{"id":22833,"date":"2019-02-28T13:30:42","date_gmt":"2019-02-28T13:30:42","guid":{"rendered":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/?post_type=news&p=22833"},"modified":"2019-08-19T10:38:44","modified_gmt":"2019-08-19T09:38:44","slug":"operators-optimistic-of-bright-future-as-new-iot-revenue-opportunities-come-to-fruition","status":"publish","type":"post","link":"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/news\/operators-optimistic-of-bright-future-as-new-iot-revenue-opportunities-come-to-fruition\/","title":{"rendered":"Operators Optimistic of Bright Future as New IoT Revenue Opportunities Come to Fruition"},"content":{"rendered":"

Among the many show-stealing IoT breakthroughs and showcases at the world\u2019s leading tech event, there is a central question: how do mobile network operators increase revenue and profit in the emerging IoT market? This was put forward yesterday by PwC\u2019s APAC telecoms lead, Mohammed Chowdhury, at the GSMA\u2019s \u2018Beyond Connectivity\u2019 industry seminar at MWC Barcelona 2019.<\/p>\n

\u2018The price of voice and data services is flattening and profitability has slowed\u2019, Chowdhury declared. \u00a0As such, they operators are at a crossroads \u2013 do they stay as the reliable connectivity providers they are known as or is there a future beyond their historically core service?<\/p>\n

\"\"<\/a><\/p>\n

As IDC\u2019s Research Director Jon Gole asserted, \u2018telecom operators are only able to address small slivers of the pie if they stick with just connectivity\u2019. And yet, Gole stressed, \u2018operators sit in a very advantageous position to orchestrate the ecosystem.\u2019 As put by the GSMA\u2019s IoT Emerging Enablers Lead, Neill Young, \u2018all over the globe operators are exploring and launching many new services and platforms to accelerated the growth of IoT.<\/p>\n

This statement was supported by FarEasTone\u2019s Director of IoT Solution Management, Luke Wang, who demonstrated a number of ways in which the East Asian operator had made inroads into IoT service provision. Addressing Gole\u2019s predictions on revenue opportunity, Wang claimed that \u2018our experience of that is more or less true, with just connectivity we can only expect 5 or 10 percent share of overall IoT revenue – applications are becoming as important to customers as connectivity\u2019
\nWang revealed an impressive number of vertical markets that the operator had broken into, including energy management, asset tracking, biking and healthcare. \u2018There is still a long way to go, but as an operator we have a good starting position. We, as an operator own the most important part of the value chain \u2013 connectivity. Without connectivity the internet of anything<\/em> does not exist.\u2019<\/p>\n

SingTel\u2019s Senior Director of IoT and M2M Product Management, Sriram Venkataramani, observed that a common operator strategy had been to move into vertical markets or improve their horizontal offerings. \u2018The horizontal way is the route we have taken\u2019 asserted Venkataramani, who claimed that they had achieved market success through products such as their widely applicable NB-IoT- enabled Smart Lock.<\/p>\n

In speculating what the future held for operators, China Mobile\u2019s Senior Technical Director, Liu Yuan, expected that there would be a change in how consumers and business perceive them; \u2018most of our customers will start to see us as an IoT provider than an operator of the best network\u2019. Indeed, Yuan\u2019s claims already seem to be coming to fruition with operators playing ever more active roles in IoT, digital identity, edge computing and Cloud XR. We for one, expect to report substantial progress in these markets in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"

Among the many show-stealing IoT breakthroughs and showcases at the world\u2019s leading tech event, there is a central question: how do mobile network operators increase revenue and profit in the emerging IoT market? This was put forward yesterday by PwC\u2019s APAC telecoms lead, Mohammed Chowdhury, at the GSMA\u2019s \u2018Beyond Connectivity\u2019 industry seminar at MWC Barcelona […]<\/p>\n","protected":false},"author":10,"featured_media":25015,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"_oasis_task_priority":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[9916],"tags":[54],"algolia_discover_type":[14681],"class_list":["post-22833","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-home","algolia_discover_type-article"],"yoast_head":"\nOperators Optimistic of Bright Future as New IoT Revenue Opportunities Come to Fruition | Internet of Things<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gsma.com\/solutions-and-impact\/technologies\/internet-of-things\/news\/operators-optimistic-of-bright-future-as-new-iot-revenue-opportunities-come-to-fruition\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Operators Optimistic of Bright Future as New IoT Revenue Opportunities Come to Fruition\" \/>\n<meta property=\"og:description\" content=\"Among the many show-stealing IoT breakthroughs and showcases at the world\u2019s leading tech event, there is a central question: how do mobile network operators increase revenue and profit in the emerging IoT market? 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