Technology to facilitate a changing business model
Machine-to-machine (M2M) communication is a technology that exists today, which uses the internet to automate the collection of information without human intervention. If designed with a flexible approach, it enables information flow from any machine to any back office system. Connectivity to equipment anywhere in the world opens the opportunity for the OEM to promote a service-based business model that utilises this information. M2M communications technology has been a vision for some time; the ability to network many machines enabling information to be gathered and distributed on a regular basis. However, it is now beginning to be rolled out across many applications today. Applications such as water monitoring, utility automatic meter reading, pipeline and oil well monitoring, beer flow measurement/monitoring, security systems, gaming machines, vending machines and so forth all have a servicebased element above and beyond the supply of the equipment.
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