Nordics see 5G as IoT catalyst, says ISG report
August 22, 2019
Enterprises in the Nordic countries see the rollout of 5G mobile services, with their faster networking speeds, as a catalyst for the broader adoption of the IoT, according to technology research and advisory firm Information Services Group (ISG).
The report sees the IoT gaining momentum in the Nordic region, with the technology being deployed or tested in the manufacturing, healthcare, smart buildings and connected car industries.
"The IoT will help enterprises in these and other industries save money, make better business decisions, create operational efficiencies and improve their processes," said Barry Matthews, partner and head of ISG in northern Europe. "Consumers will benefit from the enhanced user experiences enabled by the IoT, which in turn will drive new revenue streams for Nordic businesses."
The launch of 5G technologies will open up use cases for the IoT in the Nordics, the report says. Leading telecoms companies in the region are also ramping up their NB-IoT deployments, which allows users to transmit a small amount of data from multiple devices. NB-IoT consumes little power, enables long battery life and can address several connectivity needs.
Governments in Denmark, Finland, Iceland, Norway and Sweden are eager to adopt the IoT and other technologies as a way to improve the lives of citizens, the report says. In particular, governments in the region are collaborating through the Nordic Smart City Network, which helps them create best practices for smart city projects and urban development.
Cyber security remains a major concern with the governments of Norway, Sweden and Finland, in particular, planning to invest in national security infrastructures to prevent cyber attacks.
Nordic enterprises, meanwhile, are looking for the right partners to ensure successful IoT deployments. Enterprises in the region are investing heavily in IoT projects, and they want vendors that can help them with the technical details and with strategies for entering the IoT market to achieve commercial success. Enterprises are looking at the IoT as a platform for change that will help the region become more connected and improve collaboration, the report says.
The report sees connected vehicles and smart buildings as the next big growth areas for the IoT in the Nordic region. Growth in the connected vehicles segment will be driven by usage-based insurance, vehicle diagnostics and vehicle-based computing platforms, the report says. Interest is also growing in intelligence transportation systems.
In the smart buildings space, the focus is on automation and security, with interest in using the technology in commercial and residential buildings. IoT service providers should look for ways to integrate smart buildings and homes with the surrounding infrastructure to create smart cities, the report recommends.
The report evaluates the capabilities of 19 providers across five quadrants – consulting and services, managed systems and services, connected cars, manufacturing, and smart buildings and infrastructure.
The report names Wipro as a leader in all five quadrants, while Atos, Capgemini, Cognizant and HCL are leaders in three. Infosys was named a leader in two, and Harman and Tele2 were named leaders in one.