IoT is a massive technology with a really vast scope. The amount of IoT transactions that take place every day can leave even the best of entrepreneurs confused. To deliver IoT services effectively, you need to expand in multiple verticals and develop several core competencies. Telecom operators with never-ending financial resources can tackle IoT by establishing different departments, datacenters, charging platforms and connectivity resources. But for MVNOs, the challenge can be mind-numbing if not for pre-established services, partnerships and a collective IoT platform that is ready to be used.
Expanding Vertically and Horizontally to Meet IoT Challenge
Both vertical and horizontal scaling is essential in a challenge as big as IoT. Vertical scalability means improving the processing power of charging and rating platforms that are used for calculating millions and millions of IoT transactions. On the other hand, horizontal scalability means adding new functionalities and technologies to cope up with ever-growing IoT technology.
Some core requirements of IoT services delivery platform are:
Security
Security is definitely on the top of the list in 2021. IoT is a technology that requires several ungoverned sensors and devices to interact with each other over an Internet connection. These devices are constantly exchanging data with a centralized cloud server and triggering actions depending on a pre-defined logic or AI. As IoT devices are not controlled by humans (which is the major USP of IoT), it is relatively easier for a hacker to break into the system. Due to this reason, one needs to bolster the security with enhanced encryption. The best IoT services provider take all the necessary measures to improve security. For example, Secure IoT Services provides a unique public IP for every new connection.
Versatile connectivity solutions for low-cost business functions
As IoT becomes a mainstream technology, entrepreneurs using IoT are looking for suitable alternatives that meet the exact requirements of their business. Costing has become a major area of concern. With technologies like LoRA and SigFox, you can offer quality services at reduced prices for businesses that do not need faster speeds. Bluetooth, Enhanced Bluetooth, RFID and NFIC can be used in brick-and-mortar retail stores for cheaper network connectivity and high efficiency. A top IoT connectivity provider not only provides premium connectivity options but also cheaper options to improve business returns.
As an MVNO, if you do not have the necessary resources to tackle the vast scope of IoT, then it is ideal to use the proven services of a competent IoT services provider such as Secure IoT Services.