From Satellite Today
We live in the era where organizations and people want 24/7 always-on connectivity. The Internet of Things (IoT) will aim to make this a reality, and readily transform companies along with the way they do business. It is the next generation of internet connectivity, and it could have far reaching consequences for just about everything.
ne of the big buzz terms at recent satellite events has been the Internet of Things (IoT), where we live in an uber-connected world full of connected devices which can pretty much track everything man and machine do as billions of devices talk to each other. While IoT is great news for the wireless industry, it could also offer some interesting new growth opportunities for satellite companies as they look to secure a role in this hyper-connected state of affairs.
Organizations such as the European Space Agency (ESA) and the Singapore Economic Development Board (EDB) have already started work on IoT strategies in Europe and Singapore, respectively. Beh Kian Teik, executive director of the Office for Space Technology and Industry (OSTIn) at the Singapore Economic Development Board (SEDB), says OSTIn is focused on building up satellite technology capabilities in both its public research institutions and for industry players, particularly through encouraging public-private collaborations. OSTIn also supports companies interested in leveraging Singapore to develop new satellite-based applications and services for the region and beyond. The EDB recently signed a deal with SES as it looks to get its IoT strategy in gear. Continue>