Changing Fortunes
M2M technology is increasingly being combined with 3G and 4G mobile networks across a wide variety of devices to make enterprises more efficient, while also enabling new revenue opportunities
Machine- to- machine (M2M) solutions consist of applications, specialized devices, management platforms, and services that allow enterprises to connect physical assets in specific markets or across geographies.
These solutions connect any assets which benefits from 2-way communications—anything from power meters to cargo trucks in transit, to vending machines, pipelines, wind farm turbines, etc. These assets can be mobile or they can be stationary. M2M communication covers 2 broad aspects—telematics or remote control of machines and telemetry or monitoring and/or collection of data from machines.
M2M technology allows businesses to monitor their machines and electronic assets, analyze the data generated using back-end software, and respond efficiently and effectively in real-time. The ability to send information to the machines can also provide great value, such as reducing costly field service calls by remotely sending repair commands.
M2M as a technological possibility has been around for many years, although its use has been limited both in types of applications and numbers. Recently, however emerging high-speed wireless networks are transforming this space and its potential impact on the enterprise is significant.
3G and 4G Networks
Connecting to the mobile internet over 3G and 4G networks changes the fundamental nature of M2M communications, giving it new features and capabilities. Driving mobile capabilities into a wide variety of devices allows businesses to enable new opportunities and reduce operational costs through higher efficiencies.
For example, the introduction of smart grids, which combine M2M-enabled smart meters, wireless technology, sensors and software, has completely revamped the utility industry in the US.