCONNECTION OF M2M APPLICATIONS , OFTEN
ENABLING THE EXCHANGE OF DATA ACROSS MULTIPLE INDUSTRY SECTORS .
AN EXAMPLE IS TO MANAGE THE TRAFFIC FLOW , REDUCE POLLUTION AND
IMPROVE HEALTH BY COMBINING DATA FROM A RANGE OF TRANSPORT
,HEALTHCARE AND ENVIRONMENT SENSORS –OFCOM
• COMMON ELEMENTS OF IOT INCLUDES CONNECTIVITY ,DEVICE , DATA ,
SENSOR/ACUATOR
4. IOT VERSUS M2M
• THE FIGURE ABOVE ILLUSTRATE THE CAR ENTERTAINMENT SYSTEM AND ALSO
INCLUDE THE M2M EXAMPLE WHICH IS CONSIDERED A CORE COMPONENT OF
EVERY IOT SOLUTION OR A SUBSET OF IOT .M2M IS THE COMMUNICATION
BETWEEN TWO DEVICES WITHOUT ANY HUMAN INTERVENTION (FOR EXAMPLE, A
CAR REQUESTING A FIRMWARE UPGRADE FROM A SERVER) , WHEREAS AN IOT IS
AN OVERALL SOLUTION AND NOT JUST THE COMMUNICATION ELEMENTS - IN
CAR ENTERTAINMENT SYSTEM - IT INVOLVES USER INTERACTION TO SELECT A
VIDEO TO WATCH, BUT THERE'S ALSO M2M COMMUNICATION BETWEEN THE
CAR AND THE VIDEO SERVER IN THE BACKGROUND
• WE CAN SAY THAT IOT INTEGRATES OTHER TECHNOLOGIES AND/OR DEVICES
WHICH WORK INDEPENDENTLY BUT INCLUDE SOME ELEMENT OF IOT (NETWORK,
DATA, ETC).
5. IOT BUSINESS MODEL
• THERE ARE 5 MAIN BUSINESS MODEL BETWEEN THE IOT COMPANY AND THE
CUSTOMER :-
1. COST SAVING SHARING THE END USER PAY NO UPFRONT FEES .EQUIPMENT
COST COVERED BY IOT COMPANY.
2. PRODUCT SHARING : THE IOT COMPANY CHARGES THE END USER BY THE
MINUTE FOR USAGE OF THE PRODUCT
3. PRODUCT AS A SERVICE THE IOT COMPANY CHARGES A RECURRING FEE FOR
THE USAGE OF THE PRODUCT AND ITS MAINTENANCE
4. PERFORMANCE AS A SERVICE IT’S A SOLUTION TO MAKE MAINTENANCE COST
PREDICTABLE FOR AIRLINE COMPANY ENGINES FOR EXAMPLE
5. TRANSACTIONAL : THE USER PAY UPFRONT FEE TO OWN THE DEVICE .
7. SMART IRRIGATION –PRODUCT AS A SERVICE
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• SMART IRRIGATION COULD BE SUITABLE APPLICATION FOR MY COUNTRY. IT IS A
SYSTEM FOR MONITORING OF IRRIGATION SYSTEMS USED IN AGRICULTURE. THE
WATER SPRINKLER HAS A SENSOR THAT REGISTERS THE POSITION USING GPS,
ALERTS IN CASE OF FALLING PRESSURE AND PROVIDES THE OPERATING STATUS OF
THE IRRIGATION SYSTEM WITH VARIOUS SENSORS. THE SENSOR UNIT IS CONNECTED
TO THE MOBILE NETWORK WITH A NB-IOT MODULE AND SENDS DATA AT REGULAR
INTERVALS
• THE BUSINESS MODEL IS PRODUCT AS A SERVICE WHERE THE IOT COMPANY
CHARGES THE FARMERS A RECURRING FEE .THE FEE INCLUDES THE USE OF THE
EQUIPMENT AND ITS MAINTENANCE .THE EQUIPMENT IS OWNED BY THE IOT
COMPANY WHO WILL ACTIVELY MONITORS IT FOR PREDICTIVE MAINTENANCE
PURPOSES
• THIS BUSINESS MODEL IS CHOSEN BECAUSE THE COST WILL BE LESS FOR THE
FARMERS OTHERWISE THEY WILL HAVE TO BUY THE EQUIPMENT AND PAY FOR ITS
8. THE BENEFIT TO THE CUSTOMER
• THE SERVICE WILL PROVIDE FARMERS WITH AN INTELLIGENT SYSTEM FOR
MONITORING IRRIGATION SYSTEMS.
• IT CAN ALLOW FARMERS TO ACCURATELY ASSESS HOW MUCH IRRIGATION AND
FERTILIZER IS NECESSARY, SAVING EMISSIONS AND WATER CONSUMPTION.
• REDUCTION IN THE WASTAGE OF RESOURCES, AND INCREASING CONCERN FOR
WATER CONSERVATION.
10. CONNECTIVITY TECHNOLOGY
• THE WATER SPRINKLER HAS A SENSOR THAT REGISTERS THE POSITION USING
GPS, ALERTS IN CASE OF FALLING PRESSURE AND PROVIDES THE OPERATING
STATUS OF THE IRRIGATION SYSTEM WITH VARIOUS SENSORS. THE SENSOR UNIT
IS CONNECTED TO THE MOBILE NETWORK WITH A NB-IOT MODULE AND SENDS
DATA AT REGULAR INTERVALS