Simulation is critical across industries like finance, engineering, the military, and more. IoT simulation is just as critical.
It’s important to remember that IoT is simultaneously driven by software and hardware (but wait, how does an IoT system actually work?). Both are equally important and rely on each other to function — yet hardware usually takes substantially longer to develop and produce than software.
Because hardware takes longer to develop, companies are forced to wait until the hardware is completed to begin truly testing their entire IoT solution. As you can imagine, this leads to slower time to market, suboptimal user experience, and more costly endeavors. It’s no secret that changes to hardware take more time and money than changes to software, so the use of simulation in IoT provides a way for companies to save tons of time, money, and headache.
Imagine if we could simulate the hardware of an IoT solution while it’s still being developed (or even before development has started) to enable companies to test as if the hardware actually existed. Keep in mind, the hardware wouldn’t actually exist — nothing would be physically connected to the software — but the tasks that the hardware performs (i.e. measure, collect, and transfer data) would be simulated and the software wouldn’t know any different.
Simulation/forecasting/etc already play major roles across a multitude of industries. Why do they do it?
The value of simulation has been proven time and again across numerous industries, but it’s only just being adopted in the relatively new space of IoT. As with most new concepts, the majority of people will need to see the value before they will adopt. But it may be those early adopters and innovators who end up getting the most benefit because the window for market share is closing quickly due to the rapid growth of the Internet of Things industry.