We have described in a recent article the dimensions of the M2M Switch currently taking place in the wireless industry: a renewed emphasis on machine-to-machine communications away from human-to-human communications, and the implementation of a new business model based on new “ABCs”: low Average Revenue per Unit or ARPU; low bandwidth or data rate transfer; and low churn or customer attrition. These characteristics are fundamentally different from the wireless operator’s traditional business model. However, the shift in the business model foundation is not the only radical change. In addition to bringing a new focus, the M2M Switch transforms the way businesses operate. As millions of remote devices are going to be linked up together, the ability to better comprehend and monitor the operational quilt or the business environment in general will be increased, and, as a result, overall productivity enhanced. The M2M Switch infuses new life into the business-to-business (B2B) M2M market.
The EU has mandated that member states introduce smart metering in homes and businesses by 2020, to understand and monitor energy consumption with the aim of reducing usage, and ensuring reliability of supply.