Vodafone (who are one of many partners Caption Data use for M2M communications) published their M2M and IoT predictions for 2016, in an article for IoT Now. Among other things, the article stated:
We took those three points, and compared them to our business; remote monitoring and explored how they relate to our customers and what we do.
Over 25% of businesses globally are engaged with M2M, in one way or another!
The total percentage of businesses who had M2M projects in place in 2015 was 27% according to the M2M Barometer 2015, with a further 37% of organisations saying they have their first M2M projects targeted to go live by 2017. A staggering representation of the value Machine-to-Machine (M2M) communications are delivering within business. Perhaps the population surveyed was skewed by virtue of already being on Vodafone’s data set?
Although Caption Data aren’t working on M2M solutions with 27% of global businesses, it’s easy to appreciate this statistic when you consider the range and depth of applications we alone are involved in. These applications include:
…. And we are only involved in the Industrial IoT and M2M remote monitoring solutions for industries.
M2M and Internet of Things (IoT) projects will in future be less regarded as “IT projects” and more as “business projects”
Throughout our wide range of customer applications, there is always a sound business case for implementation of M2M and IoT Monitoring Solutions. We work with clients to create, assess and “sanity check” the ROI calculations.
For instance, a joint partnership with ATi UK, allowed us to create a constant flow of real time water quality data through Yorkshire Water‘s existing information management system, which has allowed them to know about water quality issues before their customers and reduce water quality complaints.
While back office applications will grow, the really explosive growth will be in customer facing applications
We can confirm the majority of our M2M solutions and Internet of Things applications are to help our clients engage, support and deliver added value to their end customers. A classic example is an Original Equipment Manufacturer [OEM] supplying cooling equipment to a major mobile phone operator to keep their data rooms climatised. They can automate the provision of real time data and alerts to reduce the risks of shutdown and allow them to optimise their energy consumption.
- View the original article, Machine to Machine (M2M) and Internet of Things (IoT) 2016 predictions from Vodafone