Internet of Things (IoT)
By combining these connected devices with automated systems, it is possible to gather information, analyse it and create an action to help someone with a particular task, or learn from a process.
The IoT allows devices on closed private internet connections to communicate with others and bring those networks together. It allows devices to communicate not only within closed silos, but across different networking types, creating a more connected world.
Machine to Machine (M2M)
Machine to Machine (M2M) communication enables the flow of data between multiple machines and ultimately, machines and people. In addition to data plans for mobile devices, V12 can provide plans for M2M devices, such as vending machines, vehicles or even heating units.
This technology allows both wireless and wired systems to communicate with other devices of the same ability and it’s abundant in everyday life. For example, through this technology, a vending machine can connect to a route drive to notify it when it’s running low on supplies. Likewise, a car can remotely heat the interior 5 minutes before you leave to go to work in the morning.
Predating mobile voice communication, M2M technology is escalating in the business environment. By the end of 2018 there were an estimated 22 billion IoT connected devices in the world, forecasts predict that this is set to rise to an estimated 50 billion by 2030.
How it can help your business
Although the ability for machines to communicate is not new, nor is it new for them to communicate with other machines; it is the ubiquitous connectivity, paired with inexpensive electronic equipment and data plans that makes it so popular today.
M2M solutions enable real-time interpretation of data and data events. Leveraging this data helps businesses maximise operational efficiency, reduce costs and improve customer satisfaction. The technology can create efficiencies, such as in the case of the vending machine, whereby the need for human intervention and non-value-added time is decreased.
Implementation of M2M technology can be a useful tool to push forward business strategy and process; bridging not just the intelligence gap in the machine with the communication network, but with the whole business and its their customers.
V12 can connect your devices, as well as providing data plans to allow them to communicate.