When it comes to the Internet of Things, “Billion” seems to be the word to use: billions in potential revenue, billions of connected devices, and billions of adopters (both end-consumers and business). In fact, in some cases, analysts are starting to report that the market opportunity is in the trillions.

Connected Devices and What It Means: Connect-ability and Data Needed! CSPs Step In.

Given this promising new landscape, everyone from a developer, to a college student with a start-up idea, and enterprises, are assessing where they can play a role in our new future. And while these opportunities come in a number of forms, today we focus on where the CSP will play.

Given a connected device, it is one thing to look at the functionality, look and feel, etc of the device. It’s another to consider how the data will be displayed, stored, processed, and analyzed for the consumer’s use and benefit. It’s apparent that apps are the current language of Internet of Things, and smart phones are the preferred control devices. Another perspective of a CSPs view of IoT would be: “IoT, in essence, involves scalable platforms that allow the mashing together of multiple data sources and the disaggregation of the application development environment from the device itself.” (Source: M2Mnow.com)

CSPs Embrace Opportunity: Becoming the Innovative ‘Facilitator’

The same article goes on to mention that when IoT trends started to arise, CSPs started to develop services to cater to market needs.  But gaps and challenges still exist! Enter our latest announcement on Internet of Things:

“PALO ALTO, Calif., February 25, 2015 —HP today announced the HP Internet of Things (IoT) Platform, a new service that allows CSPs to simultaneously manage heterogeneous sets of IoT sensors, operate vertical applications on Machine-to-Machine (M2M) devices, as well as process, analyze and monetize collected data in a single secure cloud platform.   HP today also announced the new HP Energy Management Pack, the first vertical application developed for the HP IoT Platform.” (See the full Press Release here)

What This Means: Industry Application

The HP IoT Platform provides support for any type of smart ecosystem and can be deployed in the customer’s choice of cloud environment. David Sliter, VP and General Manager of HP’s Communications and Media Solutions describes the benefit of the platform as being secure, standard and scalable. He adds, “HP’s unique breadth of expertise in data management, security and analysis can help CPSs create and deliver these IoT services that will drive new revenue streams while improving the customer experience.”

HP often works with specific industry-verticals. As an example, take the energy market, where both CSPs and Utilities can partner to enhance the end-user experience. Smart appliances, security and heating solutions are driving a number of smart home features- leading our daily lives to be more connected. Many new home technologies are thanks to energy management services that our gas, electricity or water providers are starting to offer. And this is just the beginning.

For more information on this announcement see the Press Release. To see it in action, find us at Mobile World Congress next week in Barcelona!

Mobile World Congress

HP will be demonstrating a number of solutions, including how the HP IoT solution empowers Telco and Utilities to securely provide home automation and energy control to consumers, industries and municipalities. Stop by the HP Booth#A320 located in Hall 3 at Mobile World Congress in Barcelona, March 2-5, to discuss how we can assist you in driving innovation.