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

  • Preparing for connected vehicle technology challenge
    December 14, 2012
    A decision on mandating connected vehicle technology is expected in 2013, when associated political issues such as privacy are likely to come to the fore. Pete Goldin investigates industry’s preparations for the challenge. Once in a while new technology comes along with the power to revolutionise the way we live our lives. Connected vehicle technology could be such a game changer. If mandated in the United States, it could quickly become the status quo for transportation in the US, and such a disruptive cha
    Read More
  • Panasonic in Colorado: Rocky mountain way
    December 3, 2018
    Panasonic is at the heart of a C-V2X project which began last year in Colorado. The company’s smart mobility boss Chris Armstrong tells Adam Hill how it is working out Colorado needs traffic and transport solutions – and fast. The US state’s population has grown 50% in the last 20 years and another 50% hike is predicted in the next 20. It also spends more than $13 billion in roadway crash costs each year. In 2015, 546 people died in traffic-related crashes, and more than 3,000 were seriously injured.
    Read More
  • MaaS must be seamless and invisible - or forget it
    June 5, 2018
    MaaS experts from around the world converged on ITS International’s MaaS Market Atlanta conference to talk about how MaaS can be implemented in the US. Andrew Bardin Williams had a front row seat. Transportation experts from around the world gathered in the US earlier this month to discuss the future of Mobility as a Service (MaaS) and how it could be deployed in the US market. While most attendees at ITS International’s MaaS Market Atlanta conference were familiar with the MaaS concept, the US’s highly
    Read More
  • UTMC ANPR communications protocol aids traffic management
    January 30, 2012
    Telematics Technology's Peter Billington describes the effort to give English local authorities and police forces a UTMC ANPR open communication protocol. The story of the impact of communication protocols on the development and utilisation of intelligent equipment is a familiar one both inside and outside the ITS industry. At the outset, a company pioneering its latest technology invariably develops a proprietary protocol. This enables the company's products to talk to the customer systems which need to a
    Read More

Highlighted Content