Heavy Reading: Cellular Technologies Will Play a Leading Role Advancing the Internet of Things
November 12 2018 - 4:00AM
New White Paper and Webinar Explore How
Commercial Service Providers are Preparing to Make the Most of the
IoT Opportunity Worldwide
Cellular technologies are vital to the growth of the Internet of
Things (IoT), according to a recent global survey of commercial
service providers, commissioned by InterDigital, Inc. (NASDAQ:
IDCC), a wireless technology research and development
company. The study, conducted by Heavy Reading, found that
evolving cellular standards and technologies, especially LTE-M, 5G
and NB-IoT, were rated by CSPs as the most important in driving
IoT’s long-term opportunity and growth.
A Nov. 14 webinar, Cellular IoT: A Consensus Around
Leadership Emerging, will discuss the drivers behind the findings
and what it means for the future of IoT. A new white paper,
IoT in a 4G/5G World, takes a closer look at how CSPs are preparing
to take advantage of 5G to deliver extensive machine-type
communications (mMTC) and low-latency mission-critical services,
considered to be key components of the evolving IoT.
While both large and small CSPs worldwide see IoT as a nascent
technology and industry, there are regional differences in how CSPs
are approaching new revenue-generating opportunities. The
results of the survey showed that:
- Transport and logistics ranked as the top vertical opportunity
in Asia and Europe and captured the second spot, behind healthcare,
in the U.S.
- Between 2018 and 2020, the vertical industry focus is expected
to shift to industrial IoT, followed by healthcare and consumer
IoT. Europe is the outlier, as transport and logistics are
expected to comprise the most important market there through 2020,
with consumer IoT not even in the top three.
- Security is one thing everyone agrees on. Overall and
across all regions, security is the number one functionality that
CSPs consider important for their IoT strategy.
“While various IoT access technologies perform for specific use
cases, it’s clear that cellular will play a critical role,
especially for high-value IoT applications,” said Mike Jeronis,
Vice President, Product Development, Chordant. “The more
complex mobile applications such as connected cars, drones and
robotics, which are poised to take off in the next four to five
years, will require the ubiquity, low-latency and reliability being
built into the evolving 5G standards today.”
About Chordant™
Chordant, an InterDigital business, is part of a global company
passionate about innovation and a standards-based
approach that stimulates thriving global
ecosystems. Solutions powered by the Chordant platform address
the fundamental challenges in Smart City deployments. Like a
perfect chord of musical notes, the Chordant platform brings
harmony to diverse devices, data and services. We have created one
of the largest Smart City deployments, integrating
hundreds of transport data sources into a transport data
marketplace. Our Smart City solutions have also been
recognized by leading analyst firms and organizations. For more
information, visit: www.chordant.io.
About InterDigital®
InterDigital develops mobile technologies that are at the core
of devices, networks, and services worldwide. We solve many of the
industry's most critical and complex technical challenges,
inventing solutions for more efficient broadband networks and a
richer multimedia experience, years ahead of market deployment.
InterDigital has licenses and strategic relationships with many of
the world's leading wireless companies. Founded in 1972,
InterDigital is listed on NASDAQ and is included in the S&P
MidCap 400® index.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
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InterDigital
Contact:Patrick Van de WilleEmail:
patrick.vandewille@interdigital.com +1 (858) 210-4814 |
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