The Internet of Things industry started to guard against market risks

The 12th Five-Year Development Plan for the Internet of Things was formally released recently. "Planning" clearly stated that by 2015, China will achieve remarkable results in the areas of core technology R&D and industrialization, research and formulation of key standards, establishment and improvement of industrial chains, demonstration of major applications, and promotion, and initially form an innovation drive and application traction. , collaborative development, safe and controllable development of the Internet of Things.

The promulgation and implementation of the Twelfth Five-Year Plan of the Internet of Things has pointed out the direction of development for the emerging Internet of Things industry that has been warming up in recent years and is expected to breed a trillion-dollar market. At the same time, experts reminded that the domestic Internet of Things industry is still at an early stage, and the industry is facing bottlenecks such as lack of standards and unclear business models. Therefore, it still needs to be rational when investing to prevent blind speculation and market risks behind it.

Internet of Things highlights "Money King"

According to the plan, during the 12th Five-Year Plan period, China will conquer a number of key core technologies for the Internet of Things, and obtain more than 500 important research results in the fields of sensing, transmission, processing, and application technologies; study and formulate more than 200 national and industry standards; and promote construction. A number of innovative carriers such as demonstration companies, key laboratories and engineering centers lay the foundation for the formation of sustainable innovation capabilities.

In the next few years, a more comprehensive industry chain for the Internet of Things will also be formed, and 10 industrial agglomerations and more than 100 key enterprises will be nurtured and developed, initially forming a comprehensive Internet of Things (IoT) industry system with complete categories, reasonable layout, and optimized structure. In addition, it is necessary to complete a number of application demonstration projects in nine key areas and strive to achieve large-scale applications.

In the view of the industry, with the introduction of the Twelfth Five-Year Plan of the Internet of Things, policy support will promote the vigorous development of the Internet of Things and related industries in the coming years.

"Planning" is expected to speed up the application of IoT as the first "Five-Year Plan" for Internet of Things released and implemented in China. The Ministry of Industry and Information Technology pointed out in planning that it will vigorously overcome the core technology, speed up the construction of a standards system, coordinate the promotion of industrial development, and focus on nurturing key enterprises. We will actively develop application demonstrations, rationally plan regional arrangements, strengthen information security guarantees, and improve public service capabilities.

In order to achieve large-scale applications, the competent authorities will also conduct application demonstration projects in key areas. These key areas are smart industry, smart agriculture, smart logistics, intelligent transportation, smart grid, smart environmental protection, smart security, smart medical, and smart home.

Analyst Yan Xiaojia of Analysys thinks that as a pioneer in the development of the Internet of Things, Vehicular Networks will strengthen the links between dynamic traffic information, automobiles, and vehicle terminals and other industrial chain links, focusing on the intelligent development of on-board systems and road infrastructure construction. Attract more non-traditional companies into the company.

It is understood that there are more than 300 companies in Shanghai currently involved in the Internet of Things, providing strong information support for urban traffic and safe operation.

According to experts, since the Internet of Things may actually enter the resident market of millions of households, it may take a long time, and its application must start from the industry or the enterprise.

Beware of topical hype According to experts, the Internet of Things has become a hot spot for investment in the country over the past two years. According to the "2011 China Internet of Things Industry Climate and Entrepreneur Confidence Index Report" released by Beijing Guomai Internet Information Consultant Co., Ltd., the number of Internet of Things projects in China increased significantly in 2011. Most entrepreneurs in the industry have high investment enthusiasm and are optimistic about the Internet of Things. Prospects.

However, at the same time, it should not be overlooked that the current China Internet of Things industry is still in its infancy and faces many challenges. At present, the core technologies and high-end products of China's Internet of Things have a large gap with foreign countries. The high-end integrated integration service capability is not strong, leading backbone enterprises are not available, the application level is low, and there are few large-scale applications, and there are hidden dangers in information security.

According to Xiangbin Bin, Senior Research Manager of IDC China Telecom Research Department, the major bottlenecks in the application of domestic Internet of Things include: lack of standards, unclear business models, unclear and fragmented user needs, and the need to integrate upstream and downstream resources in the industrial chain. .

"The Internet of Things is an emerging industry. The current major driving force comes from policy-driven rather than market demand, and market acceptance is still unknown. Investors should pay attention to policy risks. In addition, the establishment and improvement of standards will take a long time. Before the standard is basically perfected, there may be a situation of disorderly competition.” Xu Weifei, an analyst at Shanghai Tuoba Research Institute, told reporters.

To this end, experts reminded that since China's Internet of Things technology, markets, and products are still in their infancy, the current timing of investment in the Internet of Things is still inconclusive. Therefore, market risks are also large and investors need to be cautious.