Enterprise IoT Solutions with LoRaWAN
Read Wienke Giezeman's McKinsey interview on laying the foundation to accelerate the enterprise IoT journey
November 26, 2021
By The Things Industries
The success of the Internet of Things industry lies in embedding data measured by sensors into business processes. Connectivity and IoT sensors only start to make sense in a broader digital transformation context.
“Success is when that data point ends up in a business process when it
can save a worker 30 minutes of work every day. Connectivity and IoT
sensors only start to make sense in a broader digital transformation
context,” Wienke Giezeman, CEO and Co-Founder of The Things
Industries.
Wienke Giezeman, CEO and Co-founder of The Things Industries, talks about the crucial role of IoT in digital transformation success with McKinsey.
LoRaWAN enables LoRa to address a much larger market and a longer tail, because it takes away a good amount of the overhead and complexity to build IoT solutions.
“LoRa has been around for a while already, as a technology in the
segment of low power devices. It is good at building secure, last-mile
private IoT networks, which can be deployed at low cost through simple
gateways that are connected via cellular or fixed backhaul. Eventually
these can serve as strong use cases for 5G networks. The more advanced
version, LoRaWAN, includes more network routing and connectivity
features. This enables LoRa to address a much larger market and a
longer tail, because it takes away a good amount of the overhead and
complexity to build IoT solutions such as smaller, after-market
sensors. For these reasons, LoRa is now serving as sort of a beachhead
for IoT—it makes adoption of IoT easier and less expensive.”
In the future, we will see a movement from IoT projects with purpose-built sensors and devices to a world where connectivity is standardized and embedded in the devices.
“Right now we are in the aftermarket IoT phase, where we are putting
sensors into existing fridges. You can get off-the-shelf IoT devices
for LPWAN technologies like LoRaWAN, NB-IoT, LTE-M, 5G, etc. The next
phase of IoT is embedded IoT, where it comes pre-integrated, and the
fridge already has the sensor and the connectivity in it.”
LoRaWAN is perfect for building end-to-end solutions, and will allow even more companies to leverage IoT.
Learn more about connectivity that LoRa and LoRaWAN technologies bring to the Internet of Things, accelerating its adoption. Read full interview
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