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last activity : 09 21 2010 09:01:04 +0000
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B2B, B2C, What next? M2M – Forthcoming opportunity for Mobile Networks The business community today is buzzing with business jargons like B2B (Business to Business) or B2C (Business to Consumer) but what is next, right then I heard of something heading out, it was referred to as Machine2Machine (M2M), this further lead to my inquisitiveness of its potential revenue opportunities. M2M space is worth to watch for next 2 - 3 years with product vendors & service providers getting focused to ripe benefits from untapped growth potential from yet to mature M2M market. It should be interesting to get more insights on this new buzz word? The very concept of Machine to Machine is networking of digital communication in between remotely held devices. M2M Technology allows information exchange without human interference and covers range of technologies & applications which connects devices to back-end IT infrastructure. Latest developments in M2M Technologies are hinting incredible revenue growth for Communication providers. Real time data accessible from remote machines or devices is changing the way businesses operate. Major telecommunication providers are making significant investment to upgrade infrastructure to cover potential M2M markets over the next 5 years. This step is not only towards being super efficient & also towards reducing business overheads and also for additional revenue generation and improved customer satisfaction. Technological changes and cut throat competition are driving the industry interests towards M2M spreading across domains like Retail, Logistics, Transportation, Utilities, Communications, etc. Why do this? The ultimate goal on bringing in M2M is adapting a technological solution that will help to improve customer service & loyalty. Thus, impacting revenue growth opportunities, optimized utilization of infrastructure and reduced cost through utilization of real-time information. The applications available in the market today across various industry verticals may not fully integrate business model & adapt to system requirements for M2M. Communicating Sequential Processes (CSP’s) will now have to focus on developing unique business operating models & processes powered by next generation Open Source Software or Business Support System’s Infrastructure and Billing applications to tap the potential revenue from M2M. In order to meet M2M needs, billing systems should be upgraded to support low average revenue per unit business models providing scalability & flexibility for volumes fluctuations, real time charging & billing capabilities to support a complex business model. At Rigel Networks we converge complex industry requirements with accurate fit technological solutions to create fulfilling and customizable business solutions just not to meet but exceed customer experience. We offer unmatched competence in designing and development of high performance and scalable solutions. http://alturl.com/ho3ig
Oil & Gas industry uses M2M communications in Drilling, well monitoring, Process control etc. In civil operation also, M2M is used in traffic controls, street lights controls(SCADA) etc. Since Mobile is handy & goes wireless, the use of M2M can be enhanced very widely.Or shortly, we can say, Mobile to Machine(M2M). Example, SMS ,E-MAIL Networks. Audio & video conferencing etc.
Medicine, Retails, Security etc are the potential area where we can think of M2M.
2 comments on "B2B, B2C, What next? M2M – Forthcoming opportunity for Mobile Networks http://alturl.com/8pvpz"
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Commented by
Adrija, Assistant manager finance , HDFC Bank
| 09 21 2010 09:01:04 +0000
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KALIYAMOORTHY, Oil & Gas Area Coordinator, Undisclosed
| 09 20 2010 17:17:53 +0000
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