By combining Monnit’s sensors with iMetrik’s Cellular
Gateway and Global Network, integrators and users will no longer have to source
the many components and services necessary to monitor and control their assets
or systems.
“The ease of deployment and low costs are the two
factors the M2M industry has been waiting for to reach the potential that
analysts have been predicting for years,” said Michael St-Pierre, CEO of
iMetrik M2M.
According to a new study conducted by Machina
Research, the machine-to-machine (M2M) market is expected to hit 12 billion
devices by 2020, generating EUR 714 billion in revenue.
These M2M connections will account for half of all
global data connections, dominated by consumer electronics and intelligent
buildings.
Both companies announced their partnership last year to offer the Machine-To-Machine
(M2M) market a plug-and-play, end-to-end, cellular enabled wireless sensing
solution.
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