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 infrastructure now well and truly underway in many countries, it is important to look at what the real value of this infrastructure will be. 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 of mining this data for commercial benefit.
Internet of Things – the next infrastructure inflection point
Making infrastructure smart basically means adding intelligence to the networks through sensors, devices, M2M, etc which generate reliable data that can be processed in real time to provide information to all those involved in making decisions about their energy use, transport movement, weather conditions, financial status, healthcare monitoring etc. By combining these databases in a trans-sector way – linking energy to traffic, to healthcare, to weather, to economics, we will be able to move from the current silo-based structure to a true trans-sector structure. The internet of things allows infrastructure to share data and to process and analyse it in real time. |
(Source: BuddeComm)