Why IoT and M2M Technology is Gaining Such Ground

While M2M technology has been around for some time now (in technology years that is) it is now moving beyond the notice of early adopters and innovators to early majority. More and more people are becoming familiar with the concept at a consumer level (Smart Homes, iBeacon technology, etc) and the business sector is beginning to find ways to leverage the technology as a profit center. The reason for this?

“I believe the recent buzz is a result of the convergence of factors: Field service companies have the knowledge management capabilities to turn data points into insight, many organizations are making or thinking about the transition from a reactive, break-fix service model to a proactive or preventative model, and the volume of machines a assets that are connected has reached a number with can drive value.”

Aly Pinder – Senior Research Analyst, Aberdeen Group

 

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