IoT is making devices smarter and our life better. It has huge potential for telecom companies that are looking to increase their revenue in the near future. However, venturing into the IoT domain has its own fair share of challenges. First of all, it requires operators to come out of their comfort zone and operate in different verticals. Also, the amount of data that needs to be accounted for in an IoT business use case is unparalleled. Despite all the challenges, IoT development is still a lucrative venture that needs to be looked at with great optimism.Continue reading
As new technologies disrupt and transform telecom operations, the only constant in the world of telecom is ‘change’. For those that do not ‘change’ according to the changing requirements, the subscribers punish them by leaving their services.
Amongst the many transformations that are beckoning the telecom industry, IoT is definitely the biggest. IoT is a truly revolutionary tech with great potential and amazing forecasts. According to a survey, the number of IoT devices is anticipated to reach over 20 billion by the year 2020. Such a vast growth is expected to generate trillions in revenue for telcos that are teetering due to excessive competition from all fronts and need a respite in any form. But, a move to IoT does have its challenges that need to be addressed by telecom operators both big and small.Continue reading
With the world population increasing at an alarming rate and food grain supply unable to meet the requirements, a bleak future awaits us. As resources get depleted with each passing day, a solution needs to be found sooner rather than later. In this perilous situation and with the population fast approaching 10 billion mark, fast IoT development has emerged as a ray of hope.