The Industrial Internet of Things (IIoT) is a major trend with significant implications for the global economy
Not surprisingly, the IIoT’s potential payoff is enormous.
According to consulting firm Accenture, the most conservative independent estimates place spending on the IIoT worldwide at $20 billion in 2012, with spending expected to reach $500 billion by 2020. More optimistic predictions of the value created by the IIoT range as high as $15 trillion of global GDP by 2030.
MTN, South Africa’s second-biggest mobile phone operator, through its enterprise arm, MTN Business is gearing up the business for IIoT and wants to be at a forefront of delivering various solutions.
“We are gearing our network to handle connectivity of Internet of Things,” says Melao Mashale, senior manager for Enterprise IoT Solutions at MTN Business, adding that MTN is investing more than R7 billion in the country to improve its network.
This investment in upgrading and modernising MTN’s network infrastructure will ensure that the telco has a holistic approach toward securing connections with the IoT.
He says the enterprise business arm of MTN is working with various companies to deliver IoT solutions.
To deliver various connected car solutions, MTN and Ctrack are planning offer comprehensive vehicle tracking & fleet management solution to business subscribers across Africa.
Through the partnership, MTN’s multinational and Small and Medium Enterprise (SME) customers, will have access to Ctrack’s vehicle tracking and fleet management solution via their local MTN Business operation. This will enable MTN’s business customers to seamlessly integrate a standard fleet management and vehicle tracking solution into their existing mobile network offering, at an affordable rate.
The tracking platform uses MTN’s Pan African Internet of Things (IoT) SIM cards, enabling businesses to benefit from a single rate for IoT activity, across the company’s footprint in Africa. In addition, this will allow for vehicles to be monitored across borders.
IoT communication is used for automated data transmission and measurement between mechanical or electronic devices. It is fast becoming the mainstay of transport operations, where freight needs to be delivered rapidly across borders and where drivers and vehicle monitoring is essential to maintain a competitive advantage and make operations more efficient.
Mashale added that MTN is working with the Original Equipment Makers (OEMs) to build an MTN IoT Simcard.
“This will focus on telemetry and data. There is a big opportunity for the fleet screen to interact with drivers. There is a good opportunity on how we partner with tracking companies,” says Mashale.