Brazilian government readies M2M and IoT plan

The strategy will foster the development of related technologies and creation of new businesses

The Brazilian government is working on the creation of policies focused on machine to machine (M2M) and Internet of Things (IoT) technologies.

Government officials and private sector representatives have formed a working group to set guidelines to foster research and development activities as well as the creation of related businesses.

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The opportunities within the M2M/IoT arena in Brazil are huge: within the public sector alone, there are 100 million devices that could support provision of services such as water, gas and electricity that could lead to smart metering and cost efficiency.

According to the telecommunications secretary at the Ministry of Communications Maximiliano Martinhão, one of the group's goals is to connect isolated M2M and IoT initiatives that are currently going on in Brazil.

"The government's role is to connect solution providers with those who need those solutions. The market potential of these technologies, be it in terms of device manufacturing or systems development, is enormous," Martinhão says.

It is expected that the plan will be presented by the end of this year.