In a move that will accelerate the adoption of IoT nationwide, Three Austria has launched Narrowband IoT. Three Austria is initially making the technology available to selected companies before rolling out the network country wide in mid-July.
The rapid growth of the Internet of Things (IoT) has ushered in what we now know as the “fourth industrial revolution” and the “second digital revolution”. By the year 2020, it is estimated that the number of connected devices in use worldwide will reach 20 billion.
The world is becoming increasingly dependent on machines and data. Analogue equipment is gradually being replaced with sophisticated devices, able to generate constant streams of valuable data, control processes, monitor environments and make predictions.
Deep beneath a manhole cover, miles away from its nearest hub, a smart meter wakes up, sends packets of analytic data into the cloud and goes back to sleep again. While this may not sound groundbreaking, the technology that drives this process is a breakthrough that is dramatically reducing costs and complexity and increasing flexibility for utility companies the world over.