Auckland, New Zealand – According to Vodafone’s new M2M research paper, manufacturers – particularly those creating the latest consumer electronics – can use M2M to transform their products into smart, connected devices.
The paper, titled The state of M2M in manufacturing and consumer electronics, reveals that 49% of respondents in this sector say the top motivator for M2M adoption is competitive advantage. Manufacturing and consumer electronics is a highly competitive market and finding the next big revenue opportunity is vital – and M2M could be just what’s needed.
Manufacturers know that in order to compete and grow, they have to innovate constantly and find new products that add value for customers. But differentiation of the end product is not enough. Manufacturers must create value-added services to include with their products that are not easily copied. These might include warranty, asset tracking, security and predictive maintenance services. M2M can enable all these value-added services for manufacturing businesses.
These findings are key highlights from Vodafone’s main research paper, The M2M adoption barometer 2013, which discusses the global adoption of machine-to-machine (M2M) communications for operational efficiency, amongst other advantages. It confirms the broad industry and global coverage of M2M technology and how the effects are transforming large and small scale businesses.
To download The state of M2M in manufacturing and consumer electronics and to learn more, visit m2m.vodafone.com/barometer.