Three main reasons why IoT acceptance across Financial Services has lagged behind other verticals can be attributed to ill-conceived use cases, security concerns and unclear cost-benefit proposition. Network Slicing, which has been around for sometime now (introduced sometime in late ‘80s), along with Software Defined Networks (SDN) might be those master strokes which bring much needed price-point clarity to Financial Services-IoT. These two capabilities can be used to bridge the gap between Telecom and Financial Services.
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