No Just Connectivity, Telecom Must Leverage the Most of IoT to Deliver Value-Based Services
June 25, 2018
Thanks to ‘all things smart and intelligent’, from interactive fitness trackers and smart thermostats to driverless vehicles and connected smart kitchens, the Internet of Things (IoT) has witnessed increased adoption- to make our lives smarter and more interactive, in the recent years. As the Internet of Things continues to pervade the enterprise and consumer worlds, according to a report by Goldman Sachs, the IoT is likely to connect as many as 28 billion devices (or “things” as they call it) to the Internet by 2020- connected Wearable Devices, cars, homes, cities, transportation, oil and gas, healthcare and the industrial internet.
Given all the hype around IoT and the advantages it brings along, the telecommunications industry is one of the fastest growing market- providing enhanced connectivity solutions to numerous smart devices