IoT has been proving revolutionary for global industries, including retail, agriculture, automotive, and more. Each industry has its own set of IoT development services and use cases, giving a 360-degree transformation to all operations. IoT itself is heavily reliant on the telecom industry, which not only acts as the enabler of this technology but also stands as one of the biggest industries benefiting from IoT development services.
Telecom businesses have tremendous growth prospects with the help of IoT apps and services. Market studies show that IoT would generate $1.8 trillion for mobile network operators by 2026. IoT helps telecom businesses capitalize on the advanced technology stack by expanding its service spectrum, helping improve the processes, and boosting the quality of products it offers. Let’s explore how IoT touchpoints are changing telecom for the better.
IoT Use Cases Telecom
1. IoT for Industrial Monitoring
Real-time visibility is one of the most required features for a thriving business. Accurate data collected from IoT solutions enable decision-makers to make informed strategies. The data and patterns collected here help forecast potential business outcomes.
The telecom industry connects all the business aspects to help businesses achieve this target. These connected devices send data to the IoT system for the business managers and owners. Consider having a wide fleet network for instance. In absence of this data, it is impossible for managers to identify the current location of the fleet, their productivity, their ETA, and potential delays. Since the data is lacking, they are unable to plan for the shortcoming and hence, suffer losses at times.
This is where telecom operators can help with custom IoT solutions. By connecting all the complex industrial components, they help you track aspects such as temperature, end-to-end process visibility, production efficiency, and more. Collected data helps with cost-saving, limit errors, and boost security.
2. IoT for Asset Monitoring
Consumers directly interact with the telecom businesses, and this them on the frontline of potential asset-related issues, such as theft, security breaches, and more. Not only this, telecom businesses also invest a lot in assets such as towers. This requires them to stay updated on the location of their assets and their usage. IoT-based asset monitoring systems allow the same. They offer a comprehensive system to the telecom businesses that takes care of:
Real-time Asset Tracking
Asset tracking allows businesses to track their assets in real-time. They can know the location of their assets at any given point of time, and optimize its utilization for maximum value. Round-the-clock asset tracking also allows business to secure their resources against theft, and breaches. IoT-based asset tracking solutions work with RFID tags where every asset is assigned with corresponding tag. Once the potential problems are analyzed the concerning department is instantly notified. Asset tracking also allows businesses to track important details about the asset such as purchase date, maintenance schedule, and more.
Asset and Data Security
Data security is a cause of concern for global organizations. Enterprises experience 130 security breaches every year. With annual cybersecurity incidents increasing at 27.4% per year, enterprises have increased their investment in cybersecurity solutions by 22.7%.
IoT-based solutions keep a constant check on the online assets and track them for signs of security breach. They match current activities against the past patterns. This helps them flag any potential red flags that authorities can take care of.
Asset Maintenance
With so many assets that are spread across diverse locations, it is difficult for businesses to stay on the maintenance schedule. This causes them to run into unplanned downtimes due to asset failure and reduces asset lifetime. IoT-based solutions keep a constant check on your assets to forecast and plan maintenance.
3. Smart Offices and Homes
Smart offices and homes are emerging as a popular demand among the consumers. Helping users monitor their homes and offices from remote locations, smart systems are enabling a newer and connected world.
For instance, suppose you leave your home in a hurry and forget to turn the AC off. IoT applications installed on your phone will raise an alert and can switch it off even from your vehicle. In the absence of these solutions, the users will have to bear consequences such as energy wastage, more expenses, etc.
Similarly, some of the smart systems even track human presence around them and turn the electronics ON and OFF. They can also analyze if the user is approaching nearby, and send an alert asking them if they need certain devices turned off.
Also Read: How to Build Smart Building Management Software for Your Office?
How to Begin IoT Telecom Software Development?
IoT software development does not limit to the solutions alone. It also encompasses figuring out the right set of hardware for the business, and how to align it with a result-driven software solution. An accurate IoT development roadmap takes care of the challenges you are looking to address and the goals you are trying to achieve.
These are factors to look for when hiring an IoT telecom software development company:
- Experience in IoT development
- Hands-on experience in IoT telecom software development
- Quality of IoT development services they offer
- Reviews and ratings from recent clients
- Overview and expertise of their IoT projects
- Additional USPs in IoT development
At Matellio, we take care of all these requirements with our experienced business technology consulting experts. Let’s talk about our process in detail.
1. Analyzing Your Business Readiness for IoT and Identify the KPIs
The initial stage is to understand your requirements in detail and help you uncover potential gaps you can fill with IoT telecom software development. You also need to ensure that you have listed all the KPIs against which you will analyze the progress of IoT development in your organization.
Our business technology consultants will help you achieve this target while creating the right success roadmap for you. For instance, just developing a data analytics system is not enough, you also need a reliable system that securely collects this data and helps manage it. With the inclusion of Telecom CRM Software Development, you can enhance data management capabilities tailored to your needs. As IoT relies on this data, it is essential for your business to answer the following questions:
a. What data management tools are you using for IoT telecom software development?
IoT telecom software development comes with a lot of data and it only grows with time. Your team needs to ensure that this data is securely saved. Any data breach may cost your business reputation and cause the loss of very important business data.
b. Is your security infrastructure up for the challenge?
The higher number of devices means a higher number of entry points for cyber security threats. This puts your data at risk which needs a strong security backup in the form of encryption, blockchain, frameworks, etc.
Read More: Digital Transformation in Telecom – Unlocking New Horizons for Industry Growth
c. How to integrate IoT telecom solution with legacy systems?
As an IoT telecom software development company, we follow standardized processes and industry guidelines. We understand that the IoT system should be extensible to the existing ERP solutions.
Our IoT consultation experts can help you here. With our experience in delivering telecom solutions for global finance organizations, we hold the right technology insight and understanding. Our expertise can help you create the right IoT implementation strategy and maximize your returns from the investment.
Read More: Discover how IoT deployment services can revolutionize your business operations, enhance efficiency, and drive growth in the digital age.
2. IoT Telecom Software Development
Matellio follows agile methodology for custom enterprise software development. These are the stages that we generally go through.
Step 1: Discovery of all the IoT development requirements for your bank
Step 2: SRS creation with scope freezing
Step 3: UI/ UX development
Step 4: Hardware/ software development
Step 5: QA and testing
Step 6: Bug fixes
Step 7: Deployment
Also Read- IoT Software Development: A Complete Guide
Are You Ready to Start IoT Telecom Software Development?
Matellio can help. While our development process gives you deep insights into the kind of services we offer, we also provide a comprehensive range of IoT development and IoT consulting services. Whether you need to build a solution from scratch or extend the functionality of existing systems, we have a team that can help you. Our full gamut of services includes:
Wide-area IoT solutions
IoT consultation
Vertical IoT apps
Edge computing and apps
In-depth user data collection and analytics
Cloud enablement
And a lot more. To know more about how we can help you, reach out to our team right away.
