Internet of Things: Changing the way we interact with the world around us

Faye Kyzer

IOT offers us smart solutions in almost all facets of businesses and our lives Image Credit: Supplied The Internet of Things (IOT) is changing the way we interact with the world around us in increasingly complex ways. It is a technology that is increasingly permeating our lives and providing us […]

IOT offers us smart solutions in almost all facets of businesses and our lives
Image Credit: Supplied

The Internet of Things (IOT) is changing the way we interact with the world around us in increasingly complex ways. It is a technology that is increasingly permeating our lives and providing us with smart solutions in almost all facets of businesses and our lives.

According to an estimate by an industry analyst there will be between 25 to 75 billion connected devices by the year 2025. As per a research by AT Kearney Research, the IoT solutions market in the GCC will be worth $11 billion, generating potential value for the economy of nearly $160 billion.

IOT solutions in smart cities

Massive IOT solutions are being deployed by smart cities to control and optimise streetlight networks, parking, waste collection and environment management. Facility Management companies are using IOT to provide better services to tenants, improve air quality, reduce CO2 emissions, and provide energy efficiency to buildings and save millions of dollars, each year. Enterprises of all sizes, are deploying IoT solutions to monitor assets remotely, reduce supply chain disruptions and improve overall business efficiencies. Real estate companies are using IoT to analyze office usage and provide solutions that combine dynamic allocation of real estate and office resources for their clients. The repertoire of the IoT use cases, which provide real business value and contribute to the bottom-line of the businesses is endless.

“Today, IOT is no longer a technology hype, but a critical component of digital transformation for the next generation economy,” said Ahmed Fasih Akhtar, Founder and CEO of iWire Group.

The fundamental allure of IoT is in providing access to vital data based on real-time events. “The key to success is building an attractive value proposition is to develop solutions that are simple to deploy and offer low costs to collect data, on a ubiquitous network,” he explained.

iWire Group is a UAE-based conglomerate, driving the IOT adaptation in 10 countries in GCC, Asia and Africa. It is founded by a team of visionary entrepreneurs with decades of experience in technology, banking, and retail sectors. “We are focused on delivering the promise of IOT by building sustainable infrastructure for deploying mass IOT solutions along with our partner ecosystem,” said Ahmed Akhtar.

Success in the UAE

iWire Connect is the exclusive Sigfox Network Operator (SNO) in UAE. Sigfox is the world’s leading service provider for the IOT Network and pioneer of OG Network. Sigfox has built a global LPWAN to connect billions of devices to the Internet, providing two-way, out-of-the-box, energy efficient and cost-effective connectivity to IoT Devices. “In over two years of operations, we have achieved phenomenal success in UAE, having deployed thousands of devices/ sensors covering multitude of use cases ranging from smart street lighting, environment monitoring, asset and workforce management, and working with municipalities like Abu Dhabi Municipality, Dubai Municipality, Fujairah Municipality and government entities like DEWA, FEWA, MOID and many more,” he said.

iWire Global, based in DIFC, is the global network business of iWire Group. It is aiming to expand its operations in India, UAE, KSA, Kuwait, Bahrain, Jordan, Turkey, Tunisia, Algeria, Morocco, covering over 1.6 billion people, 5.0 Million Square KMs and addressing a $4.51 trillion economy.

iWire Technologies is the IOT Systems Integrator and technical advisory entity of iWire Group. “We offer off-the-shelf as well as custom-made end-to-end IoT solutions and services consisting of IOT devices / sensors, Connectivity, applications, project implementation and support services to businesses & government organizations. To accelerate the IOT adaptation across the globe, we have developed a very cohesive partner ecosystem of device manufacturers in India to make IOT solutions cost-effective and affordable, thereby facilitating mass IOT deployment,” said Ahmed Akhtar.

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