December 12, 2024
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| 2 minutes read
IoT: How to enable smart and cost-effective remote monitoring

If your company's daily controls and monitoring are expensive and inefficient, there are now Internet of Things (IoT) solutions that offer affordable and timely answers. These tools enable remote monitoring of vehicle or bus fleet units and allow the remote control of utility meters for customers, among other applications.

IoT implementations connect devices, objects, software solutions, processes, and people in real-time, capturing relevant information and sharing it among systems and stakeholders. This transforms a "dumb" asset into a "smart" one by collecting data and various variables in the field according to specific needs. They do so cost-effectively and efficiently, using tools such as SIM cards—small chips that allow devices to connect to the Internet and communicate with each other.

IoT SIM cards differ from traditional ones used in cell phones and other mobile devices. They are specifically designed for their functions and optimized for low-power, low-bandwidth applications. Additionally, they are more secure and reliable, making them ideal for critical infrastructure and industrial applications.

Expanding applications
In logistics, for example, a SIM card can be inserted into trucks or buses in the fleet to track vehicle movement. These developments further facilitate route calculation, fuel consumption monitoring, cargo or passenger transportation scheduling, and more.

In the utilities sector, a SIM card can be placed in meters to enable remote telemetry, eliminating the need for on-site professionals to check each consumption reading.

IoT implementations extend beyond these fields, with applications in:

Connecting objects
Interconnecting systems and objects is the hallmark of the times. A PwC report predicts that IoT devices will become ubiquitous shortly, with the total number expected to grow from 16.4 billion in 2022 to 25.1 billion globally by 2027. The consumer sector (lighting, security, and entertainment systems) is projected to experience the most remarkable growth. Still, commercial applications will take center stage, particularly in commercial and industrial electronics and IoT medical devices.

Statista data indicates that the number of IoT devices worldwide will nearly double, rising from 15.9 billion in 2023 to over 32.1 billion by 2030. In 2023, the consumer segment accounted for approximately 60% of all connected IoT devices, a proportion expected to remain steady over the next decade. Other high-growth areas include connected autonomous vehicles, IT infrastructure, asset tracking and monitoring, and smart grids.

At Plusmo, we offer a significant advantage in IoT services: our SIM cards can operate across multiple networks (all three mobile operators in Argentina), allowing network switching without replacing the card. If the current mobile network signal is lost, the SIM automatically connects to the network with the strongest available signal. This feature enables users to select a primary mobile network and rely on others as backups. Additionally, our clients can manage all their SIM cards through a single platform.

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