The Internet of Things (IoT) is something of an enigma. For many in telecoms, it is something happening to other industries: In reality, it has the potential to radically transform the telecom world.
Unfortunately, few operators have yet determined what it is or what they want to do about it. The machine-to-machine (M2M) market has been around for many years, with applications and systems that tended to be closed and proprietary. The IoT connects many of these closed systems through the cloud, to not only an exploding universe of connected devices and sensors, but also to users of connected devices.
Author: Steve Bell