Latest News

Monday, November 4, 2019

Current situation of deploying IoT in Vietnam



IoT in Vietnam
IoT is something that major technology corporations are particularly interested in and they are still investing billions of dollars here. IoT can be compared to an extremely large and abundant farm, where they can plant and earn profits almost ten times larger than what they spend. Technology enthusiasts, computer experts, and programming engineers are also objects that cannot be ignored in IoT. Simply because what they have access to and practice are the applications, the foundation of the future and that will be the best experience for them.

At present, Vietnam is having a lot of companies focusing on developing smart technology solutions and products with IoT platforms. One noticeable common point in these suppliers is that they focus on home appliances. SmartHome is aimed at customers who are willing to spend money to streamline family activities. These products are well invested in the form to help the house become more luxurious.

It is expected that the future of IoT in Vietnam will take place strongly as more and more businesses have started deploying IoT projects. IoT provides a revenue opportunity for many industries and those solutions start commercializing at a very fast rate. Utilities, transportation, smart buildings, and retail are the leaders in IoT applications. And to be able to deploy IoT successfully and sustainably, four factors need to be considered: software platform, inter-industry ecosystem, standardized technology process and solving customer concerns that related to privacy and safety.

Note for businesses who want to access IoT in Vietnam

Vietnam is entering the 4.0 revolution and IoT is the first key to open that door. Vietnamese businesses will be the leading objects of IoT solutions they realize there are 3 ways that IoT helps them improve their business. The first is that IoT helps reduce operating costs, the second increases productivity and the third is to expand into new markets or develop new products. The author of the best-selling IoT book of the United States has given attention to Vietnamese enterprises when starting to approach IoT to rise in the 4.0 technology revolution.

A recent study of a system group in the United State called "Ready, Steady, Unsure" (Ready, Stable, Not Sure) said that more than half of companies in Vietnam were asked to rate IoT as one of three technology products. The top will impact the digital future of their business. The study also shows that 36% of respondents started using IoT solutions. This is the highest rate in Southeast Asia, on par with Singapore.

However, in the opposite direction, businesses are still afraid to apply this technology for reasons such as weak infrastructure (31%), inadequate staff (20%), and lack of budget. (44%) and uncertain about the benefits and impacts of IoT on businesses (48%).
The benefits of IoT are obvious, but the difficulty is that there are still a number of businesses, organizations, individuals, and governments still not ready to apply IoT in Vietnam. Conferences and discussions on smart cities and smart traffic are increasing but that intelligence has not been applied much in life due to barriers. Firstly, by radio frequency, the state provides civilians more or less "big" companies that are occupying the band and exploit very little. Secondly, the lack of IoT is not necessarily derived from the lack of knowledge about IoT but because of the interests of groups.

Source: https://ifactory.com.vn/thuc-trang-trien-khai-iot-tai-viet-nam/
About usTMA Solutions was established in 1997 to provide quality software outsourcing services to leading companies worldwide. We are one of the largest software outsourcing companies in Vietnam with 2,400 engineers. Our engineering team was selected from a large pool of Vietnam IT resources; they are well-trained and have successfully completed many large and complex projects. Visit us at:https://www.tmasolutions.com/ 

No comments:

Post a Comment

Tags

Recent Post