From the connected cars &
wearable devices to the smart homes & cities, the Internet of Things (IoT)
is transforming the world around us, particularly in the telecommunications and
eSIM management solutions. It is the fourth industrial revolution which is also
driven by Artificial Intelligence (AI), 3D printing, robotics, & various
other emerging technologies which will irrevocably change the way that machines
interact with humans & each other. How can companies and industry
professionals stay ahead by leveraging the Internet of Things? Let’s understand
how.
· Data Analytics
By using IoT in the telecom
companies, the business leaders can get large volumes of significant data. The
telecom companies can develop the information pools with data collected by IoT
sensors. After this, Telcos can utilize the data acquired and generate
analytics which can help to gain key business insights. In addition, analytics
can also help business leaders to understand customer usage patterns. Thus, by
combining IoT data with the use of big data analytics, telecom companies create
predictive models that can help them to predict upcoming trends in the telecom
industry.
· Data-Driven Networks
Reliability, service quality,
& intelligent dynamic capacity allocation are important for IoT services
like autonomous cars, insulin pumps, and heart-rate monitors. Improved network
analytics capabilities allow providers to achieve real-time & predictive
IoT network maintenance and it improves services & keeps costs down. We can
expect to see this data-driven approach become the core enabler of automated
and intelligent networks which incorporate the next-generation technologies
such as 5G, eSIM Solution, SDN, NFV, cellular V2X, & service
cloudification.
· Revenue Vs. Value
The global connectivity oftelecom industries is exploring their revenues which are diluted by the service
commoditization & competition from over-the-top (OTT) providers.
Simultaneously, data consumption has developed exponentially. IoT in
telecommunications is defined by the capability to deliver high-value &
data-driven services which prioritize cost & convenience by making an
optimistic impact on people’s lives. The market leaders are the telecom
providers who partner with customers, platform providers, and domain
specialists to co-create the next generation of the IoT networks.
· Safety hazards
Remote sites are vulnerable to
hazards like fire, floods, bad weather, & earthquakes. While all such
incidents occur, the telecom industries have to executive the preventive
measures immediately as such hazards can lead to various irreparable damages to
the equipment. Thus, by leveraging IoT in telecom, remote sites are monitored
more efficiently for safety hazards. For instance, IoT sensors can notify
concerned authorities in case of the fire in the remote site. After receiving
the alert, telecom industries can quickly implement prevention & mitigation
strategies.
Before adopting the IoT in
telecom industries, business leaders have to develop an effective strategy.
Thus, for this purpose, the business leaders have understood which type of IoT
data will generate. Also, businesses need to boost data security to protect
their data from hackers. Business leaders can use the blockchain to make IoT
more secure. Alternatively, businesses can use leading IoT management platforms
like AirLinq to establish a global footprint in a cost-effective manner.
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