Luxury Indian Ocean LUXURY MAURITIUS #6 EDITION 2018 | Page 126

TENDANCES Imagine a convenience store with no cashiers, no registers, no checkout lines… You can add items to your own bag and walk out of the store without even pausing to pull out a credit card. Sounds like a sci-fi fantasy or the store of the future, right? The technology inside Amazon Go, which enables a shopping experience like no other, has been coined by the Internet of Things (IoT). In the broadest sense, IoT is a network of connected devices (this includes everything from smartphones to coffee makers to living beings) that “talk” to each other. This connectedness enables the collection, analysis and storage of data, which in turn make data-driven decision making applicable to all realms of human activity. Analysts predict that by 2020, there could be 26 billion connected devices making up the fabric of IoT. Although in its embryonic stage, IoT is starting to have a real impact on how we do things. Time is saved, costs are cut, customer experience is enhanced and waste is reduced. All in all, the technology seemingly adds value to our lives. Why then has IoT not reached its full potential? When will the hype turn into true value creation? I had the chance to speak to Johann Seewoosurrun, Partner at AGILEUM (based in Moka), and Digital transformation 126 and Analytics specialist, who provided answers to these questions. “There are two issues that are delaying a much more connected world,” he says, “adoption and standardisation. In the Mauritian context and with all the talk surrounding Smart Cities, you have to lay the groundwork for IoT. And that starts with education. Education precedes adoption”. Regarding the qualifier “smart” in Smart Cities, Pascal Engeamme, General Manager of AYOTI, an IoT solutions provider based in Black River, explains: “A city will be smart if we keep in mind who it is destined for: the citizen. Mauritius could be a leading exemplar of the Smart City revolution if the end-use of connected devices is safety and happiness”. As of now, one of the biggest hurdles is pricing. Yet, for the cost to be democratised, the industry needs to be standardised. Some of the local industry players have started to invest in new capabilities and embrace digitisation (bear in mind that IoT should be a part of a larger digital transformation occurring within an enterprise), while others are still in the inception phase. In order to fully capture the potential of IoT in Mauritius, we need