Back to Blog • Posted on November 23, 2015 by admin
Machine to machine technology, M2M, (also known as the Internet of Things) is a fast emerging, powerful segment of technology. The emergence of M2M is one of the signs of an increasingly, complex and inter-connected global society. As the number of devices grow, the need for them to connect will be vital for consumer and industrial systems to function properly. For industrial applications, the implementation of M2M networks can assist with security, increase an enterprise’s competitiveness, and help drive down operational costs. Because of these possibilities, machine to machine technology has been adopted for industrial use.
Advancements in M2M technology are changing the healthcare sector as M2M is used in hospitals and medical facilities worldwide. A fast growing aging population and chronic illness is one of the major factors driving the use of M2M technology in health.
Hospitals are often tasked with the goal of lowering occupancy rates while still providing quality care. One use of M2M in healthcare involves the use of remote monitoring devices. These devices allow patients more control and involvement over their own treatment and doctors with a more constant insight into the health of their charges.
A current application of M2M in healthcare can be seen in the new ways some patients with chronic heart problems are treated. Wireless devices such as the HeartAssist5 are cloud based. Patients can be remotely monitored by trained technicians carefully while in their homes or even traveling. Trips to the hospital are lessened significantly and the patient is able to enjoy more flexible treatments.
With the advent and expanding usage of smart metering, M2M is showing up in utilities more frequently. Many regulatory bodies and governments are beginning to mandate smart meters as a way to reduce energy consumption and improve services for consumers. M2M smart metering gives consumers the ability to self monitor their own energy consumption using real time data. M2M technology for utilities can extend to water gas, and energy management as well as the increased development of smart homes.
Oil and Gas
Machine to machine technology is also popular in the oil and gas industry with growth expected at an compound annual rate of over 20 percent. In this industry, remote communication and monitoring are a near necessity. Concern for environmental safety and compliance and the lowered costs of satellite transmissions is driving the use of machine to machine technology in oil. M2M devices are able to prevent potential leaks by monitoring the flow rate in pipelines as well as monitoring for components like compressors, well-heads, and tanks. On shore field equipment and pipeline monitoring are frequent uses of M2M.