Today, enterprises are beginning to adopt IoT at an accelerated rate. A multitude of sensors collecting previously inaccessible data are
monitoring, controlling, improving operational efficiency and generating new revenue streams. Those sensors are sending data
over the existing enterprise connectivity infrastructure, once built and managed by service providers.
However, IoT connectivity is expected to generate only 10% of the revenue generated from IoT applications.
In IoT, the application providers will reap most of the profits. Luckily, service providers are best equipped to provide enterprise IoT applications.
Previously the barriers to service providers building enterprise IoT applications were; long development time periods for each customer,
and significant amounts of engineering hours. These barriers made providing enterprise applications profitably difficult.
However, this is no longer the case.