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Co-founder of Onomondo Michael Karlsen and freshly appointed CEO Rasmus Jensen discussed the difficulties and direction IoT projects would take.
“IoT is still not one of these kind of seamless ecosystems that sort of integrate well between the several technological elements,” Karlsen said.
Headshot of Michael Karlsen, co-founder of Onomondo, IoT connection stack supplier.
Karlsen underlined the need of including hardware, connectivity, and cloud into the three pillars of an IoT solution. Aiming beyond conventional connectivity to become a “technology play to make these borders or barriers go away,” Onomondo seeks to close the gaps between these pillars.
This method aims to solve the problem of compartmentalized solutions whereby connectedness is sometimes neglected. Onomondo supports “intelligent connectivity” to deftly combine these components.
When considering the initial excitement about IoT, Karlsen pointed out the difference between early forecasts and reality. “The conventional wisdom held that this was meant to be 20 billion devices by 2020. Whatever happened?
Karlsen blamed this in part on the change from consumer-oriented IoT devices like smart fridges to “behind the scenes industrial digitization.” Furthermore noted by him is the fact that IoT scalability depends on hardware, unlike that of the internet, which is powered by software. Onomondo seeks to solve this by approaching IoT complexity “more software based.”
Closing the legacy divide and drawing lessons from experience
Integrating IoT into legacy systems presents one of the toughest obstacles there is. Karlsen showed how Onomondo helps close this divide using examples like Carlsberg and Maersk. He discussed the issue future-proofing devices presents as well as the difficulty guaranteeing older technology can connect to current cloud systems.
Onomondo bills itself as the “glue between the hardware,” and the cloud. This helps Onomondo to be a “Google Translate layer” between old and new architectures, therefore enabling the onboarding and simplicity of IoT devices into contemporary cloud solutions. This method also relieves device makers of the “impossible engineering task” of forecasting future cloud needs.
“That sort of tends to create this chasm of either you over-spec your devices to cater to future cloud functionality, or you under-spec them and you either run a risk of security risk, or whatever it might be, or you have to maintain multiple systems for multiple generations of devices,” Karlsen says.
Karlsen found a number of common IoT implementation mistakes, one of them being the attitude of connecting as an afterthought. He underlined that from the start of the design process, connection should be included into the process to maximize its critical and scalable contribution in the solution.
Many businesses are also more seasoned with IoT installations since they have gone through first attempts. This increasing knowledge helps balance too optimistic business models and equip one for the reality of massive physical installations.
Crucially for Onomondo’s approach are IoT alliances and a fresh vision for the city. Karlsen thinks that the success of the business as well as the larger effort to produce a more integrated IoT sector depend on cooperation as “a vital part”.
To coordinate flawless communication between devices, networks, and clouds, Onomondo builds relationships with module builders, cloud suppliers, and MNOs (Mobile Network Operators). Karlsen sees Onomondo as a “orchestrator” allowing any device to interact via any network to any cloud.
Headshot of Onomondo, IoT connectivity stack provider Rasmus Jensen, CEO
The recently appointed CEO of Onomondo, Rasmus Jensen, spoke on his strategies to guarantee ongoing upscaling, expansion, and growth of the company. Acknowledging the company’s bold vision developed by co-founders Michael Karlsen and Henrik Aagaard, he seeks to “move the goalpost” for IoT even farther.
Jensen claims his main focus is on aligning the company’s expansion with its ongoing development. He intends to develop a strong company by means of short-term management and bridging of the long-term strategic goal.
Based on his expertise growing businesses, Jensen says he evaluates potential depending on the size of the whole addressable market, the uniqueness of the technology, and team strength. Though independent of industry natural development, he thinks the IoT business has a huge total addressable market.
Key elements in Jensen’s decision to join and drive the business to unprecedented heights were Onomondo’s distinguishing technology and the willingness of the original team, including Karlsen, to assume new responsibilities.
“Having met multiple scale ups in my experience… finding a founding team that are, in this case, like Michael, ready to sort of not quite stand aside, but adopt a new role and look ahead. Although it’s not easy, Jensen says, there are plenty of possibilities there.
Dealing with security and following new trends
The IoT has not lacked in industry-wide high-profile security and data privacy violations.
Karlsen accepted the security issues that have emerged as well as the maturity path of IoT. He underlined the ” weakest link in the chain,” whereby conventional designs assign hardware security responsibilities.
By actively assuring compliance with cloud security criteria—allowing these requirements to develop free from hardware constraints—Onomondo, for its part seeks to reduce these risks.
Changing the IoT scene are emerging themes include sustainability needs, 5G standalone networks, and edge computing driven by artificial intelligence. Karlsen pointed out, meanwhile, the inclination of the IoT and larger telecoms sector toward the “next big thing.”
He underlined the need of the steady and scalable basis of current cellular and network technologies even while he acknowledged the usefulness of these technologies for particular use cases. To maximize the utility of these new technologies—including edge AI, 5G, and private networks—he argued for active study of their relevance and placement.
By encouraging alliances, bridging technical silos, and giving intelligent connection first priority to propel the sector ahead, Onomondo is concentrating on overcoming the basic obstacles in IoT. Advanced with the fresh leadership of Jensen, the vision set out by the founders of the organization might help to fully realize the full possibilities of the IoT.
