Accelerating the
Industrial Internet of Things

Service

Service Service
Feature New Record
DEFINITION
Distinct part of the functionality that is provided by an entity through interfaces.
Service provision is often an economic activity where the buyer does not generally, except by exclusive contract, obtain exclusive ownership of the thing purchased. The benefits of such a service, if priced, are held to be self-evident in the buyer's willingness to pay for it. Public services are those, that society (nation state, fiscal union, regional) as a whole pays for, through taxes and other means. By composing and orchestrating the appropriate level of resources, skill, ingenuity, and experience for effecting specific benefits for service consumers, service providers participate in an economy without the restrictions of carrying inventory (stock) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require consistent service marketing and upgrading in the face of competition.
IOT SNAPSHOT
The IoT ONE Radar indicates the mix of hardware, software and services used in an IoT solution.
Hardware
Processors provide the intelligence behind IoT systems and are often integrated into system-on-a-chip designs.
Hardware that enables dual directional communication for data collection and control message delivery. Examples include cellular, Ethernet, and Wi-Fi.
Sensors transform energy into electrical data; they are the eyes and ears of IoT. Actuators transform electrical data into energy; they are the muscle of IoT.
Technologies that enable legacy devices and other systems to connect to the IoT. They integrate technologies and protocols for networking.
Hardware products that are used by end users that contain IoT technology.
Wearables are smart electronic devices that can be incorporated into clothing or worn on the body as implants/accessories
Software
Software that ingests data and visualises it to generate insights to answer specific questions
Software that can take over complex human operations and operate independently of human intervention.
Platforms that facilitate and allow application developments for specific use cases and/or client requirements.
Software that focus on securing devices, machines, and communications between them.
Providing the infrastructure to store and manage data.
Services
Bringing together software, hardware, middleware, and infrastructure components to build an end-to-end solution based on specific client requirements.
Developing custom hardware for specific uses and operating environments/needs.
Developing custom software for specific uses and operating environments/needs.
Providing network connectivity to allow communication between devices, things, and operators.
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