Benchmarking Australia’s qualitative internet of things (IoT) extensiveness

Okta Nurika

Abstract

Australia as one of the most referred industrial countries in the world is currently going through national scale Industrial Revolution 4.0 (IR4.0) that is driven by Internet of Things (IoT). The technical deployment and business model have been devised in a roadmap, which mainly covers historically successful use cases (industrial solutions) in Australia – hence giving it the globally renown sophisticated reputation with international technology companies making up the IoT business along with local enterprises and start-ups. However, this roadmap has never been assessed and given the importance of Australia as a point of worldwide technological reference, it is crucial to qualitatively benchmark it against a tested standard. In this paper, the roadmap would be measured against the proven Key Performance Indicators (KPIs) specified in enhanced CREATE-IoT standard. The original CREATE-IoT successfully assessed smart cities in European countries, while its enhanced version has plausibly evaluated Malaysia’s national IoT deployment roadmap. The assessment outcome finally discovers that 41 out of 50 (82%) of Australia’s IoT KPIs are of advanced quality. This score reflects the maturity of current Australia’s IoT ecosystem, which is deemed fit for purposes. © 2024 Little Lion Scientific. All rights reserved.

References

D. Baumeister, B. Gimpel, and A. Coffey, “Australia’s IoT Opportunity: Driving Future Growth.” An ACS Report, pp. 1-104, 2018.

F. Zeichner, “Internet of things (IoT) for good – what does that mean for Australia?.” Infrastructure, 2022.

J. Lee, “The internet of things: China’s rise and Australia’s choices.” Lowy Institute, 2021.

P. Harpur, P, “Australia - Internet of Things (IoT) Market.” BuddeComm Research: Telecoms, Mobile and Broadband – Statistics and Analyses, 2019.

N. Nguyen and N. Jayasundara, N, “How IoT, connectivity and edge computing can supercharge regional and rural Australia.” Infrastructure, 2023.

International Data Corporation (IDC), “Worldwide Internet of Things Spending Guide.” IDC Spending Guide, 2019.

TOMORROW CITY, “IOT IN EUROPE IS ESTIMATED TO HIT US$357.6 BILLION IN 2023”, 2022.

i-SCOOP, “European IoT spending 2021: a $202 billion market,” 2020.

Meticulous Research, “Agriculture Equipment Market – Global Opportunity Analysis and Industry Forecast (2022-2029),” 2022.

J. O’Halloran, “Global industry accelerates IoT adoption in response to Covid.” Computer Weekly, 2021.

Mordor Intelligence, “INTERNET OF THINGS (IOT) MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2023 - 2028).” Internet Of Things (IoT) Market, 2023.

M. Chui, M. Collins, and M. Patel, “The Internet of Things: Catching up to an accelerating opportunity.” McKinsey & Company, 2021.

P. Wegner, “Global IoT spending to grow 24% in 2021, led by investments in IoT software and IoT security.” IOT ANALYTICS, 2021.

B. Jovanovic, “Internet of Things statistics for 2023 - Taking Things Apart.” DataProt, 2023.

C. Petrov, “49 Stunning Internet of Things Statistics 2023 [The Rise of IoT]”. Techjury, 2023.

A. Mitra and A. Seetharaman, “Quantitative Analysis of Factors influencing Adoption of Internet of Things in Australian Manufacturing Industries.” In 3rd International Conference on Electrical, Computer, Communications and Mechatronics Engineering (ICECCME), pp. 1-5, 2023 doi:10.1109/ICECCME57830.2023.10252640.

K. M. Zobair, L. Houghton, D. Tjondronegoro, L. Sanzogni, M. Z. Islam, T. Sarker, and M. J. Islam, “Systematic Review of Internet of Medical Things for Cardiovascular Disease Prevention among Australian First Nations.” Heliyon, vol. 9, issue 11, 2023, e22420.

O. Nurika, L. T. Jung, “Enhanced European Internet of Things (IoT) Platform Assessment Key Performance Indicators (KPIs),” In Future Access Enablers for Ubiquitous and Intelligent Infrastructures. Part of the Lecture Notes of the Institute for Computer Sciences, Social Informatics and Telecommunications Engineering book series (LNICST), vol. 382, 2021, Springer.

G. Micheletti, A. Siviero, O. Vermesan, R. Bahr, J. Valiño, J. Gato, L. M. Girao, I. Ingardi, B. Rowan, A. Stratford, “Common methodology and KPIs for design, testing and validation.” In CROSS FERTILISATION THROUGH ALIGNMENT, SYNCHRONISATION AND EXCHANGES FOR IoT, pp. 1-49, 2017.