The recent success of the tablet and explosion of the smart device had led to the emergence of the Internet of Things (IoT). This interface holds the potential to be the next big game changing technology across many sectors. In recognition of this, Avnet Memec, a division of Avnethas recently announced plans to place IoT at the centre of its growth strategies. The distributer claims it is aiming to strategically position itself to, “grasp the opportunities offered by a market heading towards amazing numbers.”
To outline the core definition, Avnet Memec point out that, the ‘Internet of Things’ is often identified by the term Machine-To-Machine (M2M) as an ecosystem of remote applications and services based on sensors, actuators and controls connected to an IP network. The distributer also highlights that, there are huge market opportunities, noting: “estimates suggest that by 2020, 39% of the 23bn web-connected devices will be IoT solutions; way higher than mobile phones and portable devices.” In comparison it is worth considering that: “The 2013 IoT device percentage was just 1% of the networked electronic systems total, therefore it is likely that we are at the gates of a revolution far exceeding what happened when mobile devices were launched.,” said Avnet Memec.
Avnet Memec believes the industrial and consumer sectors will play lead roles in this explosive growth, guaranteeing IoT applications a base for more solid, pervasive growth. According to analysts, drivers favouring the diffusion of IoT systems include the availability of low consumption technologies, reduction in the size and cost of components, and how easy it will be to implement the new projects.
Besides offering products and solutions, Avnet Memec’s advises its strategic approach places considerable importance on the basic technologies and application contexts of the IoT concept. According to the company, IoT will be the absolute protagonist of the future’s Smart Cities, integrating energy distribution networks and mobility solutions, buildings and intelligent public services.
The distributer advises it currently offers an integrated technology and resource base including hardware, software and services: based on a product strategy designed to meet the challenges imposed by IoT applications and to address the more stringent power, size, interoperability and security requirements. For hardware the company can count on a line-card including some of the main chip and module suppliers, offering a native solutions platform optimised for IoT systems.
To make Internet of Things more easily accessible, the distributer is, selecting both chip manufacturers and partners to provide software, products and services for private and public networks.
The distributer advises it holds a complete range of technological and consolidated infrastructural options as a result of its close collaboration with important global development and communication companies. Their intention is to ‘take’ IoT solutions to clients with a complete ecosystem and solutions approach, not just single function semiconductor devices.
Avnet Memec highlights that, it is now well placed to help implement IoT projects supported by its partners who can offer access to a vast range of potential technological options and specific know-how.
