What is the "Internet of Things"?
In 1999, when the Internet was still in its infancy, a British man named Kevin Ashton coined the term “The Internet of Things” (IoT). At the time, this phrase was a simple prediction of how the Internet would develop and enhance our day-to-day lives. Kevin forecasted that eventually, all physical objects would be interconnected through embedded electronics and they would be able to communicate and transfer data through the Internet.
It has been over 15 years since this theory emerged, and our new reality is the Internet of Things. We see this in Mobile World Congress’ theme, “A Connected Life”. Companies were showcasing revolutionary new personal products such as smartphones, virtual reality headsets, smartwatches, and even enterprise solutions for next-generation software defined networks.
The rise of M2M
Statistics show that by 2020, there will be 24 billion total connections and $1.2 trillion USD generated in the machine-to-machine (M2M) market. The rise of M2M is underway and because of this, network operators connected devices and 1.2 trillion USD worth of revenue are faced with new challenges. Most machines aren’t as intelligent as smart phones, so connecting to these machines and coordinating their services on demand requires a Lifecycle Service Orchestrator.
Why is LSO the next big thing?
CENX wants to ensure that a connected life is an agile life for software defined networks operators and virtualized service providers with the use of Lifecycle Service Orchestration. With Cortx Lifecycle Service Orchestrator, we're actually allowing our service provider customers to get connected to their data services. We provide a real-time search capability, and the ability to take that search and turn it into actionable analytics and actionable management capabilities. Because of this, the carrier gets better agility in how they're bringing services to market and how they're managing their ongoing services.“54.6% of operators regard their OSS systems as ‘outdated’ with a need to be updated or overhauled, according to the survey results. Sixty percent (60%!) said they were lacking a capability to launch new services in a cost-effective and time-effective manner”.
To learn more about how Lifecycle Service Orchestration can help manage the complexity associated with the Internet of Things and how it can ensure the best user experience, read the free White Paper “Service Orchestration for Next-Generation SDN & NFV Networks”.