In the last decade, the "Internet of Things" has expanded from a small set of
assets with first-generation radio frequency identification (RFID) tags to a
proliferation of devices using a variety of wireless machine-to-machine (M2M)
technologies. By some estimates, there are as many as 10 billion M2M devices
deployed worldwide today, expected to grow to a ubiquitous 30 billion by the
end of this decade.
The power of M2M lies in its ability to capture, transmit and analyze asset
data automatically - without human intervention - and inform business
decisions that increase operational efficiencies, improve service
capabilities and save money.
The supply chain is the primary driver of the explosive expansion of M2M
applications, accounting for as much as 40% of revenue growth in the M2M
market. It's no wonder: manufacturers, distributors and retailers -