There's clearly a tremendous amount of interest in the IoT, and much of it is justified. IDC recently predicted worldwide spending on the IoT will reach $1.32 trillion in 2019, representing an impressive 17 percent compound annual growth rate. Other forecasts are equally optimistic. But the IoT must overcome some huge hurdles before it reaches its potential.
A new study from Starhome Mach and Machina Research said mobile network operators should pay more attention to the impact of machine-to-machine (M2M) roaming on their networks as M2M's share of roaming doubled in the last 12 months.
The emergence of the Internet of Things is pitting incumbent mobile network operators and infrastructure vendors against a small army of upstarts hoping to leverage newer, alternative technologies and business models created specifically for M2M and other non-consumer use cases.
Greenwave Systems, a provider of Internet of Things (IoT) software and managed services-- and a developer of Verizon's FiOS Quantum Gateway-- has raised $60 million in new funding from investors.
The global number of cellular machine-to-machine (M2M) subscribers is expected to reach 265.2 million at the end of 2015.
There are a host of ways to make money off of connected cars. The revenue streams will be generated by services including infotainment, navigation, fleet management, remote diagnostics, automatic crash notification, safety enhancements, usage based insurance (UBI), traffic management and-- ultimately-- autonomous driving. Despite that prediction, the term "connected car" remains something of a catch-all, making it hard to determine which companies are actually making money from the market in Europe today, or indeed what exactly a "connected" car actually is.
Du said an extended partnership deal with Vodafone will enable it to beef up the machine-to-machine (M2M) services it offers to businesses throughout the United Arab Emirates (UAE).
Amazon Web Services launched a new platform for the Internet of Things to let customers build applications to connect devices via cloud, stepping into an arena with giants like Microsoft and IBM, which have staked a claim to be premier IoT cloud service providers.
AT&T Mobility CEO Glenn Lurie said he does not think that next year's incentive auction of 600 MHz broadcast TV spectrum can possibly raise $60 billion, as some analysts have speculated it might.
An Ericsson executive said a nascent market for connecting remote medical devices presents a new opportunity for mobile operators, as the company announced a deal with Sweden-based connected medical device producer Brighter.