Is M2M Going to Change Your Life Tomorrow?

Posted In DigitalOlympus News - By Josh Cole On Thursday, July 18th, 2013 With 0 Comments

“There will be over 10 billion mobile-connected devices in 2016, including machine-to-machine (M2M) modules-exceeding the world’s population at that time,” stated Cisco in its latest Global Mobile Data Traffic Forecast Update. Mobile data traffic has been doubling for the last few years. That, and the fact there are more web-connected devices than humans, can only mean one thing: human online intervention is becoming almost unnecessary.

M2M will soon change the way our objects, homes, and even cities interact with each other, without human intervention. It will transform how we live our lives and conduct our businesses. I know it sounds bit scary (and awfully similar to the Skynet system from the Terminator franchise), but I believe M2M can improve data analysis and connectivity in a way that will make our lives much easier.

How? Well, M2M’s possibility to analyze complex data in real-time can help from everything to preventing car accidents to controlling your coffeemaker. By connecting most devices we use in our day-to-day activities, M2M technology is bound to reshape how we go about our daily lives and develop new business opportunities.

Here Is Why M2M Will Be a Major Growth Area In The Mobile Industry:

Machine-to-machine technology is quickly gaining momentum in the global economy. We ventured into thinking how it would affect several industries (like the automotive industry). However, there’s one industry where M2M stands out. According to Larry Bellehumeur, “M2M is going to be a major growth area” in the mobile industry for the following reasons:

  • Big Data Traffic: Companies have found in M2M technology a compelling alternative to drive traffic into their “big data” systems. Particularly now that the PC market seems to have peaked, big router and gateways companies are looking at M2M technology as a key growth area.

  • Decreasing Cost: Bellehumeur makes a very valid point. The costs of M2M technology is decreasing while the capabilities of cellular networks are increasing. Today module prices are much lower than last year, and last year’s prices were already lower than the year before that.

  • Simplicity: “The introduction of many application enablement platforms has taken a lot of the complexity out of an M2M solution, decreasing its deployment costs and the time it takes to get to market,” according to Bellehumeur.

  • Flexibility: M2M technology has evolved enabling faster deployments, for clients who have a modified platform, and provided an easier way for those customers using large scale ERP/Business Intelligence platforms to port data directly into their systems.

  • Consumer Oriented M2M Solutions: With custom solutions specifically designed for the SoHo (Single user, Home office) customer segment, M2M will experience an unprecedented growth in the next few years.

As Stacey Higginbotham said, M2M is “the logical extension of today’s connected society.” But even if that refers to the near future; right now, M2M is having a more immediate impact in the mobile market (especially for cellular carriers). Nevertheless, as you begin to see how tablets and smartphones start to control fridges and connect with cars, you might realize: “Maybe the future wasn’t as distant as I thought.”

As usual, please join the discussion, and let us know your thoughts on this topic in the comments section below.

 

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