M2M 2011: Opportunities and Challenges with Connected Devices07 Oct 2011 • by Natalie Aster
M2M will allow operators to expand their portfolio of offerings and therefore create new value added services and revenue streams in an increasingly saturated market place. M2M has potential applications in virtually limitless number of industries, with successful current uses documented in the report “M2M 2011: Opportunities and Challenges with Connected Devices” by Visiongain, in the automotive, e-health and energy sectors. The report proposes business models for successful adoption of M2M by operators.
M2M 2011: Opportunities and Challenges with Connected Devices
Published: August 2011
Price: US$ 2,461.00
Report Sample Abstract
Smart Services for M2M
Smart Services are defined as post-sales product support, enabled by wirelessly capturing and analysing real-time performance information, and usually delivered by manufacturers or service providers to the owners or operators of the equipment. OEMs deploy these solutions across the board, so that support can be given to the installed bases of assets at various global locations.
% of Margin Contributions from Services
M2M in the Future
Many wireless service providers have partnered with service delivery platform providers in order to facilitate a network that is more accessible to M2M applications. The future of M2M lies in cloud platforms, intelligent devices and systems that seamlessly integrate with one another thereby unlocking the full potential of smart, connected devices. Uninformed human activity in customer support will be replaced by embedded intelligence in devices and smart systems. The complexities of disparate networks, devices and hardware will be removed thus reducing time to market and overall costs and risks for custom application development. All of this will be done with enterprise solutions engineered for deployment on the world’s leading wireless networks.
Much of the technology around us is ‘system aware’. For example a car with an engine problem will have a flashing indicator light to alert the driver. Microprocessors already part of the car will transmit information to a mechanic about the specific nature of the problem. Light sensors that turn themselves on and off, notifications of utility problems on mobile phones, remote control system management tools all share one common attribute: embedded intelligence and systems awareness. M2M technology means that everyday objects can communicate with, and control, other objects over networks—without the need for human intervention; this technology is applicable to numerous industries and equipment such as:
- Manufacturing equipment;
- Farming equipment;
- Appliances; and
The right service can use M2M to know exactly when and why they will fail, and then alert the appropriate service organisation before the failure occurs—or depending on the application fix themselves.
More information can be found in the report “M2M 2011: Opportunities and Challenges with Connected Devices” by Visiongain.
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