In 2014 several organisations are now including M2M-based smarts in many of their consumer products: smart TVs, smart cars, smart fridges, smart homes appliances, home energy management systems, security products and so on.
Machine-to-Machine (M2M) also referred to as ‘Internet of Things’, is going to be a real game-changer. It will transform every single sector of society and the economy and it will be out of this environment that new businesses – and indeed new industries – will be born.
With the development of high-speed broadband and mobile 3G/4G infrastructure now well and truly underway in many countries it is important to look at what will be the real value of this infrastructure. It offers a range of features such as ubiquitousness, affordability, low latency, high speed and high capacity. It will link millions of devices, such as sensors, that will enable us to manage our environment, traffic, infrastructures, and our society as a whole much more efficiently and effectively.
The large amounts of data generated by M2M developments as well as the increase in user generated communications via social networks and the like will be of benefit to Big Data developments. Organisations are beginning to recognise the importance of storing and processing data efficiently and also mining this data for commercial benefit.
This BuddeComm Intelligence Report provides insights into the developments referred to as the Internet of Things (IoT) and M2M as well as exploring the concept of managing Big Data. It provides unique and valuable examples of smart city projects which provide an indication of the future potential of M2M/IoT developments. It also includes information on the RFID market which has a promising future in Machine-to-Machine transmission applications and is already in widespread use around the world.
In 2014 global M2M connections are expected to reach a quarter of a billion; In 2013, Etisalat joined the M2M multi-operator alliance, which plans to launch a single worldwide Sim card trial on its connected management platform; A group of standardisation organisations joined together in 2012 to form OneM2M, an initiative which aims to develop common M2M specifications; In 2014 an IoT consortium was also formed.
The Internet of Things includes elements of M2M; sensors network; Behavioural Attitudinal Geolocation; smart grids; information processing; Complex Event Planning (CEP); U-CEP, personal informatics; artificial intelligence; E-Science; NBN; Cloud Computing; smart cities; business opportunities; sector transformation, Big Data.