May 18, Sprint announced the launch of the Sprint IoT Factory, a game-changing online marketplace that represents businesses with a wide selection of complete, ready-made boxed solutions that leverage the power of IoT to help them do business smarter. Envisioned as an online marketplace offering a broad range of ready-made Internet of Things solutions, the platform is meant to help enterprises embrace IoT in a swift and easily scalable manner which will allow them to partially or fully automate their operations, consequently making them more efficient.
Asset tracking, performance analysis, and automation are just some of the solutions presently being sold through the Sprint IoT Factory, with small and medium-sized businesses now having access to the same technologies that many large enterprises have already been using for years at a flexible, scalable cost. By opening the IoT segment to all types of companies and startups, Sprint is hoping to support innovation in a wide variety of industries moving forward. The move comes amid the advent of 5G that’s expected to bring the IoT sector to the next level, allowing for numerous new use cases, particularly for wireless carriers who are expected to start profiling themselves into full-fledged partners of their clients instead of just service providers.
Reports say that more than 550,000 developers are already offering their creations through the Sprint IoT Factory. With no IT experience needed, users can simply visit the digital store and will be able to access a wide range of options – from refrigeration and temperature monitoring for grocery and convenience stores, to energy management tools that save businesses money. Developers are also invited to build their own solutions if needed.
Besides selling solutions directly to customers, Sprint partnered with The Goldie Group and myDevices to allow for wholesale operations, partner channels, and other forms of reselling. The Sprint IoT Factory is expected to continue operating if the telecom giant’s merger with T-Mobile is approved, albeit likely under a different name. Sprint identified IoT as one of its core focus points starting with 2018, whereas T-Mobile is also touting the emerging segment as a potentially massive growth generator but has yet to detail its long-term strategy in the field.