Big Data, and then what?

Big Data, and then what?

“We’re not looking ahead to, or preparing for, the 4th Industrial Revolution. It’s here and you’re either going to be a part of carving the path for businesses, or you’re going to spend the next century playing catch up.” Nico Steyn, CEO IoT.nxt.

Automation, digitisation and integration – they all result in pools of data from which companies envisage doing great things. But what happens to all that data? Where does it go, and who sorts through it to turn it into knowledge once it gets there?

For big data to be useful, you need a combination of predictions and data science, and dashboards to visualise the data, providing the end user with a data exploration tool. You need an interface that “understands what a user wants”. You need to go beyond machine learning to cognitive computing.

“Siri, for example, can answer questions but also understands context— whether the user is in a car or at home, moving quickly and therefore driving, or more slowly while walking. This information contextualizes the potential range of responses, which are therefore more personalized.” – Earley Information Science (EIS)

Involving the simulation of human thought processes in a computerized model, cognitive computing involves data mining, pattern recognition and natural language processing that are used to mimic how the human brain works.

“Take IBM. The company is pouring $1 billion into its Watson computer system, the one that answered questions correctly on the game show Jeopardy! IBM now imagines computers that can carry on intelligent phone calls with customers, or provide expert recommendations after digesting doctors’ notes. IBM wants to provide “cognitive services”—computers that think, or seem to (see “Facing Doubters, IBM Expands Plans for Watson”).

Take a look at Watson in action:

Different from the programmable systems that proceeded it, cognitive computing systems like Watson enable people to unlock insights hidden in volumes of structured and unstructured data by interpreting text and discerning context based on the industry Watson is at play in.

“Of course, the limitation here is that they can only ever do things that we know how to teach them to do. But considering the fact that computers can process information far faster than we could ever hope to do ourselves, might it be more efficient to simply give them all the data we have available, and let them work out the best method of solving problems for themselves?” – Forbes

Well, Watson can.

There are 3 pillars supporting this mammoth feat in engineering:

  • Natural Language Processing
  • A ‘Voracious appetite for data, and,
  • The ability to learn.

“We believe that the world has entered a new era in the history of computing, which we call the cognitive era. IBM is committed to advancing cognitive technologies and a new way of solving problems to help transform companies, industries and professions, and to improve the day-to-day lives of individuals everywhere.” – IBM

Think this all sounds futuristic? It’s not. This technology is well within reach and vital for the future of your business.

Still not sure if you should digitalise? It’s about time we chatted.

IoT.nxt selects Microsoft Azure to drive its IoT solutions

IoT.nxt selects Microsoft Azure to drive its IoT solutions

28 June 2017

South African innovator in Internet of Things (IoT) technology IoT.nxt announced it has selected Microsoft Azure to power its applications at different companies in diverse industries.

“We use Microsoft from the edge to the cloud as it eases development, allows code to be reused between the cloud and sites and provides a holistic stack to build our technology on. Microsoft’s stack is already used at many of our customers – making it easy to integrate with their authentication and authorization technologies, backup infrastructure and on-site server setups,” says Michiel du Toit, software developer at IoT.nxt.”

Du Toit adds, “IoT.nxt is technology and platform agnostic — using Microsoft cross-platform technologies, tools and services definitely drives efficiency for us and the companies we serve. IoT.nxt has cross-functional teams working on or with Microsoft technologies,” Du Toit says.

IoT.nxt’s Raptor 1000 field gateway is built on the .NET Micro Framework. The company also uses Microsoft .NET Framework, .NET Core, Azure IoT Hub and Microsoft SQL Server on Microsoft Windows Server environments to power its on-site technology. For business intelligence dashboarding, IoT.nxt uses Microsoft Power BI platform to visualise data.

The Azure Virtual Network service enables IoT.nxt and its customers to securely connect Azure resources to each other with virtual networks (VNets). A VNet is a representation of a company’s own network in the cloud and is a logical isolation of the Azure cloud platform dedicated to the company’s subscription.

Du Toit notes, “The Microsoft Azure SQL Database service helps IoT.nxt deliver predictable performance at multiple service levels, dynamic scalability with no downtime, built-in business continuity and data protection — all with near-zero administration. These capabilities also allow us to focus on rapid app development and accelerating our time to market, rather than allocating time and resources to managing virtual machines and infrastructure.”

John “JG” Chirapurath, general manager of Data Platform Marketing, Microsoft Corp. said, “We’re pleased IoT.nxt placed its confidence in Microsoft Azure as its cloud platform. The variety of integrated Azure services deliver the flexibility, scale and data management that IoT.nxt customers rely on.”

IoT.nxt has developed an edge to cloud IoT platform that enables rapid IoT implementation as the main underpin for enterprise digital transformation. IoT.nxt’s unique Raptor edge gateway technology and gateway management software integrated into its end to end Commander software stack clearly differentiates it from its competitors.

The platform allows for a top down or bottom up digital transformation approach and is an enabling technology for all of the large IoT platform and big data players, as is evidenced through the company’s many commercial applications across many industry verticals where customers were using Microsoft, SAP, IBM or GE, to name a few.

Notes to the Editor:

IoT.nxt is a unique rapid digitisation technology enabler that future-proofs enterprises, helping them leverage existing infrastructure investment and integrate into new technologies. The resulting interoperability and interconnectivity breaks down data silos and cuts out vendor lock in.

Our IoT solution allows our clients to rapidly transform their businesses and move into the digital age quickly, and without disruption to operations.

ISSUED BY: IoT.nxt

For further information please contact:

Daleen van Wyk

Media Liaison

Tel: 083 302 0827

Email: [email protected]

www.iotnxt.com

Mining: Breaking down the silos

Before you give yourself a pat on your back for digitising your mine, let’s look a little further down the road.

The mining industry has, for the most part, embraced digitisation. Many of the processes are relatively automated, but operate in silos.

Pit monitoring, ROM movement, drilling, blasting, loading, hauling, beneficiation and outbound logistics – all of these processes are crucial to the overall mining operation and, in most mines, are digitised.

Before you give yourself a pat on the back, let’s look ahead. You’ve created what is potentially a more productive mining operation. You’ve invested in systems and need to start seeing ROI as soon as possible. What you can’t afford, are delays of any kind. Yet you have them.

Your processes are producing piles of data, but each pile is in a different language and location. In a nutshell, your smart processes aren’t talking to each other – yet.

So how do you tie your up-, and down-stream processes together without stopping production or sending your production costs through the roof?

Better yet, how will you adjust the price of your commodity fast enough to react to the market and make sure you don’t miss out on opportunities, all while ensuring your stock levels and logistics operations are functioning without breaks in production due to miscommunication?

Can you equip your marketing and sales departments with real-time insight into stock levels?

Eric has the answer.

Find out how he can help you

  • Integrate your systems to increase efficiency by 15-25%?
  • Increase production volumes by 20%
  • Use engineering downtime as maintenance uptime to increase production improvement by 20%
  • Have visibility across the engineering value chain, combined with real-time information to reduce time latency, and improve production efficiency by 10%.

 

Eric CroeserERIC CROESER

Director of Partnerships – Mining

BEng Mining MMC Certified MBA

Just around the corner from Durban, in a quiet corner of SA, Eric Croeser first fell in love with mining in his home town of Empangeni. Quick on his brightly-socked feet, and armed with a BEng in Mining and an MBA, Eric brings with him a deep understanding of complex mining operations, and what is needed to ensure they’re kept relevant, and productive, in the future. Although he fell into mining by chance, engineering has fascinated this natural-born problem solver.

Doggedly determined, Eric finished an MBA with a toddler running amok in his home. It could be because he’s a highly-skilled fly fisherman, able to focus on complex processes regardless of his surroundings, or because he’s one of the most driven people we know, incapable of giving up.

Drawn to the great outdoors and pushing boundaries to test what is humanly possible, Eric revels in being able to solve problems and balance productivity with the unpredictable nature of working with natural resources – all while going where few have been before.

Contact Eric.

You (probably) have no idea just how huge The Internet of Things already is

7 June 2017

Few businesses have a handle on just how huge the impact of the Internet of Things (IoT) will be and already is.

That is where Nico Steyn’s company (he’s the cofounder and CEO) IoT.nxt comes in.

The IoT is the networking of “smart” devices over and above computers and phones.

The Money Show’s Bruce Whitfield interviewed Steyn for his weekly “ShapeShifter” feature.

 

Africa’s 4th Industrial Revolution: Answering the big questions

Africa’s 4th Industrial Revolution: Answering the big questions

Why IIoT/Industrie 4.0?

“There is massive scope for IoT in Africa. As a continent, we are in a race in terms of becoming more competitive and more relevant in the global space. IoT as a technology certainly has the capability of catapulting Africa into the 4th industrial revolution.” – Nico Steyn, CEO IoT.nxt

First we were liberated from animal power, then came mass production and then digital availability. Now, we’re in the age of interconnectivity – the fusing together of all worlds to create connected ecosystems.

Populations continue to grow, land continues to be plundered and the industries creating food, fuel and other vital resources are under more pressure than ever to keep performance at a maximum, whilst ensuring longevity.

Africa, vast and isolated as it often seems, is not lagging by any means. Necessity breeds innovation, and in no place is this more true than in Africa. The adoption of digitalisation technologies will make African enterprises more productive and globally competitive.

“Digitalisation is the key to doing more with the same.” – Nico Steyn, CEO IoT.nxt

How will IIoT/Industrie 4.0 impact the control and automation industry?

The control and automation industry has already been affected by IoT. There are more than a few good names innovating this sector, so now it’s a case of refining technology and educating the industry to increase adoption rates.

Once connected into an interoperable digital ecosystem, businesses will start focusing on optimising their data feeds, analytics and actionable insights, with increased productivity at the back of their minds. Smarter, more accurate and more reliable data feeds – those are the outcomes of IoT implementation.

Who will drive IIoT/Industrie 4.0?

The drive forward will be two-fold. Whilst IoT providers certainly have a role to play, and there’s a need for collaboration with government and academia in order to change mindsets, it’s the end user that will be most crucial.

As the benefits of digitalisation become more apparent, and change is demanded by those prioritising the need for transformation, so the industry will be pushed forward and forced to innovate.

Front runners are clear, but they’ll be kept on their toes by end users who are prioritising the need for data and insights.

“If Africa is to compete in the digital age, we need to shift our traditional thinking. Competing against each other is counter-productive. The collaboration between government, business (local and international), labour and academia has the ability to change mindsets, implement policy and create an environment for knowledge sharing and execution. With these shifts it is possible and highly likely that digitalization will happen quite rapidly in Africa, and bring about developmental changes on the continent. One need only look at the impact of cellphone technology and smart phones in Africa to see how innovation can leapfrog older technologies at an almost breathtaking speed.” – Sabine Dall’Omo, CEO Siemens South Africa

SA’s IoT.nxt winner of MTN Internet of Things award

By on 

South African Internet of Things (IoT) startup IoT.nxt was named overall winner of the second MTN Internet of Things award event held at the Sandton Convention Centre, while also walking away with the Best Commercial Solution award.

The Pretoria-based IoT.nxt has developed a framework that moves business beyond islands of automation and towards a seamless horizontally and vertically integrated digital enterprise.

The company has recently opened offices in London and Amsterdam, and is pushing ahead with further expansion having secured a further ZAR100 million (US$7.7 million) from funding partner Talent Holdings in February.

Aside from IoT.nxt, which was winner in two categories, the other IoT startups that were recognised were Hear Scope, which won in the Most Disruptive category, Proximity ID, a winner in the Wildcard category, Digital Matter in the Most Innovative Hardware category, and MCX AgriTech in the Best Enterprise Development category.

IoT.nxt chief executive officer (CEO) Nico Steyn was pleased to win the MTN award, saying it was a great achievement for the team and was an endorsement for what it is doing and what it has achieved in 18 months.

“There is a revolution underway in business. Not only in South Africa but across the entire continent. Companies must adapt and change to remain competitive. IoT will deliver massive benefits to any company in any industry,” he said.

“This technology can deliver exponential value, as we have already seen in the many industries we are involved with. For instance, local mining companies are re-inventing themselves to remain relevant in a highly competitive global industry and are already seeing the benefits of the rapid deployment of new technology.”

MTN Business group executive Oliver Fortuin said the major strength of the IoT.nxt framework is that the solution is technology agnostic, which overcomes the challenge of connecting any and all devices or systems.

“This enables a company to deploy best of breed technologies with little or no disruption to the company’s current operations, allowing businesses to action an Internet of Things strategy quickly and easily,” he said.

“This year we were looking for ground-breaking solutions that use IoT applications and technology to generate income, productivity and streamline efficiencies in the corporate world. Interoperability, rapid deployment and ease-of-use were all major considerations.”

The awards were presented as part of MTN’s national IoT Conference, which showcased the latest trends, challenges and opportunities in the IoT space in a variety of industries, such as automotive, healthcare, asset and fleet management, manufacturing, security, retail, smart grid, smart metering, smart home and consumer electronics.

www.disrupt-africa.com

‘Tech disruptors’ recognised at MTN Awards

South Africa | 6 June 2017
Laura Senior
Johannesburg – Innovative local companies were awarded at the MTN Internet of Things Awards (IoT) last week in a celebration of companies bringing up market solutions that are market ready for IoT.

Held at the Sandton Convention Centre and in their second year, the awards sought to identify as well as recognise the biggest IoT or tech disruptor of the year.

The overall winner, who also took home the best commercial solution award, was IoT.nxt.

The technological company won thanks to their framework which allows efficiency, cost saving and increased revenue. 

They were able to overcome challenges with technology agnostic and so were awarded a trip for two to the IoT Solutions World Congress in Barcelona, estimated at R200 000.

Speaking about the IoT.nxt, MTN Business’s group executive Oliver Fortuin acknowledged the winning company’s agnosticism and how they were able to increase their revenue.

“This enables one to deploy best of breed technologies with little or no disruption to one’s current operations, allowing businesses to action an Internet of Things strategy quickly and easily,” Fortuin enthused.

Other winners include Digital Matter, who supply a innovative range of white-label GPS tracking and telematic devices as well as a user-friendly web based software platform for resellers of telematics solutions, logistics and communications industries, and Proximity ID, with its cardless access control and identification system that allow users to communicate faster with their surroundings.

Fortuin added that, this year, they were looking for “ground-breaking” solutions that use IoT applications and technology to generate income, productivity and streamline efficiencies in the corporate world.

“Interoperability, rapid deployment and ease-of-use were all major considerations,” he said.

Speaking about the awards, Mariana Kruger, MTN Business’s general manager stated that the inaugural awards in 2015 “set the benchmark for IoT creation and innovation in South Africa,” and that “this year has been even better, with a proliferation of exciting solutions that have the potential to drastically transform the IoT space in the future.”

www.iol.co.za

IoT.nxt wen met visie vir Internet van Dinge

South Africa’s best IoT firms announced

IoT.nxt Attains Microsoft Gold Partner Status

By MTHULISI SIBANDA Johannesburg
IoT.nxt has emerged the biggest winner at the Internet of Things (IoT) Awards held in Johannesburg.

A technology company that has developed a world leading framework that makes the efficiencies, cost savings and increased revenue from IoT a reality for businesses, IoT.nxt clinched the Best Commercial Solution and was Overall Winner.

The award of the Most Disruptive Category went to Hear Scope while Proximity ID took home the Wildcard category with their cardless instant identification and access control system.

The Most Innovative Hardware award went to Digital Matter, which supplies an innovative range of GPS tracking and telematics devices and a user-friendly web-based software platform to the fleet, logistics and communications industries.

Indoor farming system MCX AgriTech came out tops in the Best Enterprise Development category.
All finalists had the opportunity to be trained on MTN’s revolutionary new machine-to-machine platform, and were given access to free software and hardware during the conception phase of the competition. As the overall winners, IOT.nxt received a trip for two to IoT Solutions World Congress in Barcelona to the value of R200 000.

Over 400 delegates, industry stakeholders and media attended the exclusive event celebrating the best of South Africa’s market-ready IoT solutions, applications and developers.

The inaugural IoT Awards in 2015 set the benchmark for IoT creation and innovation in South Africa, said MTN Business Group Executive, Oliver Fortuin.

“This year has been even better, with a proliferation of exciting solutions that have the potential to drastically transform the IoT space in the future.”

(CAJ News) http://cajnewsafrica.com/

 

All the MTN IoT Awards winners!

2 June 2017

The second annual MTN Internet of Things Awards celebrated the best of South Africa’s market-ready IoT solutions, applications and developers. Here are all the winners…

The inaugural IoT Awards in 2015 set the benchmark for IoT creation and innovation in South Africa,” said Mariana Kruger, the MTN Business general manager private sector. “This year has been even better, with a proliferation of exciting solutions that have the potential to drastically transform the IoT space in the future.”

Winners

The Best Commercial Solution and Overall Winner was IoT.nxt, a technology company that has developed a world-leading framework that makes the efficiencies, cost savings and increased revenue from IoT a reality for businesses.

“The major strength of the IoT.nxt framework is that the solution is technology agnostic, which overcomes the challenge of connecting any and all devices or systems,” said Fortuin in explaining their decision. “This enables one to deploy best of breed technologies with little or no disruption to one’s current operations, allowing businesses to action an IoT strategy quickly and easily.”

The winner of the Most Disruptive Category went to Hear Scope, whilst Proximity ID took home the Wildcard category with their cardless instant identification and access control system.

The Most Innovative Hardware award went to Digital Matter, which supplies an innovative range of GPS tracking and telematics devices and a user-friendly web-based software platform to the fleet, logistics and communications industries. Indoor farming system MCX AgriTech came out tops in the Best Enterprise Development category.

“This year we were looking for ground-breaking solutions that use IoT applications and technology to generate income, productivity and streamline efficiencies in the corporate world,” added Fortuin. “Interoperability, rapid deployment and ease-of-use were all major considerations.”

Prizes

All finalists had the opportunity to be trained on MTN’s revolutionary new machine-to-machine platform and were given access to free software and hardware during the conception phase of the competition. As the overall winners, IOT.nxt received a trip for two to IoT Solutions World Congress in Barcelona to the value of R200,000.

The awards were held at the same time as MTN’s national IoT Conference, which showcased the latest trends, challenges and opportunities in the IoT space in a variety of industries, such as automotive, healthcare, asset and fleet management, manufacturing, security, retail, smart grid, smart metering, smart home and consumer electronics.

www.bizcommunity.com

IoT.nxt Crowned as South Africa’s 2017 Top Internet of Things Innovator

IoT.nxt is South Africa’s fast-growing innovator in IoT technology.

A South African innovator in Internet of Things (IoT) technology, IoT.nxt, is the country’s top IoT innovator that uses IoT apps and technology to solve business problems, according to MTN 2017 Internet of Things Awards.

IoT technology is transforming the world of business, retail, heavy industry, and our personal lives.

Research from Gartner has estimated that there will be over 6.4 billion connected things in use in 2016, increasing to around 20.8 billion by 2020. Business will need to adapt their practices on a mass scale to accommodate the deluge of connected solutions.

Now in its second year, the MTN IoT Awards, hosted by MTN, attracts entries from various start-ups with IoT solutions already being deployed in South Africa and across the globe, and the ceremony, held at Sandton Convention Centre, aims to encourage local developers to create exciting, original IoT solutions for the South African market.

IoT.nxt was awarded the top accolade of Overall Winner at the second MTN Internet of Things award and walked away with the Best Commercial Solution award.

“This is a great achievement for our team. We are thrilled to receive this recognition and grateful for the acknowledgement for the company. It is an endorsement for what we are doing and celebrates what we have achieved in 18 months,” Nico Steyn, CEO, said.

“There is a revolution underway in business. Not only in South Africa but across the entire continent. Companies must adapt and change to remain competitive. IoT will deliver massive benefits to any company in any industry. This technology can deliver exponential value, as we have already seen in the many industries we are involved with,” he said.

“For instance, local mining companies are re-inventing themselves to remain relevant in a highly competitive global industry and are already seeing the benefits of the rapid deployment of new technology.”

IoT.nxt is South Africa’s fast-growing innovator in IoT technology.

The IoT firm, which was founded by Steyn and partners Bertus Jacobs and Terje Moen in Centurion at the end of 2015, will open its first fully-fledged office in Europe in The Hague, the Netherlands, in July this year. This follows its associate office established in London in January this year and now firmly starts the company’s global expansion. For more read: South Africa’s IoT.nxt sets up shop in The Netherlands

“The award project shows the incredible skills available in South Africa and we are proud that our team was considered the best. The best businesses are built through employing the best people and we have a great team. Part of our success is having the right backing. Our investment partners, Talent10 Holdings, are walking this road with us and enabled team IoT.nxt’s innovation culture to thrive,” Steyn added.

According to MTN Business Group Executive, Oliver Fortuin, the major strength of the IoT.nxt framework is that the solution is technology agnostic, which overcomes the challenge of connecting all devices or systems.

“This enables a company to deploy best of breed technologies with little or no disruption to the company’s current operations, allowing businesses to action an Internet of Things strategy quickly and easily,” Fortuin said at the presentation of the Overall Winner award.

“This year we were looking for ground-breaking solutions that use IoT applications and technology to generate income, productivity and streamline efficiencies in the corporate world,” added Fortuin. “Interoperability, rapid deployment and ease-of-use were all major considerations.”

Steyn also noted that central to digital transformation is data and, more importantly, its availability.

“The inherent latency that accompanies the data transfer has been problematic, as has the consolidation of different data formats residing in various parts of any business. All this has to be considered before it can be transformed into structured, dynamic, definable and actionable insights.”

The awards were presented as part of MTN’s national IoT Conference, which highlighted the latest trends, challenges, and opportunities in the IoT space in a variety of industries, such as automotive, healthcare, asset and fleet management, manufacturing, security, retail, smart grid, smart metering, smart home, and consumer electronics.

The winner of the Most Disruptive Category went to Hear Scope, whilst Proximity ID took home the Wildcard category with their cardless instant identification and access control system.

The Most Innovative Hardware award went to Digital Matter, which supplies an innovative range of GPS tracking and telematics devices and a user-friendly web-based software platform to the fleet, logistics and communications industries. Indoor farming system MCX AgriTech came out tops in the Best Enterprise Development category.

Globalising its IoT solution

Earlier this year, IoT.nxt secured R100 million to pursue global expansion.

The Pretoria-based IoT company has secured a further R100m from its dedicated investor and funding partner Talent Holdings.

IoT.nxt has developed a world leading framework that makes the efficiencies, cost savings and increased revenue from IoT a reality for businesses.

The major strength of the IoT.nxt framework is that the solution is technology agnostic, which overcomes the challenge of connecting all devices or systems. This enables you to deploy best of breed technologies (hardware/sensors/subsystems) but at the same time also achieve interoperability and interconnectivity between all the currently deployed systems and devices from the edge to the cloud.

The IoT.nxt platform allows rapid deployment and businesses to action an Internet of Things strategy with little or no disruption to your current operations.

The MTN IoT awards are not the first for IoT.nxt.

Global consulting giant Gartner also selected the firm as one of six 2016 Aspiring Innovators in Africa. Also recognized as a finalist for the management of innovation in the category Emerging Enterprise at the DA Vinci Institute Technology Top 100 2016.The company also Achieved Microsoft Silver Partner status for data platform.

https://techfinancials.co.za

IoT.nxt overall winner at MTN IOT Awards 2017

IoT.nxt overall winner at MTN IOT Awards 2017

By , ITWeb’s portals journalist.
Johannesburg, 2 Jun 2017

The winners of the second annual Internet of Things (IOT) Awards were announced yesterday at MTN Business Machine2Machine Conference at the Sandton Convention Centre.

The awards “celebrate the best of SA’s market-ready IOT solutions, applications and developers,” according to MTN Business group executive, Oliver Fortuin.

“This year we were looking for ground-breaking solutions that use IOT applications and technology to generate income, productivity and streamline efficiencies in the corporate world,” added Fortuin. “Interoperability, rapid deployment and ease-of-use were all major considerations.”

The Best Commercial Solution award (sponsored by ITWeb) and Overall Winner went to IoT.nxt, a technology company that has developed a framework that makes the efficiencies, cost savings and increased revenue from IOT a reality for businesses.

IoT.nxt received a cash prize of R200 000 towards a trip to the IOT World Congress in Barcelona in October this year.
“The major strength of the IoT.nxt framework is that the solution is technology agnostic, which overcomes the challenge of connecting any and all devices or systems,” said Fortuin in explaining the decision. “This enables one to deploy best-of-breed technologies with little or no disruption to one’s current operations, allowing businesses to action an Internet of things strategy quickly and easily.”
“This is a great achievement for our team. We are thrilled to receive this recognition and grateful for the acknowledgement for the company. It is an endorsement for what we are doing and celebrates what we have achieved in 18 months,” said Nico Steyn, CEO of IoT.nxt.
The winner of the Most Disruptive Category went to Hear Scope, while Proximity ID took home the Wildcard category with their cardless instant identification and access control system.
The Most Innovative Hardware award went to Digital Matter, which supplies a range of GPS tracking and telematics devices and a Web-based software platform to the fleet, logistics and communications industries.
Indoor farming system MCX AgriTech came out tops in the Best Enterprise Development category.

MTN Business says all finalists had the opportunity to be trained on MTN’s new machine-to-machine platform, and were given access to free software and hardware during the conception phase of the competition.

The awards were part of MTN’s national IOT Conference, which showcased trends, challenges and opportunities in the IOT space in a variety of industries.

www.itweb.co.za

The big problem with data

The big problem with data

Rapid digitisation brings with it masses of data and, as more and more businesses rush to roll out digitalisation roadmaps, some big problems start to become apparent.

Network latency, differing data formats, legacy systems and data storage must all be addressed before the real benefits of digitalisation  can be realised.

 “Central to digital transformation is data and, more importantly, its availability. The inherent latency that accompanies data transfer has been problematic, as has the consolidation of different data formats residing in various parts of any business. All this has to be considered before it can be transformed into structured, dynamic, definable and actionable insights.” – Nico Steyn, CEO of IoT.nxt

Where will the data live?

The storage of data is a very real problem. Before a business can even consider reaping the benefits of a digitised ecosystem, proper thought needs to go into where all the collected data is going to be stored, processed and analysed, and how it will all talk to each other.

“The more accessible and complete data feeds are, the more accurately and dynamically predictive algorithmic models can operate. This raises a few questions for organisations as they grapple with how to handle all this data, what it will cost and how they will process and secure it all.” – Nico Steyn, CEO

Circumventing the waiting game

Real-time processing is key to unlocking the potential of Big Data. In an interconnected, multi-application environment, latency is a concern. Networks certainly play a role in killing lags and, as more devices are connected and more cloud-based environments are adopted, there will be increased scrutiny and sensitivity around latency.

“Smart IoT platform providers are finding smarter ways to work around inherent latency issues, especially in applications that rely on speed to flag life-threatening problems, while developing ways to scale implementation as organisations continue to evolve and grow”- Terje Moen, COO, IoT.nxt.

Data sits in silos

A problem facing businesses across all verticals is that they’ve digitised sections of their business, or processes within it, and none of their systems speak to each other. Either the data is in different formats or the systems haven’t been linked together. Left under pressure to prove ROI on what they’ve spent already, they’re reluctant to introduce yet another solution. What if the solution could integrate all the legacy systems, as well as any future deployments without causing the other problem that keeps Ops Managers up at night – disruption to productivity. Ours can.

Moving intelligence closer to the edge

Distributed intelligent edge computing and edge gateway technology is, arguably, the only way to deliver on rapid, disruptive digital transformation. Correctly implemented, laying the base for transformation, they can obviate risks associated with digitalisation and potential network overload.

At the moment, in an IoT-enabled set up, data is pushed from sensors into the cloud for assimilation and processing, before being pushed back to machines to alter behaviour if necessary.

Solution? Having the ability to understand information at the edge and make critical decisions without having to push information into the cloud to be processed. In other words, shifting processing into the edge.

Agree?

IoT.nxt wins MTN Internet of Things award

MEDIA STATEMENT 1 June 2017

South African innovator in Internet of Things (IoT) technology, IoT.nxt, was awarded the top accolade of Overall Winner at the second MTN Internet of Things award event held at the Sandton Convention Centre today. The company also walked away with the Best Commercial Solution award.

“This is a great achievement for our team. We are thrilled to receive this recognition and grateful for the acknowledgement for the company. It is an endorsement for what we are doing and celebrates what we have achieved in 18 months,” Nico Steyn, CEO, said after the announcement was made at the gala event.

“There is a revolution underway in business. Not only in South Africa but across the entire continent. Companies must adapt and change to remain competitive. IoT will deliver massive benefits to any company in any industry. This technology can deliver exponential value, as we have already seen in the many industries we are involved with. For instance, local mining companies are re-inventing themselves to remain relevant in a highly competitive global industry and are already seeing the benefits of the rapid deployment of new technology,” Steyn said.

“The award project shows the incredible skills available in South Africa and we are proud that our team was considered the best. The best businesses are built through employing the best people and we have a great team. Part of our success is having the right backing. Our investment partners, Talent10 Holdings, are walking this road with us and enabled team IoT.nxt’s innovation culture to thrive,” Steyn added.

According to MTN Business Group Executive, Oliver Fortuin, the major strength of the IoT.nxt framework is that the solution is technology agnostic, which overcomes the challenge of connecting any and all devices or systems. “This enables a company to deploy best of breed technologies with little or no disruption to the company’s current operations, allowing businesses to action an Internet of Things strategy quickly and easily,” Fortuin said at the presentation of the Overall Winner award.

“This year we were looking for ground-breaking solutions that use IoT applications and technology to generate income, productivity and streamline efficiencies in the corporate world,” added Fortuin. “Interoperability, rapid deployment and ease-of-use were all major considerations.”

Steyn also noted that central to digital transformation is data and, more importantly, its availability. “The inherent latency that accompanies data transfer has been problematic, as has the consolidation of different data formats residing in various parts of any business. All this has to be considered before it can be transformed into structured, dynamic, definable and actionable insights.”

The awards were presented as part of MTN’s national IoT Conference, which showcased the latest trends, challenges and opportunities in the IoT space in a variety of industries, such as automotive, healthcare, asset and fleet management, manufacturing, security, retail, smart grid, smart metering, smart home and consumer electronics.

The winner of the Most Disruptive Category went to Hear Scope, whilst Proximity ID took home the Wildcard category with their cardless instant identification and access control system. The Most Innovative Hardware award went to Digital Matter, which supplies an innovative range of GPS tracking and telematics devices and a user-friendly web-based software platform to the fleet, logistics and communications industries. Indoor farming system MCX AgriTech came out tops in the Best Enterprise Development category.

IoT.nxt was founded by Steyn and partners Bertus Jacobs and Terje Moen in Centurion at the end of 2015. The company has already set up an associate office in London and a fully-fledged IoT.nxt office will open its doors in The Hague, The Netherlands, later this year.

ISSUED BY: IoT.nxt

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