The After-Market Machine 2 Machine category of M2M Applications usually involves retrofitting connectivity to products already installed and working in the field, for example connecting vending machines and monitoring environmental conditions.
After-Market M2M solutions tend to automate operations already running and are typically introduced to gain operational cost savings. These applications occur in all business sectors and require high levels of technical support to implement. As a result, they tend to be relatively low to medium volumes and medium to high cost per unit. Break-even point and ROI are important considerations for these and, as M2M solutions’ costs have declined over time, more of this type of application has met breakeven and ROI criteria.