Ayla Networks says the management of IoT devices and their data promises higher revenues, lower operating costs, and improved efficiencies, but warns it’s not just the volume of their devices, but also their sheer complexity.
Semico Research estimates that there will be 16 billion IoT devices installed worldwide by 2020. This includes everything from tablet devices through to smart toothbrushes and baby monitors.
In 7 Ways Telcos Can Use IoT to Monetize Their Networks, Ayla Networks explain such devices need a management platform connected to a telco’s network, which will ultimately enable the monetization process.
With the data in hand, operators are then able to upsell products and services through bundling, upgrades, and access to value-added features. If your connected coffee filter reports its running out of coffee, the subscriber can opt in to a new bean delivery.
“The important thing is that telcos need a comprehensive, horizontally integrated IoT platform in place,” says Ayla Networks. “That way, they can concentrate their attention and resources on the value-added features and vertical applications they want to offer to customers instead of the ‘plumbing’ that makes it all happen.”
You can read more about Ayla’s seven points for managing IoT and the company’s Operating System for IoT in an e-book, available here.