IoT and the telecommunications industry
Nicola Villa and Richard Savage have co-authored a white paper that addresses how the Internet of Things can add value in the telecommunications industry.
The white paper explores how Telecom operators have engaged with the IoT over the last 10 years, and focuses in particular on the application of IoT within smart cities.
The authors identify a promising shift away from initial trends of unclear return on investment, towards platform-based, sustainable IoT models that bring clearer benefits to both clients and end users.
The initial trends: telecommunications industry
Initial trends included sensor and networking solutions, and later, connected vehicles and instrumented industrial devices, which use sensors to determine if a particular situation exists (an emergency, for example), and then take action to resolve the situation.
According to the Villa and Savage’s report, the impact of these particular solutions has been limited, with an unclear return on investment for end users.
A new business-focused approach
A shift in approach recently saw leading telecommunications operators use business services on top of digital platforms to reduce clients’ operational expenses (Opex). This new model for technology consumption is more business-focused and the idea is to help clients save time and money.
For example, predictive maintenance is increasingly used instead of instrumented industrial equipment. Predictive maintenance identifies flaws in equipment components so they can be fixed before they fail and bring machinery to a halt.
These digital platforms use a single approach to bring together Connectivity, Data & Analysis, Security, Mobile and Cloud, working in a more streamlined way to anticipate and solve problems before they occur.
Take a look at the telecommunications White Paper to get the full details, and let us know below what you think.