Monetize IoT Opportunities NOW with Managed IoT Services

August 24, 2015

1 Min Read
Monetize IoT Opportunities NOW with Managed IoT Services

By Oracle Communications

The demand for Internet of Things (IoT) services is expected to explode in the next few years. Communication Services Providers (CSPs) must act now if they want to make IoT services a great capitalization opportunity rather than yet another burden on the capacity of their network.

Delivering IoT and M2M services requires more than connectivity and in spite of their strong interest many CSPs, MVNOs, and Enterprises are unable to harvest these new revenue opportunities. The top three challenges they face with monetizing IoT are:

  • Lack of M2M service expertise and end-to-end offering

  • Investment risk to create a complex industry solution

  • Business and operations support systems unfit for IoT

To overcome these challenges Oracle Communications and Tata Consultancy Services (TCS) joined forces to create a hosted offering of managed IoT Services. This solution enables Service providers to be in control of the IoT value chain by quickly delivering to the market innovative services, with lower entry costs and risk, via a comprehensive managed solution, which offers several white-labeled IoT services that can be rapidly branded, delivered, and supported.

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