Fairly any object with a sensor and an IP address can be considered part of the IoT. This broad definition encompasses everything from smartphones to vending machines, windmills and smart home appliances. Just like its big brother the Internet, the Internet of Things will consist of numerous smaller and larger networks, such as body area networks, connected home networks, all the way through smart city networks. Several studies have estimated that the IoT will connect almost 50 billion objects by 2020, all of which will be receiving and transmitting vast amounts of data. Light bulbs, thermostats, shoes, and display windows; if it’s connected, the data it provides will be valuable.
Each M2M network will develop at different speeds depending on market factors. When will NB-IoT, LoRa, Sigfox or normal GSM be the ideal solution?
In this meetup we will discuss new business models to provide connected-devices-as-a-service as part of your business.