What is an IoT ecosystem? - Success Knocks | The Business Magazine
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What is an IoT ecosystem?

What is an IoT ecosystem?



n IoT ecosystem is typically made of a combination of systems, software solutions and smart devices. In an IoT ecosystem, all elements need to integrate seamlessly in order to function properly, perform the desired tasks and provide value to users.

Often, multiple companies will work together to create an IoT ecosystem. When each vendor contributes specialized IoT devices and expertise, the result is a robust IoT solution and an optimized smart building experience for occupants.

The idea of an ecosystem comes from biology. In a biological ecosystem, a community of organisms interact with one another and with their physical environment, causing a network of interactions and outcomes. IoT ecosystems are similar: digital components interacting with one another and with their physical environment.


What are the components of an IoT ecosystem?
At its simplest, an IoT ecosystem requires a remote and smart device. The remote, typically a phone or tablet, sends commands for the device to execute. In return, the device sends information back to the remote, which analyzes the data. Many IoT ecosystems are much more robust – the “remote” controls dozens of systems which rely on multiple sensors and power everything from lights to security equipment and more.

Complex IoT ecosystems may include one or more of each of the following elements.

Smart Devices and Sensors
These are the most visible elements of an IoT ecosystem. Igor’s PoE enabled IoT platform can integrate with a variety of products, including sensors, LED lights, security devices, smart thermostats, UV disinfection lighting and more. Even non-PoE devices work with Igor’s agile IoT ecosystem.

The Igor Node is responsible for discovering devices connected to the IoT ecosystem and assigning an IP address so each device can be fully integrated and controllable using the software application. The Igor Node works with devices from any manufacturer and can accommodate non-PoE fixtures.



The Gateway connects applications to Igor’s IoT platform, Nexos, allowing users to layer on additional functionality such as conference room scheduling or asset tracking.


Igor’s IoT software application is where users interact with and control all devices and sensors. Users can also use Igor’s IoT ecosystem software to set up programs and protocols, connecting devices according to predefined plans.


Cloud Analytics
When an IoT ecosystem integrates cloud analytics, users can receive real-time data from any connected device. With actionable insights from Igor’s AI-ready cloud analytics platform, facility managers and owners can efficiently automate and optimize the smart building environment.


User Interface
An IoT ecosystem’s user interface serves as the “remote” for the system and is used to control all connected devices. Igor’s user interface is simple and streamlined, allowing users to easily manage and control all elements of the IoT ecosystem. Within the dashboard, users can also set up schedules and spaces.

When businesses start to use multifaceted IoT ecosystems, they realize the true value of smart buildings. To Igor, an IoT ecosystem means bringing together cutting-edge smart devices and robust software applications. Together, the elements of an IoT ecosystem enable powerful and flexible smart building solutions.


How does an IoT system work?



In an IoT ecosystem, all of the components are fully integrated and interconnected. All devices, nodes and software elements in the ecosystem communicate with each other, transmitting data and information in real time.

In Igor’s PoE-enabled IoT ecosystem, data streams back and forth from software interface to smart devices via Ethernet cable. Because Ethernet cables can carry data and electricity, Igor’s IoT platform is more streamlined and more energy efficient than other IoT solutions.


What is the difference between an IoT platform, IoT solution and IoT application?
IoT Platform typically refers to the software that controls everything in an IoT ecosystem. Nexos is Igor’s IoT platform.
IoT Solution refers to the IoT ecosystem as a whole or the company which provides the architecture and components for an IoT ecosystem.

IoT Applications work within the IoT platform. Igor’s partners create applications that work within the Nexos IoT platform. Examples include conference room scheduling and gunshot detection applications.

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