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Machine-to-Machine (M2M) & Smart Systems Forecast Report - The Emergence of Smart Business 2010 - 2014
Harbor Research, Inc., June 2010, Pages: 252
The author is pleased to announce the publication of our 2010 forecast report for the M2M & Smart Systems Opportunity. The report is an expansive update of the author’s views on the market size and growth rates and the current state of adoption of intelligent device networking technologies and managed services. The study underscores the challenges that the market faces going forward.
With the focus in the Smart Business arena rapidly shifting towards higher level smart services, a major part of the report covers the rapidly growing network and managed service opportunities. In addition to this, the author has identified a series of stages through which Smart Business offerings tend to evolve. The analysis underscores the upside potential depending how quickly businesses can address various design and deployment challenges
It is clear from these forecasts that the market is now poised for higher growth and mass adoption – there is substantially greater recognition of the technology capabilities and the potential benefits of connecting devices to the Internet. The market will begin now to move forward into more complex higher value applications where the need for innovation is much more evident. We believe that such innovation will be rewarded.
The Pervasive Internet and the new world of Smart Systems are ushering in an era where people, machines, devices, sensors, and businesses are all connected and able to interact with one another. As these previously disaggregated parties come together, new modes of collaboration and intelligence will abound fostering a trend that we call “Smart Business.” Machine-to-Machine communication (M2M) systems are merely the starting point. The development of the Pervasive Internet and the evolution toward Smart Business practices will enable a truly connected world. Inputs from machines, people, video streams, maps, newsfeeds, and sensors will be digitized and placed onto networks. This will lead to the convergence of the physical & virtual worlds, thus enabling collective awareness, creativity, and better decision making capabilities for societies that increasingly rely on real-time information and interactions. Many observers believe that this phenomenon will drive the largest growth opportunity in the history of business.
Scope of Study
The Pervasive Internet is a global technological opportunity of unprecedented proportions. The technology behind the Pervasive Internet will ignite an era of Smart Systems and Busi¬ness that radically transforms customer service, resources allocation, and productivity in gen¬eral. In this new era manufactured objects, general infrastructure, people, and businesses will be connected and communicating constantly. As the world becomes connected, societies and governments alike will be able to respond to the needs of both citizens and assets in real time.
The Internet is the primary driving force on the path to a truly connected world. First, the Internet gave us e-mail and the Web. Then came e-commerce and the ability of consumers and businesses to quickly purchase items, as well as the ability of retailers and businesses to build close relationships based on customer preferences.
But the next phase will be much more profound. It includes shared and secure Internet ac¬cess for device interaction—in many cases with no human intervention at all—as well as network-based services such as status monitoring, usage tracking, consumable replenishing, and automated repair. These new services are based upon the convergence of networks, em¬bedded computing, control, content, and sensor feedback.
Our analysis and research is focused on understanding the strategic business implications of growth within the emerging Smart Systems arena. The research addresses the following key questions:
- What key forces are impacting adoption of Smart Systems, M2M and connected product solutions?
- What devices and applications are driving intelligent device networking?
- What are the business models manifesting in each major vertical market and venue?
- What is the size and growth rate of the opportunity?
- What managed services opportunities are developing by vertical market?
- Which enabling technologies are gaining ground?
- How will software architecture and tools evolve over the next several years?
- What issues and hurdles are there in the market impacting adoption of Smart Services?
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