IoT Virtual Control
As IoT networks and systems evolve, Mind Commerce sees a role for virtual control of real-objects, vice versa, and also virtual to virtual control. As part of the model envisioned, virtual objects (software programs) function as an abstract of real-world things (Smart Objects in the physic environment). Virtual objects are associated with real objects to the extent that the latter may be manipulated, controlled, etc.
This is often referred to in the industry as "Digital Twinning" for the concept of a Digital Twin of something in the virtual world that matches something in the real world.
Three scenarios discussed in Mind Commerce research include IoT Virtual-to-Real (V2R), IoT Real-to-Virtual (R2V), and IoT Virtual-to-Virtual (V2V). Each of these scenarios has substantial implications for future of consumer, enterprise, and industrial products and services.
One of the clear market benefits of this type of framework is to extend IoT APIs (as part of an IoT Development Ecosystem) to attract IoT companies, application companies, and individual IoT app/service developers. Mind Commerce sees developers using APIs to both establish/support IoT apps and services as well as a means of employing virtual control of Smart Objects in the Real World.