The booming Internet of Things (IoT) is on course to double in just five years, and as exciting as this is, the fast rate of expansion is accompanied by challenging growing pains. The rapid increase in new connected devices is outpacing IoT service providers' ability to keep track of device data consumption, using traditional monitoring methods.
It's become exceedingly difficult to reconcile wireless service contracts with the actual number of active connected objects deployed throughout the world.
Gemalto IoT Connectivity Smart Saver SaaS (Software as a Service) platform solves this problem by automatically and easily monitoring device connectivity and SIM cards in real time, helping to right-size cellular service plans to meet IoT solution demands.
How can I reduce IoT connectivity costs?
The Gemalto platform quickly integrates with IoT Connected Device Platforms (CDP) and provides 24/7 visibility of global data usage in easy-to-understand formats. Advanced algorithms analyze the data; and in a split second, it provides a detailed map of active and dormant devices around the world. Dashboards can be customized to offer key insights per device such as the average connectivity cost and data consumption. The platform makes recommendations for the best course of action to optimize connectivity plans or even take action automatically when authorized.
IoT Connectivity Smart Saver - Features
The business solutions platform provides insights into crucial business KPIs. It supports a variety of use cases divided into three main categories:
The platform offers customers an end-to-end solution in which the analytics segment identifies an issue, and then the automation segment solves the challenge. Other VASs include Connectivity Expense Management (CEM) solutions and other critical features that support customers who source connectivity from various carriers and CDPs.
How effective is the IoT Connectivity Smart Saver?
The various solution dashboards help optimize connectivity and save up to 40% of global cellular connectivity TCO, on average:
- 20% savings achieved by adapting current rate plans to actual data consumption
- 15% savings achieved via SIM status optimization that enables payment for activated SIMs only
- 5% savings results from adjusting SIM procurement with the actual device roll-out
One of our customers using the solution saved up to 28% on its connectivity bill in the very first month of usage. Check the webinar and customer case study below to learn more on the solution and start saving today!
Last updated: November 2018