GPS is an example of always-on data streaming that makes IoT complex and expensive. For the industry to deliver on the promise of billions of devices, businesses will need a low-cost alternative with more coverage than GPS.
The circular economy requires Mobile IoT technology for businesses to achieve maximum utilization and profitability of their assets.
IoT is an unparalleled opportunity for future growth and will be an essential new source of monetization for Mobile Network Operators (MNOs) looking to compensate for declining revenue in the once core services of voice and messaging.
IoT enabled solutions create opportunities for companies to address pain points and reduce overhead by tracking and remotely monitoring assets.