Unlocking the Potential of IoT: Co-Creating the Future

Table of Contents

1. Introduction
2. The Value Chain and Market Share of the IoT Market
   • 2.1 Embedded Computing and Edge Devices
   • 2.2 Communication Devices including Wireless and Switches
   • 2.3 Domain Solutions and Customer Solutions
3. Advantaged Companies in Phase One and Phase Two
   • 3.1 Phase One: Business Interaction
   • 3.2 Phase Two: Advantaged Companies
4. Overcoming Obstacles and Breakthroughs in Phases Two and Three
   • 4.1 Stage 1.0: White Spot Spray Form
   • 4.2 Stage 2.0: Cross-Platform Sharing and Cross-Promotion
   • 4.3 Stage 3.0: Enabling the Big Growth of Domain Innovations
   • 4.4 Stage 4.0: Reaching the Future of IoT
5. The Key Concept of Decoupling
   • 5.1 Decoupling in the Smartphone Industry
   • 5.2 Decoupling in the Energy Market
6. The Role of White Spots in Digital Transformation
7. White Spots Marketplace 2.0 and Domain Focus Solutions
8. White Spots Device and Webpage
9. Pricing and Sales Strategy of White Points
10. The Future of White Spots and Potential Growth

The Future of IoT and White Spots

The internet of things (IoT) is rapidly transforming the way we live and do business. In the next 20 minutes, I will share with You how we can leverage the advantages of IoT to co-Create the future of this technological marvel. Let's start by examining the overall value chain and market share of the IoT industry.

The Value Chain and Market Share of the IoT Market

To understand the IoT market, we need to look at its value chain and the share of different components. The traditional hardware needs of embedded computing and edge devices, along with sensors, account for 25% of the IoT market. Communication devices, including wireless technologies and switches, make up another 10%. The remaining and largest part, 55%, belongs to domain solutions and customer-specific applications. This means that the real value lies in the solutions we provide to our customers.

Advantaged Companies in Phase One and Phase Two

In the Journey towards maximizing the potential of IoT, there are three phases to consider. In phase one, we focus on business interactions and establishing a strong foundation. Phase two is where advantaged companies come into play. These companies leverage their expertise and position to drive innovation and push the boundaries of what is possible.

Overcoming Obstacles and Breakthroughs in Phases Two and Three

While We Are making progress in phase one, the real breakthroughs and obstacles lie ahead in phases two and three. We have already created the white spot spray form in stage 1.0, which serves as a foundation for further development. The next challenge is to achieve stage 2.0, which involves cross-platform sharing and cross-promotion to enable seamless integration with other systems. Stage 3.0 is where we aim to unlock the full potential of IoT by enabling the big growth of domain innovations. It is a journey that will take us four to five years to reach stage 4.0, where we can fully enjoy the benefits of IoT.

The Key Concept of Decoupling

Decoupling is a crucial concept to understand when it comes to IoT. Let's take the example of smartphones. The key difference between Apple's smartphones and previous models, like Nokia's, is decoupling. Apple decoupled the software apps from the hardware platform, allowing for easy app development and integration. A similar decoupling can be seen in the energy market, where single-vendor, single-site applications are prevalent. We aim to decouple the energy market with White Spots, allowing for greater flexibility and innovation.

The Role of White Spots in Digital Transformation

White Spots play a significant role in driving digital transformation. It signifies a shift from the traditional process-driven model to the data-driven IoT solution model. By decoupling various components and solutions, we enable a more holistic and integrated approach to digitalization. This new model empowers our customers to create innovative IoT solutions that drive their business forward.

White Spots Marketplace 2.0 and Domain Focus Solutions

With the introduction of White Spots Marketplace 2.0, we are creating an open market for the entire IoT ecosystem. This marketplace focuses on different domains, ensuring easy access to a wide range of solutions. Customers can select from a variety of white spots, common apps, integer apps, and domain-specific integrators. This marketplace fosters collaboration, co-creation, and solution sharing.

White Spots Device and Webpage

In 2020, we will expand the White Spots family to include devices and webpages that cater to developers' needs. These function modules and tools will further differentiate AdVantage and provide developers with the resources they need to create exceptional IoT products. Through White Spots Marketplace 2.0, developers can sell their IoT products to the market and collaborate with domain focus solution integrators and value-added resellers.

Pricing and Sales Strategy of White Points

White points serve as the currency within the White Spots ecosystem. Each White point is priced at $10, and can be purchased by solution innovators. This pricing strategy allows for better control over the market and ensures fair compensation for developers' efforts. In 2019 alone, we sold 260K White points, and this number is expected to grow to 500K in 2020. By 2025, we envision selling 5 million White points, making them widely available in the market.

The Future of White Spots and Potential Growth

White Spots will be the Core of the IoT ecosystem, driving its growth in phases two and three. By 2025, we aim to have 1000 active members in the White Spots community. This expansion will be accomplished through partnerships, co-creation, and joint ventures. Together with our partners, we will explore new opportunities in phase two and maximize the value of IoT in phase three. Let's work together to reach these goals in the coming years.

Highlights

• The IoT market is evolving rapidly, and Advantage is at the forefront of co-creating its future.
• Embedded computing and edge devices, communication devices, and domain solutions make up the key components of the IoT market.
• During the journey towards IoT's full potential, phase one focuses on business interaction, while phase two involves advantaged companies driving innovation.
• White Spots is a key concept that enables decoupling, revolutionizing the energy market and fostering digital transformation.
• White Spots Marketplace 2.0 creates an open market for domain focus solutions and fosters collaboration and co-creation.
• The pricing and sales strategy of White points ensure fair compensation for developers and better control over the market.
• The future of White Spots looks promising, with potential growth reaching 1000 active members and 5 million White points in the market.

FAQ

Q: What is the role of White Spots in the IoT market?

A: White Spots play a crucial role in driving innovation and co-creation in the IoT market. They enable decoupling and integration, allowing for the development of domain-specific solutions.

Q: How does White Spots Marketplace 2.0 benefit customers?

A: White Spots Marketplace 2.0 provides customers with a wide range of domain focus solutions, making it easy to find and integrate the right IoT solutions for their specific needs.

Q: How are White points priced?

A: White points are priced at $10 each, allowing for fair compensation for developers' efforts and better control over the market.

Q: What is the future growth potential of White Spots?

A: By 2025, we aim to have 1000 active members and sell 5 million White points, making them widely available in the IoT market.