Vodafone claims to have become the first global Internet of Things (IoT) service provider to cross 50 million connections. The company is focusing on verticals of automotive, healthcare and utilities.
IoT technologies are not beginning to reach critical mass in the enterprise and are also a core focus of research and development for a wide range of consumer technology companies.
Nick Gliddon, Director – Vodafone Business Services, said, “Crossing the 50 million mark and being a global leader in IoT solutions is a testimony to Vodafone’s commitment and continued focus on innovation in the rapidly growing and dynamic IoT sector. We thank our customers for supporting us and helping us achieve this significant milestone.”
Vodafone offers a range of IoT solutions, including Vodafone Location Tracker, Automotive Telematics, Remote Asset Management, Managed IoT Connectivity Platform, Wireless Payment Solutions, Security & Surveillance solutions, Smart Metering Solutions and Special SIMS.
The most recent Vodafone IoT Barometer report found that:
- 24% of businesses’ IT budgets are being allocated to IoT
- 76% of businesses say that IoT will be ‘critical’ for the future success of any organisation in their sector
- 48% of IoT adopters say they’re using IoT to support large-scale business transformation
- 86% of businesses in the industrial sector — including companies in mining, construction and waste management — say they have seen “significant” return from implementing IoT