Global connectivity and device management at the speed of right now
Recently presented at our IoT Day in Shanghai, the Ericsson IoT Accelerator is an easy to use platform that enables truly global connectivity and device management. Here are the opportunities it will bring to communication service providers.
It is truly an exciting time to be in the IoT business. The opportunities are abundant and the future indicates incredible growth and potential. According to Ericsson’s 2019 Mobility Report, the number of cellular IoT connections will grow from 1 billion devices in 2018 to 4.1 billion by 2024. Narrowband IoT (NB-IoT) and Category M1 (Cat-M1) will make up 45% of those connections. This more than quadrupling of the number of devices all transmitting data will place enormous strain on cellular networks and the teams tasked with managing massive IoT ecosystems.
The only platform you will ever need for IoT management
Recently presented at our IoT Day in Shanghai, the Ericsson IoT Accelerator is an easy to use platform that enables truly global connectivity and device management. It can seamlessly scale to connect and manage billions of devices and applications. The platform empowers enterprise users to turn concepts for IoT solutions into realities with shorter development times, enjoy fast and simple deployments, and realize profitable growth at any scale. Communications Service Providers (CSPs) can scale their IoT business by making it easier for enterprise customers to connect and manage IoT devices locally and globally.
IoT Accelerator is already powering more than half of the world’s commercial Massive IoT networks, which demonstrates our deep and trusted expertise in this area.
The evolution of cellular IoT
Not only are the number of connected devices growing, but so are the complexity of their use-cases and, therefore, their connectivity needs. The IoT ecosystem is still evolving, but it can currently be divided into four clear categories, each with needs more sophisticated than the one before.
Massive IoT, which includes both NB-IoT and Cat-M1, supports low cost devices with long battery lives. As the category name suggests, devices are deployed in enormous numbers and handle sensors that require very low data usage, like smart meters, alarms, location trackers and wearable fitness devices. Common uses cases include asset management. Cat-M1 is capable of working with moving machinery and can also support voice communication.
Broadband IoT is able to handle higher throughput and larger data volume, both with lower latency. Typically supported by 4G networks, broadband IoT is used to communicate with drones and unmanned aerial vehicles, and to support AR and VR technology.
The last two categories are Ultra Critical IoT and Industrial Automation. Both groups require the network to be ultra-reliable, ultra-low latency, high availability and able to support precise location positioning. These categories support critical functions like the smart grid, traffic and safety control, self-driving cars, and industrial advanced automation and control, including robots. These deployments are still in the early stages and will ultimately need the high bandwidth, low latency capabilities that only 5G can support.
IoT Accelerator was designed from the ground up to effortlessly scale and support all of these usage categories and their evolving requirements, from a single, unified platform.
The bottom line
IoT Accelerator enables both enterprises and CSPs to deploy and scale their IoT ecosystem. Enterprises can leverage the platform to deploy and manage their global IoT network and can easily handle any volume of connected devices. By reducing the complexity of managing millions of devices, enterprises can save costs, time and resources while boosting efficiency and gaining valuable insights from the collected data.
CSPs can leverage the platform to extend managed connectivity to their customers and create new revenue streams. Just one-third of the global IoT market value comes from the connectivity enabler role. The majority of the share resides much higher up the stack, in the form of add-on services and recurring revenue. With IoT Accelerator in their portfolio, CSPs can grow their businesses with new offerings and capabilities, allowing them to take greater advantage of the lucrative IoT opportunities ahead.