A new year has barely settled in, and already, the IoT (Internet of Things) is fueling changes in the telco industry. According to Gartner, the 8.4 Billion connected "Things" in use today will balloon to an unprecedented 20.4 billion by 2020. The largely consumer-fueled growth will be driven by three regions: North America, Western Europe, and mainland China.
With price wars dominating the mobile market, MVNOs have to find a way to build customer loyalty and make sure their customers don’t flee when a better mobile offer shows up. Acquiring ‘cheap’ customers can be great for customer acquisition, but running after £10.00 customers should get MVNOs thinking and worrying about the long-lasting impact on their profitability and sustainability.
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.
There’s no question that mobile phones and the internet have completely transformed how consumers and businesses communicate today and these technologies seem to amaze us with their innovation on an almost daily basis.
This all-IP revolution and the evolution to and anticipation for the next-generation network, has brought about the need for the telco industry to undergo a transformation.
Bargain hunting and online shopping have become as much a part of Thanksgiving tradition as the turkey and the stuffing. Researcher ComScore reports that Thanksgiving has become the fastest-growing day for online shopping, with spending topping $766 million in 2013.