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Hewlett-Packard Enterprise (HPE) has launched a new platform to streamline interoperability and management of heterogeneous Internet of Things (IoT) devices and applications.
The HPE Universal IoT Platform, which is available globally, can be deployed on premises or in a private cloud environment for an as-a-service model.
The platform allows communications service providers and enterprises to add new functionality and benefits to users to gain from the growth of IoT.
IoT operators can simultaneously manage heterogeneous sets of sensors, operate vertical applications on machine-to-machine (M2M) devices, as well as process, analyse and monetise collected data in a single secure cloud platform.
Aligned with the oneM2M industry standard, the platform provides support for long range, low power connectivity, including cellular, radio, Wi-Fi and Bluetooth.
Other features of the platform include, multi connectivity, device management, mashup, or the ability to enrich data from the devices with external data sources, a developer portal, data analytics, and improved data security.
Bouygues Telecom subsidiary Objenious is using the HPE Universal IoT Platform and the LoRa network to provide IoT services for vehicle fleet management, remote meter reading, predictive maintenance and geolocation.
HPE IoT director and general manager Nigel Upton said: "The HPE Universal IoT Platform dramatically simplifies integrating diverse devices with different communications protocols, enabling customers to realise tremendous benefits from their IoT data, and is designed to scale to billions of transactions tried and tested in rigorous large scale Global Telco and Enterprise environments in a variety of smart ecosystems."
Gartner predicts that IoT endpoints will increase at a 31.7% CAGR from 2013 through 2020, reaching an installed base of 20.8 billion units.
In 2020, 6.6 billion things will ship, with around two-thirds of them consumer applications. Hardware spending on networked endpoints is expected to reach $3 trillion in 2020.
The research firm also predicts that IoT security related spending will skyrocket 23.7% from 2015, topping $348m in 2016.
Spending is expected to keep increasing as it has been since 2014 when it topped $231.86.
Over the next two years, spending on IoT security is expected to reach $433.95m in 2017, and $547.2m by 2018.