Vodacom announced on Wednesday that it was averaging 55 000 new Internet of Things (IoT) connections per month in South Africa.
The Vodafone-owned mobile phone operator added that it has exceeded 3 million IoT connections in the country.
“Vodacom is pioneering the next wave of connected things in South Africa. It’s worth noting that it took us eight years to get to two million connections and it took us only one year to get to three million,” says Deon Liebenberg, Managing Executive for Vodacom IoT.
“The rate of IoT adoption is picking up speed locally and with the commercial rollout of NarrowBand-IoT, this is only going to accelerate even faster. The Internet of Things is no longer hype – it’s real and it’s becoming more and more a part of our daily lives.”
Imagine a universe of intelligent products, processes and services that communicate with each other and with people over the internet.
From smartphones and smart meters to medical devices and sensors, connected devices collect data that creates efficiencies and reduces waste for consumers and companies alike.
The Internet of Things (IoT)will transform companies and countries, opening a new era of economic growth and competitiveness, according to the global consulting firm Accenture.
Researcher IDC predicts that the IoT market will reach $7 billion in 2020 and vendors are continuing to invest in various segments of the internet of things (IoT).
In February this year, Vodafone announced that it had become the first global IoT mobile provider to exceed 50 million connections, demonstrating growth of around one million new connections a month, with particularly strong performance in the automotive, healthcare and utilities sectors.
Vodacom opened a Narrowband Internet of Things (NB-IoT) laboratory at its Vodacom World campus in June to commercialise machine-to-machine and IoT systems using Narrowband low power.
Vodacom announced in 2016 that it had started its NB-IoT network build and it continues to invest in the expansion of its IoT offering, a key strategic growth area.