For many, M2M technology represents a new concept. The reality is, however, that it is already everywhere and that it is a substantial industry estimated to be worth $25B today and predicted to grow exponentially to $90B by the end of 2017. If you have not already considered adaptation of this technology, experts predict that you will be likely forced to within the next 2 to 5 years in order to remain competitive disadvantage in your marketplace. Critical to your success in adopting M2M to satisfy your needs is possessing a clear understanding of what it is you want to do, the business case for doing it, and the potential for return on investment.
M2M-ACCESS recommends that you follow these tips as you consider M2M adoption:
- Enlist executive support - Implementing M2M doesn't just tie into one process in an organization -- it cuts across the enterprise, which can pose significant challenges to getting everyone on-board and on the same page
- Partner with like-minded vendors - Given that an alphabet soup of standards is still a very real obstacle in the M2M world, it's critical to align with technology vendors and partners that support a culture of openness and information sharing
- Focus on the big picture - There are many moving parts to M2M services -- from device hardware and connectivity options, to application and middleware -- and experts recommend utilizing the services of systems integrators to help take some of the complexity out of syncing up these myriad technologies
- Foster alignment with IT - As machines essentially become endpoints on the corporate network, operations groups need to embrace what your IT department is trying to achieve and support not sabotage its deployment