Security and utility monitoring the big high-bandwidth IoT use cases - Chorus
A report from ultrafast broadband network operator Chrous and the Internet of Things Alliance suggests at least $2.2 billion in net economic benefit could be created in the next decade through the use of networked IoT devices.
The Accelerating a Connected New Zealand report, which included a survey of businesses about their existing and planned use of IoT networks, found that nearly half of technology leaders are “currently investing or intend to invest in non-premise IoT”.
Non-premise IoT connections are external infrastructure assets including traffic lights, bus stops, outdoor billboards, and CCTVs that can be transformed into IoT applications. Nearly a quarter (24%) of organisations have already integrated their IoT with AI, while 38% plan to do this in the near future.
“Accessibility of cloud solutions, edge computing, device hardware, and generative AI is helping tech leaders extend the value of their IoT deployments. These advanced technologies extract insights in real-time from vast amounts of data captured by IoT devices to improve decision making and customer experience,” says Joe Caccioppoli, Head of Growth and New Business, Chorus.
The Chorus-commissioned survey included a sample of 55 decision makers drawn from the NZ IoT Alliance membership base. The survey suggests that monitoring security and utilities are the biggest use case of IoT currently, followed by high quality video content, and environmental monitoring.
Source: NZ IoT Alliance
“A key part of a connected New Zealand is the acceleration and uptake of IoT, and non-premise IoT represents a significant portion of this. We estimate that better use of IoT could create at least $2.2 billion in net economic benefit for New Zealand over the next ten years. We are already seeing its impact across smart city infrastructure, electric vehicle charging stations, utility, and security monitoring,” says Kriv Naicker, Chair, New Zealand IoT Alliance.
Chorus is touting its ultrafast fibre network as ideal infrastructure to network IoT sensors and devices, but the likes of Spark, One NZ, and 2degrees are also using wireless infrastructure to offer IoT connectivity.
Chorus says the the research “validates several use cases of high bandwidth IoT, emerging from weather resilience, improved road and traffic infrastructure planning and monitoring, public safety, and security, to waterway and utility infrastructure monitoring”.
LUMO Digital Outdoor has connected its digital billboards via Chorus fibre, with 63 billboard sites around the country.
"We’ve always been led by an innovation mindset and that’s why we chose to work with Chorus. Its Smart Locations high-bandwidth fibre solution brings our customers a host of benefits ranging from 24/7 access to upload advertising content, real-time audience data, live-streaming video of every screen to clarity and high-resolution creative display. Chorus fibre is playing a critical role in our growth strategy as we plan to add 15 more locations and new digital media products over the next year,” says Phil Clemas, CEO, LUMO.
The biggest driver of high-bandwidth IoT uptake in organisations was “better integration with new tools like AI, cloud, and edge computing” followed by improving customer experience, according to the survey.
Source: NZ IoT Alliance
