The Communications Alliance is set to launch an Internet of Things (IoT) think tank in Australia.
The communications industry body, which is made up of Australia’s major service providers and global communications vendors, said the growth trajectory of IoT and its potentially pervasive influence means parts of Australia’s telecommunications regulatory framework may be rapidly overwhelmed or inhibit the national ability to reap the benefits of the changed environment.
According to a statement, the body will consist of industry experts and will examine enablers and inhibitors from business, technology and regulation.
Communications Alliance chief executive, John Stanton, said the rapid emergence of IoT represents a significant opportunity and a very real threat to the Australian telco industry.
“The proliferation and business relevance of the ‘Internet of Things’ and communications services based on the capabilities that a connected environment engenders, are growing rapidly worldwide," he said.
“IoT is the next massive disruptor in the global communications environment and today we stand at the base of a growth curve that will steepen dramatically over the next 10 years.”
The organisation has not yet revealed the makeup of the think tank.
It said the objective of the project is to have an activated IoT industry community by mid-2016. This will include a future strategy and vision that is understood and supported by industry and government.