IOT = Internet of Things, basically any device that is connected to the Internet through LPWAN or LORANET.
LPWAN – stands for Low Power Wide Area Network
Low power: Operates on small, inexpensive batteries for years
Wide area: Has an operating range that is typically more than 5 km in urban setting
IOT is everywhere – The Amazon Echo & Alexa is a good consumer retail example – it can control your heating, your lighting and monitor your house all via the internet.
This project seeks to lower the barrier to access for this new technology and create opportunities for innovative businesses to develop.
Funding will focus on setting up a regional network, providing access to the network, stimulating interest in the business opportunities a network brings, and educating SME’s on the potential of IoT to their businesses.
The technology provides a means of inexpensive secure long distance communication between a sensor and a remote location. The communication requires very little power so a sensor may have a battery attached which is sufficient for the life of a device. The sensor could be measuring temperature, humidity, location, movement, air quality, or many other pieces of data. The data can be passed back to a server via the internet and presented to a decision maker with other similar pieces of data. Businesses are exploring new solutions with this inexpensive data collection to monitor tourism, improve agriculture, streamline health service delivery, improve service delivery, and drive up operational efficiency. This is the Internet of Things, but many of the business applications are still to be discovered.
This is not 3G/4G/Broadband type information but very small pieces of information fed from lots of devices. The small data ‘packets’ can be received from lots of sensors so the collection of data from lots of sensors over a long period of time will build rich decision making information which is currently unavailable.
Businesses which serve agriculture, food production, tourism, waste disposal, security, sustainable energy, health, retail, tourism and many other sectors have potential opportunities to make new solutions for themselves or for their customers.