5 Unique IOT Business Opportunities in Philippines

August 2, 2018
IOT Business News, Smart Cities

Business Cases, Return on Investment, IOT Networks Selection, IOT project deployments success criteria in Philippines.

The Internet of Things (IoT) is the new Industrial Revolution, that will bring by 2020 more than 80 billion devices to be connected to the Internet. Businesses will be the first to benefit from it, through processes optimizations, the introduction of new services or new business models. Also in the Philippines.

The Internet of Things is still in the starting phase. If the IOT will impact all sectors of the Economy and the Citizen, the IOT projects deployed in 2018 focus on the following sectors:

Discover the top 5 opportunities for the Internet of Things in the Philippines. This white paper contains the methods of calculation of the Return on Investment of IOT projects, the Building Blocks of an IOT solution (sensors, networks, IOT Platform, Integration …), the description of the different networks dedicated to the Internet of Things and best practices for successful IOT deployment.

IOT Networks in the Philippines

The establishment of networks dedicated to IOT is accelerating in the Philippines. TheThingsNetwork (TTN) has entered into a partnership (July-2018) with PacketWorx for the deployment of 4100 Base Stations LORAWAN to cover the Philippine country. While Globe Telecom is in the NB-IOT test phase. And SigFox would consider a deployment too, after Thailand and Malaysia …

The Economy of the Philippines

The Philippines in 2018 is 106 million people, for 300,000 km2. A GDP (annual growth of more than 6%) of 955 Billion USD, or 8,815 USD per capita.

The main economic sectors of the Philippines are:

Agriculture (30% of the population)
Shipbuilding and repair
Automotive
Aerospace
Electronics
Mining and Extraction
Business Process Outsourcing
Tourism

In terms of challenges, the poor quality of its infrastructure is often mentioned, Philippines ranked 91 among 144 countries regarding infrastructure quality.

Mapping IOT Opportunities with Philippines Challenges

When one compares, on the one hand, the opportunities currently developed in the Internet of Things at the global level, with the specificities and challenges of the Philippine economy, it appears that the following sectors are likely to develop with the Internet of Things in the Philippines:

The development of LPWAN (Low Power Wide Area Networks) wireless telecommunications networks. Indeed, networks such as LORAWAN or NB-IOT make it possible to cover large geographical areas, at a limited cost, without requiring a heavy and complex infrastructure.
Smart Industries: Industry 4.0. Automotive, shipbuilding, Mining and extraction in the broad sense, and the network of their subcontractors (metalworking…)
Smart Agriculture (a main business sector)
Smart Cities (Tourism and citizens…)
Smart Building