The machine-to-machine (M2M) market has seen rapid growth over the past few years. It’s estimated that M2M technology will be valued at over $85 billion by 2017.
The growth is due to a rise in computing technology and the smartphone market.
M2M allows both wireless and wired systems to communicate with other devices with the same ability. Since its development, M2M has evolved to go beyond the traditional one-to-one connection, into a system of networks that can transmit data to a variety of machines.
Now, Vodafone Greece has revealed that it too will be adding M2M services to its consumers. The company plans on developing and implementing new solutions though its Zelitron subsidiary.
The telecommunications company has been offering network solutions to its customers for over 20 years, becoming the world’s largest mobile telecommunications company. It currently has over 400 million active subscribers. The company has continued to expand and currently owns and operates networks in over 30 countries.
Any change made in any of these locations will have an impact on millions of customers.
Dionysis Gregoratos, Coporate Customers Director of Vodafone Greece, said this was a strategic move in the hopes of becoming more competitive. Just as well, investments in smart M2M services “promote enterprise competitiveness” and “create the conditions for advances in innovation and growth, as well as the development of competitiveness” in the local economy.
In addition, M2M will allow current Vodafone customers to stay connected from any location. “[It] enables users to monitor wireless devices and telemetry applications from anywhere at any time through Vodafone's mobile network,” said Vodafone in a statement.
“Currently, the services it offers are fleet management via the ZeliTrack Fleet Management product, the photovoltaic infrastructure surveillance service SmartEcometer PV, as well as the immediate monitoring of natural gas consumption via the Smart Ecometer GAS service,” officials added.
Vodafone plans on integrating new M2M services throughout the next year.
Edited by
Braden Becker