The What and Why of The M2M Solutions
Technologist Kevin Ashton coined the term “Internet of Things”—IoT, for short—back in 1999 to describe how a ubiquitous network of sensors connected to the Internet can deliver information about the physical world directly to enterprise systems without human intervention. Like many game-changing concepts, it has taken 15 years for these ideas to build mainstream momentum in the marketplace.
The Internet of Things is a collection of connected devices and services that work together to do something useful. A good IoT product or service—a “smart, connected product”—is so effective that switching to a similar m2m platform that is not connected will at best annoy the user and at worst may not even be feasible. A physical device is IoT-enabled if it takes advantage of low-cost sensors, low-cost computer chips and a wireless connection.
Smart, connected products with these capabilities can fundamentally transform the markets where they are offered. There are already thousands of existing examples of IoT-enabled devices in a wide range of competitive arenas, including m2m solutions, smart home, healthcare, building automation, energy management, manufacturing, chemical processing, insurance and more. Those aimed at the IoT in major industries, specifically, can increase productivity, reduce unplanned downtime and improve product differentiation.
Businesses today are producing more data than ever thanks to the explosion of connected devices, and they will fall behind if they don’t optimize their operations with the insights garnered from their data. Our platform is exactly in line with the promises of IoT, allowing for them to leverage those insights in the office, in the field or on equipment itself. Making this happen takes deep expertise in multiple disciplines, not to mention an entrepreneurial team of telecom m2m platform-makers and thinkers. And with the enormous growth–and huge potential–that IoT has to impact major industries, the most forward-thinking businesses will look to embrace it in order to drive the real business results that data has to offer.