With the NBN and LTE now well and truly underway it is important to look at what will be the value of this new infrastructure to the development of a network that will be dominated by sensors and devices.
The infrastructure that is now being built offers a range of features such as ubiquitousness, affordability, low latency, high speed and high capacity. It will link millions of devices, such as sensors, that will enable us to manage our environment, traffic, infrastructures, and our society as a whole much more efficiently and effectively.
The Internet of Things' (referring more to personal devices such as wearables and smartphones) and M2M (referring to a more industrial use based on sensors) are going to be real game-changers. They will transform every single sector of society and the economy and it will be out of this environment that new businesses and indeed new industries will be born. LTE and later on 5G will take a leadership role in the development of M2M but the NBN is also a key infrastructure element as more and application will require high quality video. These developments are closely linked to big data , data analytics, cloud computing and data centres and these elements all play a fundamental role in the success of this new infrastructure.
The number of connected M2M devices in Australia will grow to somewhere between 25 million and 50 million by 2020.
In early 2017 Victoria's South East Water was proceeding ahead plans to transform its infrastructure using IoT technology.