Innovation Management

Collaboration is the best way to capture business value from IoT

2020-10-14

Internet of things (IoT) and connected sensors are here to stay, and we can only speculate about the benefits from these solutions. Sweden have been a world leader in digitalization for a long time. Many other countries in Europe and the world have caught up and there is much to gain from collaboration projects. 

The LoV-IoT project has just been completed and we have learned a lot about IoT, Fiware, smart sensors and what use you can have of these in societies and cities.

The use of air and water sensors can create benefits and streamline work for both municipalities and companies – but for IoT and sensors to have a real impact and create benefits in the long run, it is important to work together and mobilize horizontally across administrations and sectors. Our views widen when collaborating widely with many partners – both nationally and internationally – with municipalities, companies, academia and authorities.

In the project LoV-IoT, we at IMCG collaborated with 15 different partners – all with their unique expertise in each field – investigated air and water sensors and how they can be used in different ways. With IoT and sensors, project partners are developing a more efficient system for collecting information on air and water quality in cities.

Through Fiware, the platformed used, we were able to find solutions that can improve the air and water quality in cities. There is a large interest in Europe in how we worked with this platform and how one  possibly could replicate and use something similar in other parts of Europe.

Digitization is a long-term job, and to make it successful it’s important to be flexible and to work agile. Having a long-term plan is important for being able to invest. How to work and think about  platforms, IT architecture and business/management models requires collaboration across administrative boundaries.

Frida Barrett, Innovation Project Manager

LoV IoT is one of 17 Internet of things projects in Sweden within the strategic innovation program IoT Sweden where the aim is to become part of the national goal; to become the best at using digital tools in society. The goal of LoV IoT is to contribute to better health for citizens around the world by enabling better decision-making and changing people’s behavior.