One of the most exciting innovations right now in M2M communications for the Internet of Things is Narrowband IoT (NB-IoT) - a 3GPP wireless standard for Low Power Wide Area Networking (LPWAN), supported by the GSMA. Offering excellent outdoor and indoor coverage despite low power requirements, this new technology is a particularly cost-effective, efficient narrowband solution for connecting all sorts of devices. The potential is enormous, with usage researchers at Strategy Analytics forecasting some five billion LPWA connections worldwide by the year 2022, expected to generate revenues of USD 14 billion. Hot on the heels of this news comes the worldwide roll-out of the Cisco Jasper Control Center connectivity management platform - the first commercially available global NB-IoT platform, which enables businesses to manage both NB-IoT and cellular devices.
"NB-IoT dramatically reduces the power and cost of connectivity, so now even the most simple things will be capable of delivering valuable IoT services. This is going to drive exponential growth in the IoT industry, and one size will not fit all," explains Daniel Collins, Vice President IoT Products at Cisco. "We designed Control Center for NB-IoT to address a broad range of low power use cases and business models - from a water meter that sends a burst of data once a week, to a city parking meter that handles transactions at all times of the day and night. Companies need the flexibility to get and pay for connectivity based on the value that each of those transactions represents to their business. We are excited to support our service provider partners and enterprise customers in China and around the world in their quest to cost-effectively deliver meaningful business outcomes."
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