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Jul 14, 2014

Low cost LTE could boost operators’ IoT play

Mobile World Live

By Steve Costello

NEW BLOG: A quick look back at Mobile World Livecontent from this year shows a growing interest in the Internet of Things (IoT), the sexed-up sibling of M2M that will see 50 billion100 billion – keep the forecasts coming – devices of many shapes and forms connected to the internet in the not too distant future.

As with any nascent market, there are a number of landgrabs going on as the pioneers look to stake their claim. Google’s $3.2 billion acquisition of Nest earlier this year indicates that the search giant saw much more than a connected thermostat company; Cisco used its keynotes at CES andMobile World Congress to talk-up the potential of the market, touting $19 trillion of profit and economic benefits over the next ten years.

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