Paul Budde: Internet of Things Requires a Rethink of Business Models

11/07/2020 - 10:54

While there is undoubtedly a lot of interest in machine-to-machine communication (M2M) and the Internet of Things (IoT), what we see is only what is happening on the surface. Most of the M2M activities are taking place unnoticed. For example, most newly produced electronic devices are now all M2M enabled.
Over 100 million smart meters have already been deployed by the electricity industry, with literally hundreds of millions of them in the pipeline. Healthcare is another key industry.