5G and IoT Ecosystem
While IoT has been a hot tech buzz word since the early 2010s, the IoT ecosystem failed to take off as fast as widely expected. However, in the last two years, as the development of AI and 5G accelerate, we are finally witnessing technology giants rushing to build up their own IoT platforms.
For example, in the most recent earnings release, Alibaba Vice Chairmen Joseph Tsai highlighted the importance of 5G and IoT to Alibaba’s ecosystem.
“To answer the question on IoT and 5G, look, we’re in the very early innings of this really transformational technology overhaul, with 5G potentially coming online in the next year or 2 years…the end result of faster connection and millions of millions of devices that need to manage large, huge amounts of data, massive amounts of data, that will need to be collected, stored, cleansed, managed. And I think if you look at our Alibaba Cloud business, our expertise is rooted in data management and data technology...it will ultimately benefit our cloud business.”
On August 9th, we attended the 2019 Huawei Developer Conference. The company unveiled its highly anticipated self-developed operating system (HarmonyOS). Along the HarmonyOS, Huawei also announced its IoT Strategy (1+8+N), which is essentially leveraging Huawei’s strength in mobile phones to penetrate into all sorts of IoT devices. Huawei will provide not only software services (Hilink+LiteOS) but also Wifi-IoT chips for its ecosystem partners.
Close 
We summarize the large technology firms that are active in the IoT space and their offerings and activities as follows.
Close
Esoterica's statements are not an endorsement of any company or a recommendation to buy, sell or hold any security. For full disclosures, click here.
