IoT Business models
IoT presents new business opportunities for telecom operators in the emerging IoT ecosystems where players share information and collaborate across industries. However, to successfully navigate and capture these opportunities in the ecosystem, including approaching new customer segments, it requires an IoT business strategy and development of new business models.
The IoT ecosystem players can take different roles in the IoT value chain. Operators can focus on offering IoT connectivity services to a variety of customers. Telecom operators can also acquire new capabilities and skills to grow along the IoT value chain.