Machine to machine (M2M) service provision is changing at a rapid pace. The days of communication service providers (CSPs) being satisfied with offering vertical solutions in a single area are fading quickly. A recent Bain report on trends in the IoT industry indicates that enterprises are blaming IoT vendors for not helping them to integrate IoT solutions into their businesses. CSPs, therefore, need to strategize to be in position to help their customers. One way to give the needed help is to offer bundled services across various verticals/enterprises to cater to the unique needs of the users in the Internet of Things (IoT). How can a BSS/OSS partner help your company to adapt to the unique needs of the IoT industry?Continue reading
There are many things that make IoT special. It connects a device to another, allows control of the device from a remote location and has the ability to make life simpler for all of us. Considering what it can do, IoT Services Company and enterprises have started treating it as a phenomenon that will bring about a digital transformation. However, such is the nature of IoT that its employment alone is not sufficient for bringing about a change. Just like the beauty of a thing lies in the eyes of the beholder, the value of IoT lies in the way a business intends to use it. For all the IoT business solution and devices we have, they will be worth nothing if the business employing them is not using them innovatively.