Welcome!

Recurring Revenue Authors: Elizabeth White, Pat Romanski, William Schmarzo, Liz McMillan, Dana Gardner

News Feed Item

Oracle's "Designing an M2M Platform for the Connected World" Report: Companies Extending the Use of M2M Data to Increase Opportunity and Intelligence Across the Enterprise

Growing Use of the Cloud and Need to Integrate and Secure Data Noted as Key in M2M Initiatives

REDWOOD SHORES, CA -- (Marketwire) -- 11/05/12 -- Oracle (NASDAQ: ORCL)

News Facts

  • Today, Oracle announced the results of its "Designing an M2M Platform for the Connected World" research, examining the evolving drivers behind 'Machine to Machine' (M2M) projects and how those changes are impacting solution requirements.
  • The research, which was produced by M2M analyst experts Beecham Research on behalf of Oracle, provides a qualitative assessment of solution requirements across the M2M value chain. Participants included end-users, major product OEMs, systems integrators, mobile network operators and M2M platform providers in North America, Europe and Asia Pacific.
  • The research found that M2M data from remotely located assets and devices in the field is increasingly being used more broadly for strategic purposes and value creation throughout the enterprise. It has also become a means for creating new market opportunities while providing a competitive advantage for enterprise users in their own key markets.
  • Other key findings included an increased focus on leveraging the cloud and managing data security in M2M initiatives, as more information is integrated and shared across departments and business functions.
  • To access the full report, please visit here.

M2M Data Becoming Increasingly Critical Across the Enterprise

  • The research found that the main drivers behind M2M projects are evolving, with 75 percent of participants noting that enabling new services and revenue streams is fuelling M2M projects.
  • While leveraging M2M data in operations is still key, the research found a growing interest among adopters in using M2M data for strategic decision making, providing feedback on product and services performance in the field, and tailoring products and services to meet specific customer needs.
  • 85 percent of users said an increased focus on better managing large volumes of M2M generated data is necessary to address performance and costs issues, especially as applications, such as smart meters and automotive telematics/automotive diagnostics systems, are generating increased volumes of data.
  • The use of Complex Event Processing (CEP) with M2M data will also provide users with the real-time intelligence they need to take immediate action on pre-determined factors. 65 percent of respondents saw high value in the CEP opportunity, both for B2B and especially B2B2C next generation applications.
    • This could include situations where several data sources contribute to a decision process without human intervention, such as reflecting weather conditions in agriculture management to trigger automatic irrigation or powering real-time human behavior profiling and facial recognition alerts for security applications.
  • Increasing reliance on M2M data and tighter integration with other IT systems resulted in 80 percent of respondents noting that minimizing downtime in M2M has become critically important.

Other Key Findings

  • Securing M2M Data is Critical: The increasing value, as well as volume of data, means that storing, managing, securing and analyzing data from connected devices is becoming mission critical within organizations. As such, leading implementation priorities have now become:
    • Ensuring end-to-end security indicated by 60 percent of participants.
    • Integration with IT, indicated by 50 percent of participants.
    • Coordinating partners in an increasingly complex value chain, indicated by 45 percent of participants.
  • Powering M2M Solutions in the Cloud Reduces Cost and Complexity: Leveraging the cloud was noted as key in M2M projects, as it greatly reduces the cost and complexity of delivering M2M solutions. In fact, 90 percent of respondents noted the cloud as being "vitally important" to M2M initiatives.
  • Platform Standardization Growing in Importance: 50 percent of those surveyed noted they see the advantages of having the same software development environment and programming language, such as Java, across all components of an M2M solution.

Supporting Quotes

  • "Cheaper, more powerful devices and low cost mobile network connectivity are driving an explosion in the number of connected devices and the data generated by them. The "Designing an M2M Platform for the Connected World" research shows a shift in focus towards extracting value from that data and capitalizing on new business models which are enabled by the pervasion of connected devices," said Chris Baker, senior vice president ISV, OEM and Java Sales, Oracle Alliances & Channels. "From Java on the devices to Oracle Engineered Systems in the datacenter, Oracle's end-to-end M2M platform can simplify the process of collecting, storing, managing and analyzing the data collected by connected devices, while minimizing storage costs and helping ensure the integrity and security of data."
  • "The substantial growth prospects for the M2M market can only be achieved through successful deployment of M2M solutions end-to-end, many of which are complex," said Robin Duke-Woolley, CEO of Beecham Research. "This research helps to confirm the real trends under way for solution requirements in the M2M market, including the growing business-to-business-to- consumer opportunity, and how these can best be supported."
  • "Our customers use the SeeControl Nexus Cloud to design and launch unique M2M-based businesses across multiple verticals. Due to our exclusive use of Oracle technologies -- from device to data center -- they are confident in getting to market fast and evolving these novel M2M services as they get feedback. And, customers know our cloud offers the highest levels of enterprise grade security, scalability and performance," Bryan Kester, CEO, SeeControl.

Supporting Resources

About Oracle
Oracle engineers hardware and software to work together in the cloud and in your data center. For more information about Oracle (NASDAQ: ORCL), visit www.oracle.com.

Trademarks
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks of their respective owners.

Contact Info
Jessica Moore
Oracle
+1.650.506.3297
Email Contact

Kristin Reeves
Blanc & Otus for Oracle
+1.415.856.5145
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effi...
The IETF draft standard for M2M certificates is a security solution specifically designed for the demanding needs of IoT/M2M applications. In his session at @ThingsExpo, Brian Romansky, VP of Strategic Technology at TrustPoint Innovation, explained how M2M certificates can efficiently enable confidentiality, integrity, and authenticity on highly constrained devices.
In today's uber-connected, consumer-centric, cloud-enabled, insights-driven, multi-device, global world, the focus of solutions has shifted from the product that is sold to the person who is buying the product or service. Enterprises have rebranded their business around the consumers of their products. The buyer is the person and the focus is not on the offering. The person is connected through multiple devices, wearables, at home, on the road, and in multiple locations, sometimes simultaneously...
“delaPlex Software provides software outsourcing services. We have a hybrid model where we have onshore developers and project managers that we can place anywhere in the U.S. or in Europe,” explained Manish Sachdeva, CEO at delaPlex Software, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
The IoT is changing the way enterprises conduct business. In his session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, discussed how businesses can gain an edge over competitors by empowering consumers to take control through IoT. He cited examples such as a Washington, D.C.-based sports club that leveraged IoT and the cloud to develop a comprehensive booking system. He also highlighted how IoT can revitalize and restore outdated business models, making them profitable ...
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
We all know the latest numbers: Gartner, Inc. forecasts that 6.4 billion connected things will be in use worldwide in 2016, up 30 percent from last year, and will reach 20.8 billion by 2020. We're rapidly approaching a data production of 40 zettabytes a day – more than we can every physically store, and exabytes and yottabytes are just around the corner. For many that’s a good sign, as data has been proven to equal money – IF it’s ingested, integrated, and analyzed fast enough. Without real-ti...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it ...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...