Vodafone crosses 50 million IoT connections mark

Bidding big on IoT

By TechRadar India | Apr 21, 2017, 03.41 PM IST
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Telecom giant Vodafone which is also a top Internet of Things (IoT) service provider exceeds 50 million IoT connections. It is showing a growth of around one million new connections a month in automotive, healthcare and utility sectors. Vodafone’s IoT solutions integrate their own and partner networks to deliver simple, globally unified connectivity to customers from nearly every country in the world.

A wide range of consumer technology companies are taking up IoT as the main area of focus. Moreover, IoT has started making its way to critical mass in the enterprise.

India specifically is focusing lot on IoT in recent years, and 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 unfavorable 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.”

According to the most recent Vodafone IoT Barometer report, 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, and 86% of businesses in the industrial sector say they have seen “significant” return after implementing IoT.

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