B2B and B2C will converge in IoT, says Oberthur

The Internet of Things (IoT) will deliver a new form of commerce in the next few years, says Edward Simonet, M2M director, Oberthur Technologies. The B2B and B2C business models will converge and become B2B2C. Someone buying a fitness monitor, for example, is actually buying access to a service that will store and analyse data, says Simonet: “The device is just the tip of the iceberg.”
November 5, 2014 Read time: 1 min

The Internet of Things (IoT) will deliver a new form of commerce in the next few years, says Edward Simonet, M2M director, Oberthur Technologies. The B2B and B2C business models will converge and become B2B2C. Someone buying a fitness monitor, for example, is actually buying access to a service that will store and analyse data, says Simonet: “The device is just the tip of the iceberg.” However, market analysis shows that in the M2M industry, there are concerns about the vulnerabilities of these new devices being connected to open networks. For this reason, several security measures are likely to be installed, such as a digital signature device to ensure the device’s integrity and gateways to guarantee data privacy.

Related Content

  • Huawei advocates for change
    April 23, 2025
    Achieving technological change also requires a shift in mindset, as Jacky Wang, vice president of Huawei’s Smart Transportation business unit, explains
    Read More
  • Nokia delivers China landslide warning system 
    April 3, 2020
    Nokia has delivered a landslide monitoring and early warning system for highway operations management company BGIGC in China.
    Read More
  • Climate fears driving EV buyers, says Geotab
    October 15, 2019
    Reducing their environmental impact is as likely to persuade UK consumers to buy an electric vehicle (EV) as saving money, according to a new survey. Connected vehicle company Geotab surveyed 3,001 consumers on factors that appeal to them in an EV. Four out of 10 respondents are motivated by reducing their impact on the environment - compared to 45% for lowering running costs and 37% for lowering tax costs. Regional findings showed climate was a priority for nearly half the participants from the So
    Read More
  • Assessing the potential of in-vehicle enforcement systems
    December 4, 2012
    Jason Barnes considers the social and ethical ramifications of using in-vehicle safety technologies to fulfil enforcement functions. Although policy documents often imply close correlation between enforcement, compliance and safety – in part, as a counter to accusations that enforcement is rather more concerned with revenue generation – there is a noticeable reluctance among policy makers and auto manufacturers to exploit in-vehicle safety systems for enforcement applications. From a technical perspective t
    Read More

Highlighted Content