"These managed solutions offer a unique proposition to the local business community," he said. "They offer local businesses wireless device connectivity, collective economic opportunity and the ability to streamline their operational processes with a view to boosting their business bottom lines. M2M provides local business owners with more information about their business processes and more automation with which to manage assets and increase productivity. M2M will also allow them to provide their own customers with a new generation of services at lower costs."
He added that M2M could also play a role in near field communications (NFC), logistics and transportation, financial institutions, security and surveillance, retailers, and healthcare.
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