Sigfox during its Prague conference unveiled a simplified connectivity service which now makes it possible to transform any short-range wireless device into a long-range IoT device, with hardware components for as little as $0.20.
SqwidNet, a licensed Sigfox operator, will offer access to this low-cost service in South Africa.
At the conference Sigfox officials demonstrated a prototype wireless module contained in a cardboard envelope, triggering a text message when the envelope was opened.
The cost of this wireless module has been cut down by dropping a few non-essential functionalities.
It features an ultra-thin battery, ultra-thin contacts, and an ultra-low-cost module.
“It is now possible to connect hundreds of millions of devices across verticals and sub-verticals, which were previously not viable from a cost perspective,” said Reshaad Sha, Chief Executive Officer at SqwidNet, who is currently attending the Sigfox World IoT Expo.
“From $12 in 2015, to $2 in 2017 and now at $0.20, the dropping costs of this hardware will present significant opportunities for new vertical use cases in the logistics and retail verticals. Anything that requires low cost one directional communications or ‘disposable’ connectivity can be delivered through this new low-cost enabled service.”
SqwidNet now has an Internet of Things (IoT) network that covers all South African cities.
The operator, was launched in November 2016 to deploy an ultra-narrowband IoT radio network in South Africa.
The IoT is the internetworking of physical devices, vehicles, buildings, and other items – embedded with electronics, software, sensors, actuators, and network connectivity that enable these objects to collect and exchange data.
Industrial Internet of Things (IIoT), also known as the Industrial Internet, brings together brilliant machines, advanced analytics, and people at work. It’s the network of a multitude of devices connected by communications technologies that results in systems that can monitor, collect, exchange, analyze, and deliver valuable new insights like never before. These insights can then help drive smarter, faster business decisions for industrial companies.
The most conservative independent estimates place spending on the IIoT worldwide at $20 billion in 2012, with spending expected to reach $500 billion by 2020. More optimistic predictions of the value created by the IIoT range as high as $15 trillion of global GDP by 2030.