Machine-to-Machine (M2M) and Internet of Things (IoT) Services and Solutions
Machine-to-Machine (M2M) is the most prominent driving force of the Internet of Things (IoT). M2M communication allows connected devices to collect and share data, which can be monitored by the companies that deploy them around the world. The applications of M2M are already vast and range from wireless payment solutions, allowing business to “back-up” connectivity and continue to be able to process payments even if the internet goes down, to smart metering (or smart grid) applications which allow energy firms to improve their demand planning.
Despite their effectiveness, in the last few years, M2M deployments have faced substantial issues. Most notably, the numbering distribution of GSM/GPRS platforms and their assigned SIM cards is problematic. Numbers are scarce as IPv4 numbering plans reach their limits, and with IPv6 still in its infancy with M2M devices, numbering deployed machines can be difficult. The other major roadblock to M2M deployment is roaming charges, which unless monitored carefully, can spiral out of control for poorly managed devices and hinder any progress of M2M distribution by suffering organizations.
Even when such problems are avoided, the growth of M2M systems has come at a significant cost to organizations choosing to deploy devices with cellular connectivity. Not only do the costs of the rate plans from the different mobile network providers need to be considered, but also the costs associated with the management of devices. This leaves significant opportunity for a number of inefficiencies to arise including fines for overuse of data or, on the opposite end of the scale, overpayment for underuse of data.
It has always been a core capability of Telecom Expense Management (TEM) solutions to track conventional mobile devices and their associated data plans, but now TEM providers have introduced new features aimed specifically at helping organizations to better track and optimize costs across their M2M deployments. The potential savings for organizations, often struggling to manage their deployed devices, are enormous. TEM providers have lot’s to do.
What say you ?
Thanks to MDSL for the post!