Ericsson, a provider of technology and services to telecom operators, has released "Exploring IoT Strategies," a study that provides insights from 20 telecom service providers on how they are engaging and positioning themselves in the IoT market. The telecom service provider interviewees indicated that a game changer in IoT is expected to be cellular IoT and new 5G technologies. The study also identifies four service provider role categories which are Network Provider, Connectivity Provider, Service Enabler and Service Creator.
Among the findings of the Ericsson study are that most of the service providers interviewed are relying on standards and open APIs to enable third-party development, and most of the interviewees believe that "5G will have a significant impact on IoT, although few have a clear view of specific 5G use cases." According to the study, "80% of IoT leaders are using standards and open APIs to enable third-party development."
All of the service providers interviewed for the study believe that "new cellular IoT technologies, such as Cat-M1 and NB-IoT, that are complementary for different use cases, will be game changers improving battery life, reducing device costs and enabling new use cases."
"The report confirms the importance of IoT to the current and future business of leading service providers, no matter where they operate in the world," said Jeff Travers, Head of IoT, Ericsson, in a prepared statement. "Regarding IoT as a new type of business, service providers are investing in new technologies and establishing new business models for revenue sharing and increased use of indirect channels. They are also creating new delivery models for as-a-service and online services and driving innovation with partners and customers."
Visit the official Ericsson website, to download the complete report.