December 5, 2017

Our Take on Deloitte’s TMT Predictions for The Great Indoors

4 minute read

 

 

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Earlier this year, Deloitte Global released their 2017 Technology, Media and Telecommunications Predictions report. It was no surprise that indoor location and navigation was one of the handful of disruptive technologies addressed
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Deloitte predicts that in the next five years, at least a quarter of all digital navigation use, both human and machine, will include a segment that is either partially or entirely indoors, compared to today, which is calculated at less than five percent.

Deloitte goes on to highlight two core components required to achieve all that indoor navigation promises: real-time location and digital maps.

We too believe that indoor maps and location are a key foundational layer. When combined with indoor positioning, for which the infrastructure is now available and ready to deploy widely, indoor maps can be used to power a host of mission critical use cases ranging from indoor navigation to asset tracking, building energy efficiencies, and facilities management.



"While there is no direct equivalent to a satellite GPS, we are now seeing scalable deployments of the required infrastructure for indoor positioning that can deliver accurate location to indoor maps in real-time. When combined with the vast amount of data available, there are huge new opportunities for improving experiences and operational efficiencies. For the first time, indoor maps can truly unlock the value of the Internet of Things.”

Chris Wiegand, CEO and co-founder, Jibestream
Forbes - Since You Asked, Here's How Google Maps Really Works


While this report touches on the significance of indoor navigation and the ability to locate people and objects while indoors, it doesn’t talk much about what is involved in executing a successful project.

One major factor to consider is that the market for indoor navigation and location technologies is still in its early years. It is essential to realize that because of this, the market is highly fragmented. There is no shortage of vendors, however, the majority of these providers are offering point solutions. A point solution may address a business’s immediate need for a specific challenge or use case, however, the negative implications far exceed the benefits.

Imagine a future of managing the complexity of different users, use cases, and data needs. In an emerging market, it is vital for organizations to educate themselves about the different technologies available and their associated limitations. An organization’s business requirements will evolve over time. Investing in an extensible solution that can adapt to address future business needs and use cases will prevent costly errors like investing and deploying technology that is not adaptable or will be obsolete in the near future.

Before embarking on this rewarding journey, educate yourself. Take the time to identify what your goals are, today and for the future. Making an informed decision is the best way to ensure that your experience is satisfying and successful.

Learn more about Deloitte’s Technology, Media and Telecommunications (TMT) Predictions at www.deloitte.com.


 

 

Author

Jody Shaffer

Jody Shaffer is the VP of Marketing for Inpixon. Beyond her passion for marketing, Jody aspires to run a half marathon. She gets lots of practice chasing her two young daughters around the house.

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