There is currently much hype surrounding IoT, or the Internet of Things. IoT refers to the integration of internet-based technology into every-day items, such as wristwatches and other jewelry, key chains, home appliances, pets and almost anything. A less popular buzzword, but one that is essential for understanding how IoT adds value to an organization, is LOT -- the Location of Things.
Location of Things technology spans the area of identifying where IoT devices are located in relation to their origins, destinations or other adjacent devices. What is the value of sensors capturing identity, environmental data, and status among other things if the consumer of this data doesn't have the contextual location information to give this data some meaning.
By adding "context" to the billions of location-aware sensors and devices that will be part of the IoT ecosystem it will open up unlimited opportunities to enhance customers’ experience, improve service quality, margins and reduce operational expenses across a wide range of industry verticals and the public sector.
There are several enablers to LoT such as:
- LPWA (Low-Power Wide-Area) networks that allow a mass market for low-cost long-range low-power connected network of objects. Analysts forecast that there will be 2.7 billion LPWA connections by 2022.
- Indoor positioning thanks to proximity context-aware devices like Wi-Fi, UWB, Mesh and BLE-beacons.
So get ready for a much wider usage of the term LoT. In the near future, Location of Things will help bring "context" to the "who" and "what" provided by the billions of IoT nodes and sensors that will populate our planet over the next decades to come.
Netclearance has been developing LoT technology and solutions since its inception for a multitude of industrial and consumer applications with the goal to add value to your IoT applications. Contact us to learn more about our IoT location gateways, readers and sensor nodes that can bring "context" to your IoT atmosphere.
Visit us at RFID Live on May 3 - 5, 2016 Booth 728B Orange County Convention Center
Orlando, Florida (www.rfidbeacons.com)