Page 15 - IoT_European_Large-Scale_Pilots_Programme_eBook_CREATE-IoT
P. 15

15


          THE DEVELOPMENT OF OPEN IoT PLATFORMS AND STANDARDS GUARANTEE INTEROPERABILITY AND

          FACILITATE ACCESS TO THE ECOSYSTEM MULTIPLYING BUSINESS OPPORTUNITIES



          As underlined by the “Digitising European Industry” communication, if European
          companies can achieve leadership in IoT platforms, this will stimulate the                             Expected benefits
          development  of  open  ecosystems  where  SMEs,  researchers,  entrepreneurs
          and innovators can develop multiple IoT-based services and applications,
          improving the competitiveness of the European industry. Open platforms can
          more  easily  achieve  critical  mass,  allowing  platform  owners  to  encourage
          third party developers, suppliers and users, as well as competitors while also
          preserving the role of leading European stakeholders in key markets.

          IoT Interoperability adds Value
          Open platforms ensure interoperability among IoT systems, which is required
          to capture 40 percent of the potential economic benefits – in the factory and
          production environment up to 60 percent of the potential value requires the
          ability to integrate and analyse data from various IoT systems (source McKinsey).

          Few, consolidated and shared standards remove uncertainty
          Too many standards can be worse than none, creating complexity, uncertainty
          about relevance and access rights for potential innovators, time-consuming
          interactions between multiple technical communities, and a risk of irrelevance
          in global markets. For example, in 2016 when the EU IoT Programme started
          there were more than 600 IoT standards in Europe.
          The IoT LSP Programme is helping the IoT research community navigate the
          technology environment, identify priorities and gaps, and define  increasingly
          important reference architectures.
   10   11   12   13   14   15   16   17   18   19   20