for network uniformity and smart services. New
types of converged gateways integrate various
access technologies and terminals, and are now
driving edge reconfiguration. for companies in these different domains varies;
however, all follow the same principle: reinforcing
strengths, forming cross-sector alliances, and
challenging competitors.
New Business, New Operations Verticals: Leaders in specialized services
IoT networks and service complexity are
skyrocketing, requiring new types of operating
platforms and models driven by intelligent
algorithms that yield data insights. In business
terms, IoT is a new value creator based
on innovative applications. As telcos have
connectivity advantages, they can initially bundle
connections and data with applications to
monetize connections and data platforms. Over
the long term, platforms will control user flow and
data flow, while data platforms and converged
ecosystems hosting applications will create cash
flow.
The development of IoT focuses on three
sectors: vertical industries (led by GE, BMW,
and Haier); Internet OTT services (led by Google,
Amazon, and Alibaba); and telecoms (led by AT&T,
China Mobile, and Vodafone). Strategic positioning To automate smart connections, services, and
operations, leaders in verticals have pioneered
a deep, modular approach to IoT, cloud, big data,
and Internet tech. For example, BMW and Bosch
have set up Industry 4.0 standards in Europe,
while GE has created new IoT applications by using
its Predix platform to monitor and analyse five
million points of data from 10 million sensors in
hundreds of millions of devices. Thus, specialized
services are emerging as a core competence of
IoT.
Internet OTTs: Leaders of smart
The leadership, capabilities, and experience of
Internet companies in big data, cloud, and Internet-
enabling technologies lets them disrupt and
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