For Europe, the Internet-of-Things (IoT) provides an opportunity to unlock 7 percentage points of GDP growth (€1 trillion) by 2025.
The key role in achieving this potential is played by IoT device makers and service providers, who are exploring new global business models and are moving towards autonomous, self-learning, and fully automated services and products. However, these companies are facing significant connectivity challenges:
It is not technically possible to automatically manage cellular connectivity traffic, cost and SIM cards on a global scale.
Available solutions are not flexible nor compatible with a full range of wide-area connectivity technologies.
The data transfer prices for global connectivity (IoT devices located in different countries) are up to 500% higher compared to prices for local connectivity (all devices located in a single country).
The pricing schemes for global connectivity, including financial commitments, are rigid in adopting customer’s use cases, built for specific region only and are tailored for high or mid mobile data volume customers.
This connectivity challenge has several negative outcomes for the whole IoT sector and beyond:
The creation and growth of innovative IoT devices and services are restricted because global business models are difficult to implement and economically infeasible.
Global connectivity management cannot be technically embedded into services or products that support automated machine-to-machine communication, self-learning mechanisms, data analytics and real-time visibility.
1oT has developed an IoT connectivity platform with global cellular connectivity solution that allows IoT device makers to get global data coverage for all of their devices anywhere in the world.
DISRUPTIVE ADVANTAGES OF THE PLATFORM:
Truly universal, able to serve more than 95% of IoT device makers and service providers that need wide-area cellular coverage.
Unique easy-to-use self-service platform with a powerful Application Programming Interface (API), which enables the user to control, manage, and monitor mobile data sessions around the world from one platform and provides an additional full range of value-added services for one-click integration with other services and softwares.
Truly global connectivity coverage in 190 countries for at least 50% lower data costs.
Flexible and transparent pay-as-you-go pricing without volume commitments and termination fees.