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Having
spent two foot-weary days
at the Mobile World Congress 2013 in Barcelona, I have come away with 5
conclusions:
- Fixed IT
and the mobile markets, although conceived from different parents: one
data
processing and the other voice calls, have collided, and mobile will win
- The money
and growth (although at less margin) is to be made in the developing
world,
over the next decade
- The
operators need to work out how to monetise data usage, which is growing
exponentially, whilst voice calls are declining rapidly
- The money
in apps is spread amongst 100K’s of developers, whereas there is
concentration
of revenue and profit in organisations that promote app adoption
- There is
little sign of M2M (machine-to-machine) yet, although the predictions
are for
the Internet of Things to drive the number of mobile connected devices
from
about 5 billion now, to 100+ billion within 10 years
However, I will be re-soling my shoes and be back in 2014, because
there is more buzz there, than in most other technology sectors.
The IoT (Internet of Things) and M2M
(Machine to
Machine) communication comprises objects (”things”) that are connected
to the Internet at all times and anywhere, through wired and wireless
networks.
The objects can be passive (such as a
painting or
tree) or active (such as a CO2 sensor or traffic
light). The “things” can be integrated into homes workplaces and public
places and will provide data and/or be controlled remotely.
In this way, any object can be
connected and will “manifest itself” over the Internet.
Furthermore, in IoT, any object can be a data source. This will
transform the way we do business, the running of the public sector and
the day-to-day life of billions of people.
There will be commercial and
physical challenges in establishing global ubiquitous network
connectivity, but the opportunities to assist the human race is
boundless and not yet imagined.
The IoT & M2M
communication market is expected to grow from £30+ billion in 2011 to
£200+ billion by 2017 at an estimated CAGR of 30%.
Get in contact
to see how Camdata can facilitate your business to play a part in these
developments.
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