User:Sharrison2012/sandbox

M2M (Machine-to-Machine) Industry Challenges Being Faced by M2M Hardware Manufacturers

What exactly is M2M? M2M stands for machine to machine and deals with technologies that enables both wired and wireless systems to exchange data with other devices of same capabilities. The category it falls under is known as the Information and Computing Technology (ICT). M2M links communication, computer and power technologies to allow remote human and machine exchanges with physical, chemical and biological systems. Within the M2M realm there exists many applications for multiple vertical markets, however even though there are many M2M market studies indicating an enormous growth potential, the M2M industry is still struggling to piece together all technologies involved. For instance, although the demands for M2M connectivity have increased dramatically in the past few years, there may be signs that the industry is experiencing growing pains, and some observers believe that fragmentation could potentially hamper growth. As a result, many M2M network providers, both satellite and terrestrial, are building key strategic partnerships with communicator manufacturers so they can be assured that their network will be in a position to deliver high quality, reliable M2M solutions regardless of any shake-out or growing pains in the M2M world.

Almost every industry has discovered, in one way or another, that the adoption of modern M2M technologies can provide them with cost effective asset tracking, management, and control. This growing awareness has led to the current rush to adopt M2M technologies. All indications point to an M2M industry which is experiencing an ever increasing demand for their products; product and technologies which do not simply add additional layers of complexity to an organization's operations and asset tracking needs, but instead, tie together and operate seamlessly with existing standards and systems to provide real measurable efficiencies, cost savings and business-reliable data which results in larger bottom line revenues, better business intelligence and smarter decisions.