M2M communication is extremely powerful and can dramatically improve the functions of commercial banking.
M2M communication represents the communication between two machines or devices through various channels such as physical networks, information-sharing networks, software communication, and application interfaces. The sole purpose of M2M communication is the exchange of information across two or more machines or between software running on those machines.
The concept of M2M communication assumes that no human intervention is required while exchanging information between machines. M2M communication can also take place over wireless networks. Wireless networks have made M2M communication easier and more accessible. The following list includes several common applications of M2M communication:
- Manufacturing
- Smart utility management
- Home appliances
- Healthcare device management
However...
