IoT Benefits and Growth Opportunities for the Telecom Industry: Key Technology Drivers for Companies

Description

This critical and forward-looking book features An assessment of the impact of Internet of Things (IoT) on the telecom industry’s revenue streams IoT-based business models in the telecom industry A PESTLE (political, economic, socio-cultural, technological, legal, and environmental) analysis of the industry in relation to IoT Key technological drivers. It also features a case study of Bell Canada Enterprises (BCE) Inc., which highlights IoT-based business models in the industry. The study reveals that telecom operators have started implementing IoT projects, however, true revenue streams are yet to materialize. Ten IoT-based business models have been identified at BCE Inc. The book points out that operators do leverage existing infrastructure in terms of broadband fiber and mobile connectivity in part and resort to partnerships and acquisitions to acquire much-needed knowledge, technology, and smart devices. Concerning the effect of IoT on the telecoms’ revenue streams, it was revealed that new entrants, who are not necessarily in the telecom industry, have impacted the old players’ revenue streams. OTT services like YouTube, WhatsApp, IPTV, Netflix, are the biggest culprits. Seven key technological drivers for IoT have been identified and include widespread wireless connectivity, the availability and affordability of microcontrollers, sensors and actuators, the decreasing cost of bandwidth, the recent implementation of IPv6, and the ongoing development of 5G network, as well as the use of cloud computing and analytics. Finally, the PESTLE analysis of the industry shows that the lack of a comprehensive political and regulatory framework still slows down IoT deployment. Interoperability, security, and privacy concerns are other constraints. Conversely, general economic conditions in most developed and developing economies are favorable to the advancement of IoT technology. Governments are willing to subsidize R&D and have partnered with the private sector to speed up the roll-out process. Cover Half Title Title Page Copyright Page Table of Contents List of Tables List of Abbreviations Chapter 1: Introduction and Challenges for the Telecom Industry 1.1 Introduction 1.2 Challenges of the Industry 1.3 Leverages and Pressure Points 1.4 Objectives of the Book Chapter 2: Internet of Things: Perspective and Opportunities for the Telecom Industry 2.1 Introduction 2.2 Internet of Things at a Glance 2.3 The Concept 2.4 Why Would Enterprises Embrace IoT? 2.5 Challenges with IoT Chapter 3: Internet of Things in the Telecom Industry: A Survey of Transformation Trends 3.1 Context 3.2 Political Factors 3.3 Economic Environment 3.4 Social Factors 3.5 Technological Sector 3.6 Legal Environment 3.7 Environmental Factors 3.8 Change Drivers and the Impact on the Telecom Industry 3.9 Concluding Remarks Chapter 4: IoT New Business Models and the Digital Transformation of the Telecom Industry 4.1 Definition 4.2 Role of a Business Model in Business 4.3 IoT-Specific Business Models for Telecom Industry 4.4 The Compelling Need to Integrate IoT in the Telecom Business Models 4.5 Key Technological Drivers of IoT and Their Impact on the Telecom Business Models 4.5.1 Widespread Wireless Connectivity 4.5.2 Microcontrollers 4.5.3 Decreasing Cost of Megabit/Sec 4.5.4 Decreasing Cost of CPU, Memory, and Storage 4.5.5 Sensors and Actuators Advances 4.5.6 IPv6 and 5G 4.5.7 Cloud Computing, Big Data, and Analytics Chapter 5: A Case Study: Bell Canada Enterprises (BCE) Inc. 5.1 Methodology 5.2 BCE Inc. Description 5.3 The Case of BCE Chapter 6: IoT and the Future of the Telecom Industry Appendix A: Application Markets for IoT Bibliography Additionnal References Index