Machine-to-machine (M2M) technology, like the typewriter, telephone, photocopier, PC, and smartphone that came before it, will dramatically alter the way we do business.
The M2M revolution is already happening. In the next five years, the number of global M2M connections will reach 530 million, a 162% increase. A big chunk of this incredible growth will be a result of consumers’ growing obsession with smart devices, such as wearables, remote home monitoring systems, and other applications. Enterprises, too, will claim their fair share of connections.
IT executives, CIOs, and software and compliance managers will turn to M2M mobile devices to offer new ways to improve business processes and communications within their company and with their clients and customers.
With their ability to collect and transmit data in real-time along mobile networks, M2M connected machines and applications will enable new levels of service and efficiency that can deliver both top and bottom line growth, create new revenue streams, enable greater control over costs, and accelerate time-to-market.
What’s more, depending on the application of the data collected by connected machines, M2M systems and applications have the ability to deliver intelligence and insights to the business that can produce everyday benefits as well as long-term advancements.
Yet, with all these potential benefits, M2M can just as easily create a complex, cumbersome ecosystem that will be difficult to manage.
This, in turn, can create inefficiencies resulting from a number of challenges:
• Inventorying a significantly larger number of devices
• Resolving break/fix issues,
• Knowing who is assigned to use the devices
• Knowing how much each device is costing the company
This is why many enterprises are partnering with outsourcing vendors who offer managed mobility services that will help monitor mobile devices and systems, measure their performance, keep tabs on health diagnostics, and optimize connection points.
Want to learn more?
Check out this white paper to about managing Machine to Machine devices & services.