Friday, October 16, 2015

Digital Ecosystems - M2M IoT IoE

The concept of connecting physical objects is not really new. The first concept comes from Theodore G. Paraskevakos and his caller line ID system in 1968.

Connected physical objects, things, processes, data and people build the basis for the digital ecosystems.

To exploit opportunities and minimise risks it is important to understand differences between these three concepts.

Machine to Machine (M2M)

This concept represents closed, point-to-point communication between physical-first objects. More recently is M2M includes a range of technologies enabling communication between machines without human intervention.
Examples of M2M could be traffic control, robotics or smart home.

Internet of Things (IoT)

Embedding sensors, control systems, and processors enable horizontal communication across a multi-node, open networks of physical-first objects. There is no Point-To-Point communication and the "things" are uniquely identified.
Examples of IoT could be connected cars, smart meters or smart cities.

Internet of Everything (IoE)

The next step towards a digital ecosystem is the concept of Internet of Everything (IoE). IoE represents the widest concept of connectivity from the perspective of Smart Services.
The four key elements including all sorts of connections are People, Processes, Data and Things.
Examples of IoE could be found in the health industry.