Samsung ARTIK Cloud aims to help monetise and create an IoT data economy

A new data monetisation solution announced by Samsung Electronics aims to allow users to share data by IoT devices and enable an ‘IoT data economy’.

Called the ‘Samsung ARTIK Cloud Monetization’, the solution allows device manufacturers and service providers to tap into an open ecosystem and create services plans that generate revenue directly from the interactions of devices and services.

This new data monetisation model allows device manufacturers take advantage of the Samsung ARTIK Cloud’s extensive interoperability features to generate new revenue streams and implement new business models, such as hardware as a service. IoT shifts device manufacturers’ operating model from selling hardware to selling hardware products connected to digital applications.

At present, the device makers have to face trouble while recovering data costs associated with free applications and supporting an ecosystem of third-party devices, apps and services. They have to either bear the data costs of operating devices in the field, or factor in anticipated data costs to the retail price of devices. This is where ARTIK plays an important role by providing a complete brokering, metering and payments system.

The solution gives device manufacturers an easy way to make their devices interoperable with third-party devices and applications, and monetise data usage. Moreover, they have the flexibility to define service plans that meet their business needs.

Earlier this month, IHS Markit reported Samsung outnumbering other players in the semiconductor market in second quarter of 2017, by generating revenues of $ 15.5 billion. But on the contrary, it said that the rapid growth in revenues by the company is more a reflection on market supply-and-demand issues rather than a successful long-term strategic plan by either company.        

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Samsung Electronics Launches New Data Monetization Solution for IoT using Samsung ARTIK™ Cloud

Samsung Electronics Launches New Data Monetization Solution for IoT using Samsung ARTIK™ Cloud

New service unlocks revenue opportunities from interoperable devices and applications to enable an IoT data economy.

Samsung Electronics Co. Ltd. today announced Samsung ARTIK™ Cloud Monetization for the Internet of Things (IoT), a new service to monetize the data shared by IoT devices and enable an IoT data economy.

For the first time, device manufacturers and service providers can tap into an open ecosystem and create service plans that generate revenue directly from the interactions of devices and services. With this unique data monetization model, device manufacturers can take advantage of Samsung ARTIK™ Cloud’s extensive interoperability features to generate new revenue streams and implement new business models, such as hardware as a service.

For device manufacturers, IoT shifts their operating model from selling hardware to selling hardware products connected to digital applications. Today, device manufacturers often have trouble recouping data costs associated with free applications and supporting an ecosystem of third-party devices, apps and services. Manufacturers have to either absorb the data costs of operating devices in the field, or factor in anticipated data costs to the retail price of devices.

Samsung ARTIK™ Cloud Monetization addresses this problem by providing a complete brokering, metering and payments system. It gives device manufacturers an easy way to make their devices interoperable with third-party devices and applications, and monetize data useage. With the Samsung ARTIK™ Cloud developer portal, device manufacturers have the flexibility to define service plans that meet their business needs. Samsung ARTIK™ Cloud brokers and meters user interactions against the defined plan, and manages upgrades, payments and revenue share back to the device OEM.

“Samsung is committed to growing the IoT data economy,” said James Stansberry, senior vice president and global head of ARTIK at Samsung Electronics. “Samsung ARTIK™ Cloud Monetization uniquely positions us to help device manufacturers find new ways to make money from IoT and enable more applications for their customers. This is part of our long-term strategy to facilitate the development of secure IoT products and services, promote wide-scale interoperability, and create a platform and business model for an entire IoT ecosystem to thrive. Like the mobile phone industry, IoT will be driven by open systems, interoperability and support from innovative applications.”

“Samsung ARTIK™ is leading the way in helping device manufacturers easily make their devices interoperable with third-party devices and applications, as well as be able to monetize data use, and we are excited to be part of the journey,” said Pete Horton, vice president of market development at Legrand. “The new data broker model helps Legrand focus on our core competency of building market leading devices, while also allowing us to benefit from Samsung’s open ecosystem of third-party apps and services. It’s the missing piece to the IoT puzzle.”

“We’re excited to partner with Samsung ARTIK™ on the new monetization model,” said Stefan Grosjean, founder and CEO of Smappee, provider of smart energy solutions. “Increasing the reach of devices while also providing a path to monetization is key to the successful evolution of IoT.”

“The problem with IoT is that many hardware companies are selling products without a clear view on sustainable business models. There’s a lot of pressure now to monetize data,” said Dilip Sarangan, global research director, IoT & digital transformation at Frost & Sullivan.

“Samsung ARTIK™ Cloud Monetization is out front in addressing a crucial need in the market. It can help hardware developers monetize solutions without necessarily putting in all the effort themselves. This is a huge value proposition, especially on the consumer side, which has an untapped potential, but also on the enterprise side.”

The post Samsung Electronics Launches New Data Monetization Solution for IoT using Samsung ARTIK™ Cloud appeared first on IoT Business News.

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Samsung unveils ARTIK 053 IoT module

Samsung announced at the IoT World 2017 that it has added a new product called Samsung ARTIK 053 to its ARTIK 0 family of IoT modules. ARTIK 053 is a Wi-Fi based IoT module with built-in hardware security for single-function “things” such as wearables, lights, and high-end TVs.

Samsung ARTIK 053

It can be used to Internet-enable devices and applications in HVAC, lighting, industrial sensors, door locks, and personal health monitoring gear. Previously, the ARTIK 0 family’s product lines, ARTIK 020 and 030 did not have Wi-Fi connectivity. The 020 line only supports Bluetooth connectivity whereas 030 could connect through ZigBee and Thread.

So, here comes a new ARTIK module which is Wi-Fi enabled. But, let’s rewind to Feb 2017 when the company announced that it has discontinued production of ARTIK 1020, Samsung’s so-called ‘world’s highest performance IoT modules’ priced at $ 149. It also asked customers to buy ARTIK 710 instead of ARTIK 1020 for new development of IoT products.

Artik 1020

Now, the company chose to add a new product to its smaller board family with lower power processors. The discontinued product competed with Raspberry Pi 3 offering better graphics and connectivity than Pi 3, but, never stood up to Raspberry Pi’s 64-bit ARM processor (ARTIK 1020 had 32-bit RISC processor).

Back to the ARTIK 053, it runs Tizen RT (real-time), the Linux-based operating system for IoT devices that Samsung unveiled at the Tizen Developer Conference 2017.


Postscapes: Tracking the Internet of Things

Samsung’s Artik promises interoperable, secure IoT solutions

Polar bear walking on sea ice in the Arctic

Samsung has unveiled its new Samsung Artik Smart IoT platform products with the goal in mind of giving IoT-innovating companies the tools they need to jump into the IoT market. Not only does Samsung boast this product line’s ability to give IoT solutions better communication between one-another, but it features end-to-end security enhancements.

Unveiled at the IoT World 2017 conference, this end-to-end IoT platform includes everything a company needs to develop its technology, collect and manage data, and to go to market with their products.

Chillin’ in the Artik

On the hardware end of Samsung’s Artik platform are the Artik modules. Wi-Fi based IoT modules with built-in hardware security enable product developers to rapidly prototype their ideas and connect their products directly to Samsung’s Artik Cloud.

See also: Samsung sunny toward the cloud with new Artik

These modules include the brand new Artik 053, a tiny module a little larger than a quarter and shaped like a stick of gum. It features a 32-bit ARM Cortex R4 running at 320MHz for applications, 29 dedicated GPIO ports, and a robust on-board security subsystem.

It is fully Wi-Fi compatible and small enough to fit in even the smallest single-function IoT device. Also available are the even smaller Artik 020 and 030 modules, as well as the series 5, 7, and 10 module family for larger and more robust IoT applications.

These modules are useful, but for any good IoT solution to really integrate with the larger web, a solid cloud solution is required. Enter Samsung’s Artik Cloud, an open data exchange platform for the Internet of Things.

With Artik Cloud, you can connect your IoT devices with other devices linked to the Artik Cloud. For example, your new prototype widget can work with Amazon Echo or Philips Hue lights.

Artik Cloud has recently been updated to add fast device onboarding, edge node management, secure over the air (OTA) updates, integration with Amazon AWS Kinesis Stream, new cloud connectors including Google Assistant on Google Home and Amazon Alexa Smart Home Skill.

A better platform

ummarySamsung wants to have a big influence on the growing IoT market. By encouraging new product developers to build their products in Samsung’s platform, it will be able to better position not only itself in the growing IoT market but to create a diverse and wide-reaching IoT network its own products can work more easily with.

By concentrating its efforts on creating a more secure all-in-one platform for rapid development, prototyping, and even finding the right partners for prototyping and manufacturing, this offering by Samsung is becoming an increasingly appealing option for these businesses.

“We believe security and interoperability are critical to enabling next-gen IoT products that can connect to, and work with, many different devices and services,” said James Stansberry, senior vice president and head of the platform in the US for Samsung Electronics.

The post Samsung’s Artik promises interoperable, secure IoT solutions appeared first on ReadWrite.

ReadWrite

Samsung integrates Cypress’ wireless connectivity solution with its ARTIK IoT platform

Samsung Electronics has selected Cypress Semiconductor’s Wi-Fi system-on-chip (SoC) connectivity solution for its ARTIK Internet of Things (IoT) platform, the company has announced.

Cypress’ low-power SoC, CYW43907 802.11n to give its full name, is now in production in Samsung’s ARTIK 050 module providing secure IoT connectivity for products across vertical markets, including smart home, smart lighting, smart building, manufacturing, and health and wellness. The Samsung ARTIK 050 module is an end-to-end, integrated IoT Platform that transforms the process of developing, launching and managing connected products.

The Cypress CYW43907 SoC integrates dual-band IEEE 802.11b/g/n Wi-Fi with a 320-MHz ARM Cortex-R4 RISC processor and 2 MB of SRAM to run applications and manage IoT protocols. The SoC’s power management unit simplifies power topologies and optimising energy consumption. The CYW43907 solution is supported on Cypress’ Wireless Internet Connectivity for Embedded Devices (WICED) Software Development Kit (SDK), which provides code examples, tools and development support.

According to James Stansberry, senior vice president of IoT Business Team at Samsung Strategy and Innovation Center (SSIC), the Cypress CYW43907 SoC’s dual-band 802.11n connectivity and processing capabilities provide the ARTIK 050 modules with excellent performance and power consumption, which helps the company to enable a strong end-user experience for its customers’ products.

Michael Hogan, vice president of the IoT business unit at Cypress, said: “Cypress has built a leadership position in IoT connectivity by partnering with our top-tier customers and suppliers to quickly turn winning ideas into the connected products the market is looking for. Samsung’s ARTIK IoT platform brings drop-in, secure Cloud applications to a wide array of smart home appliances and industrial electronics applications, making it an excellent showcase for our robust Wi-Fi solutions.”

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