TELECOMMUNICATIONS development of the whole industry .
It ’ s easy to confuse machineto-machine ( M2M ) technology with IoT . The latter is open-ended and full of promise , whereas the former , in reality just a part of the IoT landscape , is already with us . So , though Telefónica USA has no mobile networks of its own , no less than twelve percent of its revenues already come from M2M capability , delivered internationally but billed from America . At present the largest customer base for these services is among automotive manufacturers , who connect their vehicles wherever they are in the world using the different mobile operators that the group has access to . “ The only way to survive is constant change . This digital revolution we are in is probably the biggest change I have seen in over 20 years . We are not going to find growth from traditional telco services , so digital services and data are our future . It has been exciting over the last few years to be based here in the US , because things happen here first !” www . us . telefonica . com 141