WASHINGTON, 24 April, 2018 /PRNewswire/ --
A new Ericsson (NASDAQ: ERIC) study, Exploring IoT Strategies,
provides unique insights on Internet of Things (IoT) value chain
positioning from 20 leading telecom service providers globally as
they engage with, and position themselves in, the IoT market.
The study identifies an IoT positioning framework, which
captures service providers' roles, and sub-roles, in the IoT value
chain. The study also provides commercial insights, key
capabilities required and case studies for each role.
While revenue growth is the unanimous key driver for telecom
service providers entering the IoT market, the report reveals that
multiple paths are being pursued to achieve that revenue growth,
with 70 percent of the interviewees having no well-defined
strategy.
In addition, the interviewed service providers believe cellular
IoT and new 5G technologies will be a game changer in IoT.
The four service provider role categories identified by the
study are: Network Provider, Connectivity Provider, Service Enabler
and Service Creator. While the network provider and connectivity
provider roles are seen by the interviewees as foundational roles,
driving most of their IoT revenues, 80 percent of study
participants also plan to create value beyond connectivity. Service
providers see that additional value can be created either by
providing differentiating services through sub-roles within the
four roles, or by progressively offering end-to-end solutions as
service enablers or service creators.
Jeff Travers, Head of IoT,
Ericsson, says: "The report confirms the importance of IoT to the
current and future business of leading service providers, no matter
where they operate in the world. Regarding IoT as a new type of
business, service providers are investing in new technologies and
establishing new business models for revenue sharing and increased
use of indirect channels. They are also creating new delivery
models for as-a-service and online services and driving innovation
with partners and customers."
Related reports:
The Guide to Capturing the 5G-IoT Business
Potential (gated) is a comprehensive guide for telecom service
providers on how to start their IoT business today and grow with
5G. It is derived from insights gained from an analysis of over 200
5G use cases.
The 5G Business Potential Report The second edition of this
report analyzes the 5G business opportunity for telecom service
providers that comes from industrial digitalization.
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About Ericsson
Ericsson is a world leader in communications technology and
services with headquarters in Stockholm,
Sweden. Our organization consists of more than 111,000
experts who provide customers in 180 countries with innovative
solutions and services. Together we are building a more connected
future where anyone and any industry is empowered to reach their
full potential. Net sales in 2016 were SEK
222.6 billion (USD 24.5
billion). The Ericsson stock is listed on Nasdaq Stockholm
and on NASDAQ in New York. Read more
on www.ericsson.com.
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Ericsson Exploring
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