New Technologies Fuel New M2M Business Opportunities
Machine to Machine (M2M) is one of those emerging, tough-to-pin-down, but highly significant trends that will affect everyone in the communication business. We’ve seen a lot of M2M excitement in the billing and OSS circles this year, and 2012 will only continue the trend.
As Cycle30 continues to engage the M2M community, it’s amazing to see how many people are unaware of the latest technology and access advancements that have been realized in the marketplace. There are a number of new offerings that deliver mobile M2M solutions that are not bound by coverage or pricing limitations.
One interesting example is a global sensor that tracks luggage for domestic or world travelers – and it can be delivered at a very cost effective price to consumers.
If a previous business case Return-on-Investment (ROI) did not pan out– I’d encourage you to definitely take another look. Common M2M solutions have a lifecycle of 5+ years – so you don’t have to get always be break-even within a 12 month period.
If you have questions on partnership opportunities, M2M solution advancements and/or are looking to build out an M2M business plan, I’d be interested in hearing your ideas. Post a comment or drop me an email.
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