The Internet is the true driver of digital transformation in our society and economy.
Looking at the forecasts:
The global IoT market size stood at US$ 150 billion in 2018 and is expected to reach US$ 1.5 trillion by 2025
By 2021 there will be over 30 billion connected devices and more than 75 billion by 2025
(Source: Statista and IoT Analytics)
These are just numbers, but there is more behind them.
Sensor systems and communication technologies create digital replicas of real things, about their nature, where they are and how they move.
The ignorance we had about our things in the past seems almost stone-age. Having no idea what is happening right now is unthinkable for modern businesses.
But what happens when the individual objects and sensors are put into context? What can we recognize then?
New insights that open up new paths.
For us, IoT 2.0 is the step from the Individual Thing to the Intelligent Interaction of Things.
MAVOCO is committed to innovation as a leader in Connectivity Management Platforms. We see the foundation of any digital business models as subscription management and the transformation of connected sensor events into billing to customers.
MAVOCO has redefined both areas and made them IoT 2.0 and 5G-ready. We see both as one.
Our technology supports almost every digital business model.