With the overwhelming increase of gadgets and devices all around us machines are communicating among themselves more than ever. This inter-gadget communication dubbed precisely as Machine-to-Machine (M2M) technology is continuing to be on the rise whether at home or at the workplace. It is destined to have significant impact on the way we live and work.
M2M solutions which basically rule the ways devices are connecting, communicating, and working closely with one another is already ruling the world of home gadgets and devices, especially in the B2C consumer durable and technology market. From connected fridges to well equipped cars with connected devices to smart interactive thermostats, the M2M technology is resonating across all spaces.
But even the so called businesses and industries and their tech savvy workplaces are also experiencing the changing dynamics of M2M technology. The adoption of M2M into the business workplace is increasingly getting momentum as workplace specific solutions and machine solutions are invading the modern business places. As of now building the right app for connecting several office gadgets has been at the forefront of M2M application at workplaces.
As of now in spite of its fast paced adoption a vast majority of IT administrators and managers don’t actually understand the real strength of M2M and to what extent it can add value to the business process. Many consider M2M to incorporate security flaws in the business process, especially in the ways various cyber-attacks intimidated industries on a global scale. But in spite of such fear a recent study by SNS Research estimated that global spending on both IOT and M2M technologies is expected to reach a staggering volume of $250 billion by the year 2020.
The opportunity presented by M2M solutions for business premises and workplaces is supposed to scale up its demand. It all started in the beginning with static M2M solutions in the way of sensors and watch cameras that work in sync with one another. Though they are continuing to remain popular, the popularity of mobile M2M solutions is increasing as they offer greater ease of access and collaboration among the workforce across different business verticals and niches.
There are various examples that can be cited concerning the adoption of M2M solutions in businesses. For instance, in the healthcare sector, where the fitness trackers brought a new approach of collaboration among several health sensors for producing valuable insights about the user’s health condition and fitness level. With real time healthcare data being transmitted irrespective of the location of the patient in home or in hospital, the healthcare industry can now focus more on total healthcare than just temporal cure. With connected devices ruling the healthcare sector if the future years, predictive diagnosis and preventative healthcare will play a major role.
The connected devices are just at their nascent state and we still do not have a standard industry specific protocol and standard for utilising these devices for beneficial outputs in our life. It is just a matter of few years before we actually see M2M to play a key role across many organisations and sectors. With M2M in place, we can hope for the automation to take hold of many business processes ensuring efficiency and speed.