[:en]With great technology comes great benefits, and with great power comes great responsibility. Technology has been harnessed extensively over the years to drive efficiency and sustainability to meet the exigencies of a modern society. Smart grid is one of the technologies under the IoT that has efficiently and effectively delivered in the area of energy use. Smart grid is an electric power network that that leverages on ICT to augment the existing network to become an intelligence-based one that is able to provide high-quality electric power service and maximizing efficiency of energy use.
South Korea is one of the first countries to set up a test-bed for smart grids, namely the Jeju Island Pilot Project. The pilot project has performed exceedingly well, and its concept has been exported to various countries. It demonstrated the potential of M2M capabilities and how they can be leveraged to deliver greater energy efficiencies for a smarter utility system. The issue on how complex systemic challenges and limitations can also be addressed.
However, smart grids deliver energy savings not just because of the existence of secure and interoperable technology. They depend heavily on end users and businesses, specifically their level of familiarity with smart grid capabilities and power market models. Levelling up the end users to be in the know of these capabilities can be resource-intensive and a time-consuming process.
Lee Jung-Ho, General Manager of Smart Grid Department at KEPCO, will be delivering a presentation on how the Jeju Pilot Project materialised at the 5th edition of the Asia IoT Business Platform in Jakarta, and will speak on the M2M capabilities that KEPCO implemented for the smart utility grid system pilot project. He will also discuss the challenges faced in implementing a complex project like this, and how KEPCO tackled them with viable solutions.[:]
[:en]The Internet of Things (IoT) might be a very salient term in the tech industry. Connected-things is now a reality following the recent digital revolution. A GSMA report stated that China will be a global leader for M2M technology with more than 50 million connections to penetrate the market; a Mckinsey report estimated the global IoT market to potentially have a worth between $3.9 and $11.1 trillion by 2025. The aforementioned statistics foregrounding IoT as an important economic tool is just a couple among many others.
Despite the great benefits that can be brought about by the technology, IoT is still an obscure technical jargon to the public and enterprises across different verticals. The adoption of IoT especially in Southeast Asia — although rapidly gaining traction — is not attaining the desired impact and potential it is set to achieve.
Take, for instance, Indonesia. When Telkom Indonesia came up with a series of public services projects ranging from electronic services (i.e. e-office, e-kelurahan, e-puskesmas) to a mobile-based digital media that can respond to citizens’ complaints in 2014, a huge question was posed: are Indonesians ready to deal with IoT?
Tony Seno Hartono, the National Technology Officer of Microsoft Indonesia, assured that people in Indonesia are definitely competent in developing IoT-based devices, although most of them have yet to be professionally involved in it. “Not so many people have realized the huge potential of IoT,” he added.
Hence, it is important for players in the IoT ecosystem such as telcos and solution providers to work together with the public sector to raise awareness and educate end users on IoT technology. While the IoT industry can build momentum such as creating interoperability and security standards for connected devices and machines, the government can exercise leadership by partnering with the private sector, support the ecosystem via funds and grants, facilitate innovations by developing soft infrastructure, and many others.
In short, here is what government and partners can do to advance the growth of the IoT industry:
- 1. CREATE: Roll out a national plan to gain confidence among investors in the IoT venture; establish clear security guidelines to ensure public trust in IoT products;
- 2. EDUCATE: Create demand within end users by encouraging usage of IoT in public and private sectors; spur related projects, e.g. smart cities;
- 3. INVEST: Establish R&D funds and provide financial support in terms of loans, subsidiaries and grants; invest in IoT talent and infrastructure.
Southeast Asia’s Internet of Things (IoT) and Machine to Machine (M2M) thought leaders will convene at Jakarta next month for the Asia IoT Business Platform to discuss the opportunities and challenges of IoT and M2M in Indonesia and Southeast Asia. The conference is co-hosted by Indonesia’s three leading telcos: Telkomsel, Indosat, and XL Axiata, with the aim of educating enterprises on the adoption of IoT to grow businesses and drive the market of different sectors.[:]