What IoT has in Store for Telecom? Source : CIO Applications IoT helps telecom firms by providing business analytics, safety, and remote infrastructure monitoring. FREMONT, CA: the appliance of IoT expands fast across all business domains, creating new values and disrupting traditional business models. Taking the lead on the IoT servitization trend gives telecom service providers great opportunities. IoT empowers telecom firms by enabling them to supply integrated, global services to their consumers, ensuring a seamless service experience. By using IoT, telecom business leaders can gain an outsized volume of knowledge . Firms can develop an information pool with the
assistance of knowledge gathered by IoT sensors. Firms can use this data to assist gain critical business insights. This data will contain insights about customer usage patterns, consistent with which firms can develop predictive models which will assist them in forecasting the upcoming industry trends. Telcos can enable energy-efficient machine-tomachine communication with IoT. Telecoms use GSM and WiFi for machine-to-machine communication usually. Telecom businesses can provide low power WAN in IoT devices for several applications, including smart agriculture, parking systems, and lots of more using low power WAN. Besides, telecom organizations can develop other IoT-based products and services to get new revenue streams within the IoT market. Remote infrastructures eat up a big portion of a
telecoms' operational cost. IoT plays an important role here by allowing remote monitoring and management fo infrastructures. A telecom network will comprise various mobile cell towers distributed across a huge geographic area . Monitoring them for operational efficiency and determining maintenance are essential steps in remote management, and IoT makes it easier. Remote sites are under the danger of environmental hazards, and IoT can help in detecting such conditions too. this will help take hold measures to either take preventions or pack up the system to avoid irreparable damages. Deploying IoT in telecom is all able to transform the role of telecom service providers in allowing communication between people and devices. Therefore, before adopting IoT in telecom companies, leaders must develop an efficient strategy to reap benefits to the fullest.