Highlights
- Internet of Things, popularly dubbed IoT, is a growing space, with internet and connected devices at its heart
- EarlyBirds, which houses over 4.8 million innovators, is an enabling force in fast adoption of all IoT aspects by businesses
- The company’s two programs -- Explorer, and Challenger -- address varied innovation requirements of any industry
IoT or Internet of Things is a network (mostly complex) of connected devices. There is no denying IoT is making inroads and gaining traction in all fields including how to consume food, go shopping for new clothes, analyse and proceed toward concepts like climate change, environment protection, and the overall social and economic growth.
EarlyBirds -- an Australian company with millions of innovations on its platform -- is a major participant in the IoT space. Before we jump to how EarlyBirds facilitates timely adoption by organisations, let us know the company’s view on IoT’s growing influence.
IoT’s scope
In its latest press release, EarlyBirds has talked about the potential of IoT in reducing operating costs. This is indeed a prudent observation considering how organisations, large and small, are using IoT to get better business insights, enhance occupational safety, and most importantly, provide the best customer experience. These elements will enable a business to thrive in a competitive world, which makes IoT an unmissable prospect.
IoT over the past few years has facilitated connection of devices and making interaction possible with data sourced from external sources. This has created a revolutionised environment which all businesses must respond to and find their way into in a timebound manner. Separately, EarlyBirds has also cited some of the possible drawbacks of IoT including high cost of adoption, and technical complexities.
Image source: Pixabay.com; Data source: EarlyBirds’ website
EarlyBirds as IoT enabler
The company has cited a Forbes magazine article to shine more light on how the 5G tech is very likely to give a major boost to IoT. EarlyBirds has commented about the three ‘potential routes’ for this boost:
- Faster mobile broadband,
- Faster speed will result in more and more machine-to-machine (M2M) communication enabling data sharing and improved sensor function, and
- More power to things like precision mining, automation and robotic operations enabled by low latency.
EarlyBirds -- a broad pool with new age and innovative IoT related resources -- is one ecosystem that connects all key stakeholders. Innovators can find more takers of their technology, while businesses can quickly and efficiently complement existing facilities with the latest tech advancements to not lose on competitive edge.
The ecosystem
EarlyBirds’ platform is a rich resource, with more than 4.8 million innovators that have the ability to create ‘innovation maps’. The company’s Explorer initiative is designed to accelerate technological innovation process for businesses. The program focuses on wide-ranging innovative solutions, periodic innovation days, and frequent webinars.
The second, Challenger initiative, has its focus on any particular innovation need that is more specific in nature and demands solution in a short time, say a few weeks.
EarlyBirds’ ‘Innovator’ section can be explored by innovative startups and mature companies to showcase their solutions to the wider industry. The ‘Early Adopter’ section on EarlyBirds’ website provides useful tools to organisations to search and evaluate latest innovations.