Telenor’s IoT Chief Foresees Resurgence in Innovation, Expects a Surge in the IoT Market

When the internet of things was introduced as a concept 15 years ago, the market was flooded with products and predictions. After creativity reached a plateau, Niklas Agerhem, the head of Telenor's IoT division, IoT Complete, envisions a future where innovation once again dominates the IoT market.

Niklas Agerhem.
Peter Hellgren, vd på Consid och host för Digitala influencer-podden, tillsammans med Niklas Agerhem, IoT Complete.

– It increased quite substantially in the beginning, then it had a period of a plateau. But in recent years, we’ve noticed a significant increase. There’s momentum, and customers are rapidly increasing their deployment, Niklas Agerhem said in the latest episode of Consid’s Digital Influencer Podcast.

The connected home revolutionized both the technology and appliance markets in the mid-2000s. After a significant technological leap, there is often a certain recession where obstacles arise, including legislative challenges.

– Sometimes it’s challenging to see where you are, but we are right in the midst of such a powerful revolution and increase. We’ve had GDPR, regulations, and things like that to navigate through, and it’s a somewhat turbulent environment. We’ve also gone through a component situation – or we are actually still in it – and security will be an important issue, says Niklas Agerhem.

He is involved in driving Telenor’s IoT initiatives and services through Complete and Connect. Instead of developing their own IoT products, the companies assist others in connecting their devices to mobile networks worldwide.

– With IoT Complete, we provide a broader service and take greater responsibility for sending data from your product, which you may have as an industrial manufacturer, to a cloud service. You can focus on the core part, Nikals explains, highlighting the differences between the companies.

– We see many companies where, at the moment, they may not want to invest in the software development and hardware development required. In that case, you can get started with IoT Complete quickly – within a few weeks instead of starting a heavy technology project.

The coming years are indeed interesting for IoT. By 2025, Telia expects 99 percent of Sweden to have 5G networks. Niklas Agerhem likens it to a highway.

– We have cars on the highway, and if there are more and more cars, you have to build a wider highway. 5G will be a broader highway for IoT.

Another factor is sustainability. Being able to connect products remotely will, in turn, reduce travel. Speaking of travel, it’s the industry where Agerhem sees the greatest potential and development right now.

– The automotive industry has been leading, and it will continue; there are different legal requirements that drive it. Also, historically, the connection of all electricity meters has been such a driving force, but now it’s a lot of the general industrial companies that are on a strong upward trajectory.

The Digital Influencer Podcast is released on Thursdays and is available wherever podcasts are found.

Mand og dame arbejder hos Consid på deres PC.

Data & insights

Become data-driven and leverage valuable insights to future-proof your business and stay ahead of the competition. We’re here to guide you.
Read more about this
A beige painted laptop on a beige background.

Information & Cyber Security

Simplifying and securing information for our customers. Gain full control of your most important asset - your information. Services within Information & Cyber Security.
Read more about this
A lightbulb in the foreground in front of a laptop in the background, both painted in beige, white and pink nuances.

Internet of Things

Enable unsurpassed closeness between people and devices and explore endless possibilities through IoT. Explore opportunities with connecting things to the internet, through Internet of Things (IoT).
Read more about this

Want to know more?

Send us a message and we'll get back to you.

0 / 255
Privacy Policy

See more news