Paving new ways for next-gen IoT

According to a recent study by Juniper Research, the global number of industrial connections to the Internet of Things will increase from 17.7 billion in 2020 to 36.8 billion in 2025. Smart manufacturing is identified as a key growth factor. As many of these industrial IoT systems use their own platforms, interoperability already is an issue, and with the ever-expanding network, it will only become a bigger challenge. There’s no global reference standard and none is foreseen soon.

Recognizing the need for an integrated approach, Neways Electronics International participated in the European Inter-IoT project, which ran from 2016 to 2019. This has resulted in a framework enabling interoperability among different IoT platforms, including a gateway for device-level support. Neways has taken it upon itself to further develop and market the hardware and software for this gateway, as part of an interoperable IoT platform. In parallel, it has embarked on a new European initiative, Assist-IoT. In November, this project has started work on a novel architectural approach for the next-generation IoT.