Stephane Gervais, EVP Strategic Innovation, LACROIX & Nicolas DAMOUR, Snr Dir, Technology Partnership, Sierra Wireless
IoT market has huge potential for growth: 24 billion to 125 billion IoT devices by 2030 from different market research. However, current status shows that only 10% of IoT projects are industrialized.
To overcome all the roadblocks and risks, a group of companies representing the full IoT value chain decided to offer an innovative IoT journey from proof-of-concept to industrialization. It allows any user to leverage from existing devices and ensuring that what you have developed at early stage can be reused to scale-up your projects in an industrial way and that they can be deployed internationally. This can be done in three simple steps:
Start : learn and test approach with existing IoT devices and a development platform
Prove : to check the viability and benefits of the project with possibilities of customization, and identify ROI
Deploy and Scale: to scale efficiently with predictive costs and full customization if necessary
Hence, a continuity is ensured by the full compatibility in hardware, software and connectivity from the start to the scale-up phase.
Such offering is only possible by combining the strength and competences of partners representing the full IoT value chain: silicon components, software, electronic hardware, manufacturing and telecommunication. This is why the core partnership encompasses Orange, telecommunication provider, STMicroelectronics, for microcontrollers, Sierra Wireless, for communication chip and LACROIX for design and manufacturing.
We will share the benefits of this new offering with example.