Piers Hogarth-Scott, KPMG Australia’s National IoT Practice Leader, interviews established and emerging players drawn from the IoT ecosystem, with the aim of engaging, challenging and probing discussion with the true innovators of IoT in Australia.
In this video, Piers Hogarth-Scott speaks with Frank Zeichner, CEO of the IoT Alliance Australia (IoTAA). The IoTAA is the nation’s peak industry body for IoT and was formed to drive the adoption of IoT through the Australian economy and society. With over 250 member organisations, and over 500 individual participants across seven work streams, the IoTAA is helping bring together the public and private sectors to ensure Australia takes full advantage of the economic opportunity presented by IoT.
“The IoTAA is an organisation formed very recently to drive the adoption of IoT through the Australian economy and society. It includes about 250 organisations. We’re growing at 5 percent per month and we have over 500 participants.
We focus on water, electricity, transport, food and ag, and smart cities because we believe those are the ones where Australia has a natural advantage or a natural reason for accelerating our efficiency or our business models.
To capitalise on IoT in Australia we need to do what others are doing well overseas. Which is building collaborative networks, which is building ecosystems within verticals that understand, and also attacking some of the key enablers and inhibitors which is what the IoT Alliance are doing.
So the IoT Alliance has a wide program of work and that includes seven work streams and these ones have been created to actually address the fundamental enablers and inhibitors for accelerating IoT in Australia. They are around collaboration, sectoral engagement, data privacy and sharing, ensuring we have enough spectrum so that we can cost-effectively connect sensors, security and network resilience, supporting our IoT innovation community and investment and finally, platforms and interoperability.
The opportunity for IoT in Australia is frankly huge. Many have said it is over 100 billion within the next ten years. I think it could be bigger and if we focus on the right sectors we could make a tremendous impact not just in Australia, but regionally and globally.”