Sunday 25 December 2016
Friday 23 December 2016
M2M and IoT in the next 12 months
How will the next 12 months shape up in the M2M and IoT (Internet of Things) space?
- As M2M and the IoT increase the demands being put on networks, new partnerships will form in 2016 and beyond which will help companies grapple with these demands. These partnerships will be akin to “strange bedfellows.”
- Further, new developments in battery technology are boosting IoT innovation, perhaps even extending battery life for up to 10 years or more. For “set it and forget it”-type devices, this innovation could unlock new possibilities in realms such as the smart home.
Operations to be impacted by M2M and IoT deployments
M2M will move out of the back office
- Previously, machine-to-machine has been used to automate internal business processes. However, companies are evolving their M2M strategies to innovate, drive new customer experiences, and increase revenue through more sophisticated, customer-facing connected products and services.
- In fact, 66% of those already using M2M say their strategy today focuses on external stakeholders, according to the Vodafone M2M Barometer 2015.
- And, as M2M moves outside the IT department and plays a larger role in customer experience and competitive advantage
- more than one-third of businesses will describe their M2M projects as innovation projects, rather than IT projects.
M2M deployments will get more sophisticated –
- Deliver greater ROI Businesses that are more sophisticated in their deployment of the technology, for instance linking M2M with cloud platforms and big data analytics, will see the greatest positive impact in 2016 and beyond.
- While analytics has often been integrated into M2M solutions, it has now gone from a “nice to have” to an essential part of a holistic M2M solution.
- And these types of solutions are leading to significantly greater returns, with 83% of the most sophisticated organizations seeing the significant return, compared to 43% of the least sophisticated businesses. And, 69% of those most sophisticated organizations say M2M has “fundamentally transformed” their businesses.
- Going into 2017, organizations considering M2M will need to take a sophisticated approach – and vendors will be expected to deliver.
IoT will become vital to the customer experience
- Two-way communication is now enabling more sophisticated customer-facing applications.Users are starting to innovate and use M2M to drive superior customer experiences and increase revenue through customer-facing connected products and services.
- In 2015, M2M adoption in the retail sector grew an astounding 88% as retailers and marketers began to realize the value of the “Internet of Things” for customer experience. Previously only used for solutions like smart vending machines.
- Retailers now understand M2M can strengthen the shopping experience through personalization, smarter payment methods, and digital signage – all while streamlining internal operations.
- In the future, we expect the use of M2M and IoT applications for customer experience will go mainstream across industries.
There will be a new focus on connecting the ‘things’ that matter
- With the buzz around IoT, companies have rushed to connect almost everything. However, just because we can connect everything doesn’t mean it makes sound business sense. As the market matures, we’ll begin to see a weeding out of the solutions that don’t serve a true business or societal purpose.
- M2M vendors and service providers will focus on connecting the “things” that really matter like – utilities and smart meters, heart monitors, fleet management and chronic healthcare management solutions.
- Companies are evolving their M2M strategies to innovate, drive new customer experiences, and increase revenue through more sophisticated, customer-facing connected products and services.
Sunday 18 December 2016
Review of the latest technology Machine-to-Machine(M2M)
M2M: A review of the latest technology that is transforming businesses
- Machine-to-machine communication, or M2M, is exactly as it sounds: two machines“communicating,”r exchanging data, without human interfacing or interaction. As businesses have realized the value of M2M, it has taken on a new name: the Internet of Things (IoT)
- IoT and M2M have similar promises: to fundamentally change the way the world operates. Just like IoT, M2M allows virtually any sensor to communicate, which opens up the possibility of systems monitoring themselves and automatically responding to changes in the environment, with a much-reduced need for human involvement.
- M2M and IoT are almost synonymous—the exception is IoT (the newer term) typically refers to wireless communications, whereas M2M can refer to any two machines—wired or wireless— communicating with one another.
M2M technology is transforming businesses
· Machine-to-Machine (M2M) communications allow businesses to transfer data from one device to another. This complex technology has taken the business world by storm, helping companies to improve operational and management efficiency across the board.
· While M2M is still in its infancy, the expanding industry is already having an impact across a variety of sectors that are investing heavily in this technology, including transportation, industrial production, healthcare, automotive manufacturing and government.
· As the popularity of this technology continues to soar within the business community, more companies are deploying M2M communications to help boost their employees’ productivity and efficiency during their daily activities
Several industries to reap benefits from M2M technology
· In today’s connected world, nearly all industries can benefit from M2M technology - from large global manufacturers who want to track the status of their products, to construction, engineering and agriculture sectors that use M2M devices to monitor expensive equipment.
· M2M is making an immediate impact in various vertical industries today. For example, shipment companies are using this technology to track expensive cargo throughout its journey, such as high-value seafood. In this instance, the containers are fitted with an M2M device to monitor location and temperature - ensuring that the company engineers are able to take immediate action if a refrigeration problem does occur along the route.
· Similarly, expensive machinery such as tractors and cranes are often fitted with M2M devices to track and monitor location, as well as collect data on the performance of the machinery to help the manufacturer eliminate inefficiencies found in the current models when developing new products.
· These tools also offer manufacturers an opportunity to up sell additional services, such as a preventative maintenance service. By collecting data from the inbuilt M2M devices, manufacturers are able to identify any underlying issues in the machine’s performance - this not only diminishes the number of breakdowns but it also means that technicians spend less time diagnosing the problem.
· The automotive sector has also uncovered the benefits associated with M2M communications, resulting in a new generation of wirelessly connected vehicles that are able to carry out activities such as remote engine diagnostics, automatic downloading of system upgrades, and permitting vehicle owners to receive navigation and traffic information.
Why M2M technology has taken years to develop
· To the outside world, the M2M industry is perceived as fragmented and siloed. This is because M2M solutions are specific to each industry; therefore it is extremely difficult to develop a uniform solution to fit all the individuals’ needs of each vertical industry.
· On most occasions, M2M solution providers need to develop a customized solution to fit the requirements of that specific market. This has meant that historically there are high entry costs, in turn discouraging some organizations from deploying M2M solutions.
Already increased demand in M2M technology
· The market has grown exponentially over the last few years, with the GSM Association predicting that global M2M connections will grow from 5 billion in 2014 to 27 billion in 2024.
· AT&T’s M2M business customers have tripled in the past year with 17.23 million connected devices on its network
M2M technology in the next five year
- The next five years will see a sharp increase in M2M revenues. According to global analyst firm, Ovum, the M2M market is set to treble over the next few years with M2M service revenues set to grow to $44.8bn in 2018, from the $13.6bn figure recorded in 2012. By 2019, three key industry verticals will invest heavily in the technology: energy & utilities, healthcare and manufacturing.
- An increasingly large number of enterprises are paying more attention to security as opposed to just ROI and financial figures. There is also a growing demand for big data analysis.
- Organizations want to use this data to enable them to achieve better business results and subsequently, M2M devices are playing a key role in this data mining process.
- More and more organizations are becoming key market participants with various automotive manufacturers. For example, GE is providing M2M solutions for their customers;
Friday 16 December 2016
30 Fastest Growing Microsoft Solution Providers 2016
Thesiliconreview releasing new magazine in Microsoft solutions.Find details about these companies and their services visit 30 Fastest Growing Microsoft Solution Providers 2016
Monday 12 December 2016
Friday 9 December 2016
Latest magazines
The silicon review releasing latest magazines in various technologies and services providers like Mechine2Mechine , Software , BestWorkplaces and Microsoft solutions... Find the success stories of Smart Leaders and their Organizations visit Magazines
Monday 5 December 2016
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