How M2M Powers the Internet of Things

How M2M Powers the Internet of ThingsHow M2M Powers the Internet of Things

How M2M Powers the Internet of Things

On the RadarOn the Radar

76% of respondents have heard of M2M, up from 61% in 2014. More than one-quarter (27%) of all businesses worldwide report using M2M technology.

M2M Makes a MarkM2M Makes a Mark

90% reported that M2M is relevant to their organization today, up from 86% in 2014.

Leading the ChargeLeading the Charge

Top M2M adopters include: energy and utilities (37%), automotive (32%), retail (32%), consumer electronics (29%), and health care and pharma (28%).

Use Cases GrowUse Cases Grow

Top M2M uses include: new types of devices (55%), more connections (53%), data analytics (48%), new connectivity types (45%), more lines of business (44%).

M2M Is an EnablerM2M Is an Enabler

Half (50%) of M2M adopters indicated that they’re using the IoT and M2M to enable new business and operating models.

Competitive GainsCompetitive Gains

83% of adopters agreed that they have gained a competitive advantage from M2M; 38% agreed “strongly.”

M2M Delivers on ROIM2M Delivers on ROI

59% of those using M2M said they’ve realized “significant” ROI, compared to 46% in 2014.

M2M Is More Than TechnologyM2M Is More Than Technology

79% agreed that M2M is not about buying technology, but rather about improving business processes.

The CIO RoleThe CIO Role

The study found that the CIO leads projects in 36% of cases; the CEO leads in 16%. 63% report having multiple leaders involved.

Budgets CountBudgets Count

Only 46% of projects get charged to the IT budget. 28% of businesses already use risk/reward sharing models, and 29% charge the cost direct to the consumer.

Final ThoughtFinal Thought

“M2M is ushering in a new era for the way companies do business by connecting consumer devices, smart offices and buildings to the Internet around the world.” – Andrew Morawski, head of Machine-to-Machine for the Americas at Vodafone.

Samuel Greengard
Samuel Greengard
Samuel Greengard writes about business, technology and other topics. His book, The Internet of Things (MIT Press) was released in the spring of 2015.

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