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By Karl Smith, Consulting Director, Paradigm Interactions
This article is by Featured Blogger Karl Smith from his LinkedIn page. Republished with the author’s permission.
Products and services associated with the IoT currently operate in closed ecosystems like Home Automation. In effect, they are simply networked products with linking software, part machine to machine (M2M) and part human to machine or machine to human (H2M setup and observation and M2H alerts).
The IoT is an open ecosystem, made up of billions of product, services and people ecosystems.
While many people will associate an ontology with a website, software or information system, the key factor in IoT products or services is
- Information uniqueness
- Information parity
- Information exchange policies
IoT products and services also require
- Governance frameworks
- Security frameworks
- Privacy/data storage frameworks
An ontology is a formal naming and definition of the types, properties, and interrelationships of the entities that really or fundamentally exist for a particular domain.
In order to digitize products and services for the IoT an open network, they are required to fit into several types of ontologies, including
- Global ontologies
- Domain ontologies
- Geographic ontologies
Originally published on LinkedIn