The proliferation of the Internet of Things (IoT) comes with numerous potential benefits. Baby monitors, smart meters, even the connected car are all made possible by IoT technology. With this, the sheer volume of IoT connected devices is projected to explode in coming years, surpassing even the number of mobile handsets we use today.
Isn't the text message dead yet? We've been talking about the death of Short Message Service (SMS) for over half a decade now. Surely it's dead by now? But alas, as Mark Twain once said, "The reports of my death are greatly exaggerated," and this is also the case for the humble text message. Despite the rise of the Instant Message (IM) on IP services, SMS is not quite dead yet.
Now that we understand the challenges for today's telcos, we understand that, in order to succeed, telcos need to embrace the changes and challenges within their market. Yes, consumers want different solutions and services than they did a decade ago. Yes, voice calls and SMS messaging will no longer be the core component of increasing ARPU. Yes, the Over-The-Top (OTT) players have changed the game with their innovative eye and quick-to-market solutions.