It's been another big week in machine to machine (M2M) solutions, and with that big week came a host of new products, services, and moves in the market. That means a lot of developments to keep track of, so now's a great time to take a step back and make a more general analysis of the week that was in M2M, so as to walk into next week with renewed confidence and a better handle on where this growing market may grow to. So settle in, and let's run down the high points of the week that was with our Week in Review!
First we had a look at Audi and RacoWireless' new connection, which will give Audi a new partner in terms of bringing connected car services to the 2015 Audi A3. While Audi had previously been seen working with AT&T (News - Alert), the deal with RacoWireless simply looks to augment AT&T's efforts, helping to bring not only a complete infotainment system to the Audi line, but also connectivity management tools and a complete call center option. Audi had also been seen working with Nvidia on graphics as well, so some very big developments may be coming from Audi soon.
Next we got a look at the connected farm, as Western Power Products and SeeControl brought out a new software-as-a-service (SaaS (News - Alert)) tracking system designed to help farmers better keep tabs on remotely-placed assets. Given that equipment for a farm can be miles away from its home location at any given time, the system in question—known as AgTracr—can better allow users to pin down locations of valuable equipment and, where available, route said equipment to where it should be operating.
New reports on the value of the Internet of Things (IoT) market came out next, and offered us a look at just how big this market could be. Word from an International Data Corporation report suggested that the market is currently valued around $5 trillion, and could reach $7.3 trillion by 2017, with around 8.8 percent annual growth. Getting into this market can be a difficult prospect, though, and requires careful analysis to find out just where to bring out new products and services.
Then we had a closer look at iBeacon, and noted several potential applications for this new technology. The Bluetooth Low Energy technology has the ability to transmit messages short distances—around 100 feet—and as such immediately has great uses for brick-and-mortar storefronts, particularly in-store information. Such information can include product details, information about return policies, special pricing offers and several other points, as well as proving useful at point of sale terminals to make payment options smoother.
Finally, we had a look at fleet management, a concept that's proving not only valuable to business' bottom lines, but also to the planet's bottom line as well. It's also proving valuable as a storm-tracking system of sorts, using truckers moving goods as a kind of mobile storm-tracking mechanism. With the addition of a few sensors, trucks could track road temperature, air pressure, and so on. There were many exciting possibilities for M2M systems in trucks, so more M2M gear may show up on the road.
That was the week that was in machine to machine solutions, and with so much going on, it was clear our global online community had plenty to do in bringing all the latest news in the field back here for us. So be sure to join us back here next week for all the latest developments in the field, and every weekend as well for our Week in Review!