Telecom giant, MTN has launched an open Internet of Things (IoT) platform that encourages the connection of devices, thereby forming a network of independent machines that can exchange information and interact without any form of human intervention.
The new platform which is referred to as a PAN-African Internet of Things (IoT), is live in South Africa, and set to roll out out in other MTN operating countries over the next 12 months.
According to MTN, The platform provides a dedicated network to connect devices and systems, removing significant cost and accessibility barriers, ultimately enabling development on a broader scale.
Mteto Nyati, Group Chief Enterprise Officer of MTN said, “To ensure a seamless customer experience for our customers, wherever MTN has presence, the IoT platform has a dedicated network, separate from the consumer network, for operational and business systems support. As a result, the platform is dedicated to managing all MTN’s machine-to-machine functions.”
He further stated that in South Africa, the wholesale Machine-2-Machine (M2M) market, one aspect of IoT, is already worth an estimated R350 million and expected to grow to R1.2 billion by 2017. This means there are significant business opportunities for aspiring developers in South Africa and the rest of the continent.