I get asked about M2M and the IoT (Internet of Things) all the time. Sometimes off the record in casual conversation, other times on the record as a Council Member with the Gerson Lehrman Group, an expert network that connects subject-matter experts with people who want to tap into their expertise.
There’s a story from the 1840s that at a junction of the old Oregon Trail, one fork had a pile of gold-bearing quartz marking the road to California, the other fork had a sign bearing the words ‘To Oregon.’ The way the story goes, the people who could read took the trail to Oregon.
It’s a data-driven world, and this is truer now than ever before. In the enterprise space, M2M devices offer companies ways to collect machine data and leverage it to impact the bottom line.
The typical range of today’s EV (electric vehicles) tops out around 150 miles—enough to get most people to work and home, but hardly ideal for family vacations. Moreover, public charging stations, though proliferating in major cities, remain few and far between.
Everyone wants to be connected. Even at Connected World we espouse the importance of being connected every day.
In late September of this year, NASA (National Aeronautics and Space Administration) launched on a commercial Dragon capsule from SpaceX, Elon Musk’s space venture, a 3D printer to be installed on the Int’l Space Station. The printer was produced by Made In Space under contract to NASA.
With extensive growth expected in both the number of users and the number of connected devices per user, LTE traffic volumes should reach record levels in the very near future. For the IoT/M2M industry the real question then exists what industries will most likely take advantage of LTE and how long before companies make the transition to LTE?