Vodafone has claimed to become the first global Internet of Things (IoT) mobile provider to exceed 50 million connections, mostly in the automotive, healthcare and utilities sectors. Company said that it has been serving around one million new connections a month, which is driving its growth significantly.
Vodafone said that its IoT solutions are integrated with its own and other partner networks to provide customers with simple, globally unified connectivity services spanning nearly every country on earth.
IoT technologies are now beginning to reach critical mass in the enterprise and are also a core focus of research and development for a wide range of consumer technology companies.
In India, Vodafone’s range of IoT solutions include Vodafone location tracker, automotive telematics, remote asset management, managed IoT connectivity platform, wireless payment solutions, security & surveillance solutions, smart metering solutions and special SIMS designed for operating in harsh conditions.
Nick Gliddon, Director – Vodafone Business Services, said, “Crossing the 50 million mark and being a global leader in IoT solutions is a testimony to Vodafone’s commitment and continued focus on innovation in the rapidly growing and dynamic IoT sector. We thank our customers for supporting us and helping us achieve this significant milestone.”
The most recent Vodafone IoT barometer report found that:
# 24% of businesses’ IT budgets are being allocated to IoT
# 76% of businesses say that IoT will be ‘critical’ for the future success of any organisation in their sector
# 48% of IoT adopters say they’re using IoT to support large-scale business transformation
# 86% of businesses in the industrial sector — including companies in mining, construction and waste management — say they have seen “significant” return from implementing IoT
“We’re working on the world’s largest IT integration project, and I expect the Vodafone managed IoT connectivity service to comprise at least 60 per cent of this project. We have 1,000 villages already connected, and we’ll reach 18,000 within three years. Vodafone gives us the ability to scale quickly,” said Ritesh Sutaria, CTO & Co-Founder -Prompt Softech.