Chapter 4
The DNA of IoT
4.1 DCM: Device, Connect, and Manage
The first issue that the Internet of Things (IoT) ecosystem needs to address is the long and fragmented value chain that characterizes the industry. This results in numerous supplier–buyer interfaces, adding costs and time to the launch of any new product offering.
Just like the blind men and the elephant story and people’s understanding of the four pillars or the six pillars mentioned before, the IoT is still different things to different people, even though introduced more than a decade ago. However, there is one thing most people agree with: IoT (or machine-to-machine, M2M; wireless sensor networks, WSN; supervisory control and data acquisition, SCADA; radio-frequency identification, ...
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