The Internet of Things (IoT) is a rapidly developing market, involving connecting devices to the Internet to utilise the data it can create. Forecasts indicate billions of connected devices within the next few years. So where are they and how are they being connected?
There are so many more “things” in the world that are stationary or not in constant motion than those that are moving. Most of the many billions of stationary things that have the ability to create data are nevertheless not connected to the Internet. As a result, the data is lost and not converted into useful information having value and can therefore not generate revenue. The main reason why these many stationary things have not been connected is essentially down to cost versus the perceived benefit. This is what NB-IoT and other LPWA technologies have been designed to address. Read more about the benefits of NB-IoT for free to download White Paper.
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