IoT Research Paper: Road to Energy Savings, ROI Goes Through Telecom Operators
May 02 2017 - 8:30AM
A new research effort co-sponsored by mobile technology research
and development company InterDigital (Nasdaq:IDCC) highlights the
potential for enormous energy reduction and cost savings accessible
through IoT technology – the equivalent of 41 million barrels of
oil per day – but only if short-sighted investment rationales can
be overcome and operators provide the interconnectivity required
for peak efficiency.
The new research whitepaper by Telecoms.com
Intelligence, Smart Cities: what are the opportunities for telcos,
highlights the role of telco infrastructure in providing the
connectivity necessary to bring about energy reduction through IoT.
Despite telcos facing increasing pressure due to heightened
competition in the IoT market, the whitepaper points to the
unrivalled advantage of operators in delivering the IoT
capabilities necessary to properly and seamlessly roll out smart
cities, and specifically, smart buildings.
According to statistics from the United Nations
Environment Program, residential and commercial buildings consume
approximately 60 percent of the world’s electricity. Therefore,
there exists an overwhelming opportunity to significantly reduce
energy and unnecessary resource consumption through implementing
IoT functions as part of future building designs. Indeed, as cited
in the whitepaper, recent trials conducted as part of the EU-funded
BESOS project concluded that IoT rollouts across buildings and
cities have the potential to deliver 30 percent cost reduction by
minimizing energy inefficiency, with deployment CAPEX being
recouped within 5 years.
The whitepaper also highlights the opportunity
for IoT sensors to become part of building standards, similar to
wireless technologies of today, such as fiber to the home (FTTH),
and deliver unparalleled energy savings.
Despite the predicted benefits of smart cities and buildings,
the whitepaper revealed some of the biggest challenges to mass roll
out and market adoption:
- Legacy: Connectivity and IoT aspirations can be curtailed due
to aging infrastructure that is limited in capabilities.
- Ensuring broadband penetration: Lack of broadband
infrastructure prohibits the creation of a smart city
environment.
- Short-sighted views on return on investment (ROI): A smart city
or smart building project won’t deliver an ROI on a strategy based
on one or two-year payback cycles. Instead, it must be a
longer-term view over a five to 10-year period.
The whitepaper also indicates the need for a united approach to
tackle these challenges and see the realization of the overall
potential of smart cities and smart buildings. Research interviews
conducted by Telecoms.com revealed that operators are considered to
be the connectivity ‘glue’ necessary for the integration of all the
necessary players within the industry’s ecosystem. In addition,
research suggested that operators are essential to the successful
delivery of IoT strategies – particularly in delivering access to
core network, OSS/BSS functionality in the backend, and onboarding
new customers of IoT services.
“A united approach from building management, municipalities,
service providers, and telecoms operators, among others, will be
imperative to drive mass market adoption and ultimately change how
society operates,” said Jim Nolan, Executive Vice President, IoT
Solutions, at InterDigital. “Furthermore, responsible deployment of
IoT technology will require the future-proofing and guaranteed
interoperability that standards, such as oneM2M™, are designed to
drive.”
InterDigital develops wireless technologies for mobile devices,
networks, and services. It is a key contributor to global wireless
standards, designing and developing a wide range of innovations
that are used in digital cellular and wireless products and
networks, including IoT, 2G, 3G, 4G and IEEE 802-related products
and networks.
In two complementary smart city applications, the oneTRANSPORT™
trial and Smart Routing, InterDigital’s standards-based horizontal
IoT platform and integration framework are being used to
demonstrate the world’s first open and scalable IoT platform
enabling multi-region, multi-modal, and multi-system transport
integration across geographies in the United Kingdom. In addition,
InterDigital is developing solutions for the smart cities, smart
buildings and energy and utilities markets with partners HARMAN and
CA Technologies.
The full Telecoms.com whitepaper is available to download
here.
About InterDigital®
InterDigital develops mobile technologies that are at the core
of devices, networks, and services worldwide. We solve many of the
industry's most critical and complex technical challenges,
inventing solutions for more efficient broadband networks and a
richer multimedia experience years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world's leading wireless companies. Founded in 1972,
InterDigital is listed on NASDAQ and is included in the S&P
MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
oneTRANSPORT is a trademark of InterDigital.
oneM2M is a trademark of the Partners Type 1 of oneM2M.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Patrick Van de Wille
Email: patrick.vandewille@interdigital.com
+1 (858) 210-4814
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