Project Description
Telecommunication network providers are facing ever increasing competitive pressures and in many cases a reduction in traditional telecommunication service revenues from a variety of factors such as internet based telephony. In many geographies, there are still start-up MVNOs and companies exploiting new niches in the expanding manrketplace. This drives communication companies to find new revenue streams, with leaders actively looking to the Internet of Things and rolling out IoT networks to attract a new generation of subscribers. These IoT subscribers are no longer individuals but instead come from smart companies that are using IoT networks to deploy innovative devices and associated services to their end users. To enable this, Telecommunication companies often offer a blend of existing 3G infrastructure alongside new low-power long-range networks. In this revolutionary shift from human subscribers to devices having the right systems in place is critical to deliver the required ROI for network rollout. Efficient device management and flexibility with sophisticated billing for monetisation of the big data generated by IoT devices is fundamental to success.