LONDON – Processor intellectual property licensor ARM Holdings plc (Cambridge, England) has invited four U.K. companies to help it form an industry forum to help shape the Internet of Things. The work is being done within the U.K. initially partly to help align it with government initiatives and regulation.
The four companies are Select Innovations Ltd., Neul Ltd., AlertMe.com Ltd. and AquaMW. The forum aims to combat what they describe as the "Internet of Silos" an unconnected world with less value to both consumers and businesses. The forum will drive a blueprint for how technologies associated with the Internet of Things should and could work together to support the 50-billion intelligent devices due to be connected to the Internet by 2020.
Governments are expected to play a key role in defining the regulations that will propel shipments for machine-to-machine communications modules. ARM has an interest in this because it expects to move from having a 30 percent market share of embedded processors in 2011 to about a 50 percent market share in 2016.
The forum's founding members are all involved in technology associated with the Internet of Things, including commercial infrastructure monitoring, energy-saving street lighting, home automation, energy monitoring and low power radio technology for sensors. The first forum meeting is set to take place on Aug. 24 and be chaired by Gary Atkinson, who leads an Internet of Things initiative at ARM.
"In the next five years, over £2.4 billion (about $3.8 billion) will be spent in the U.K. on smart home energy management devices, ranging from smart meters themselves to in-home devices that are connected to them. This is a great example of an Internet of Things application, but is only a fraction of the market that will open up over the next 15 to 20 years," said Atkinson, director of embedded at ARM, in statement. "There are massive opportunities for the U.K. and the industry as a whole in this market, but that requires a common approach to infrastructure and systems to enable the Internet of Things. The UK can lead this thinking and that's why we are establishing a forum to create a blueprint for success.