The Jasper Wireless Story
Essay Preview: The Jasper Wireless Story
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The Company and what they do  1.5 mins Jasper Technologies started in 2004 and are based in Santa Clare in California. They are an internet technology company that specializes in the Internet of things .They provide a cloud based Platform for Machine to Machine technology that enables enterprises and mobile providers to launch, manage and monetize IoT service across the USA and now internationally.The Founder and the Eureka moment 1.5  mins The company was founded by Jhangir Mohammed, who is a pioneer and established Veteran in technology. He has worked across board level at …….. and was also the CEO and founder of Kineto wireless where he pioneered the technology that converged GSM & wifi to to GSMA. To take the idea further and create “Jasper Technologies”, he invited co-founders Danny Collins as the CTO wireless and Amit Gupta as CTO –Software30 seconds on the Eureka moment.The idea and why it matters 1.5  mins IoT is not a new concept created by Jhangir in fact it the term was coined  in 1999 by Nritsih entrepreneur Kevin Ashton. What Jhangir did was to exploit its potential.Iot, is revolutionary and will improve the quality of life, reduce waste, drive efficiency, allows us to responds to emergencies quicker and will improve the environment. But this is just the tip of the ice berg as the possibilities are endless.The investment and Journey 1.5 mins
The business model canvas Operated as a virtual company using the connectivity of larger mobile operators for its customers Change in business model : 2mins Large mobile operators, such as AT&T, Vodafone, Telefonica, Orange and Verizon, stepped up their own activities in M2M in 2009 and 2010, Jasper Wireless became disintermediated when the larger physical operators undercut its pricing. As a result, Jasper Wireless refocused on what was really its core asset, the M2M provisioning platform, and started to successfully sell it to mobile operators, such as AT&T, Telefonica, NTT Docomo and KPN. In 2009, Jasper Wireless stopped selling network connectivity to end-user clients.Where are they now and where do you see them going  2 mins Today Jasper is a 1 billion dollar company holding over 20 Patents to its name that give it a short term monopoly to certain platforms and opportunities.The potential for them is immense as they are way ahead of their competitors.Cisco predicts that fifty billion devices will be connected to the Internet by 2020 The UK government recently approved 45 million pounds in research funding for Internet of Things technologies.According to Intel cities will spend $41 trillion in the next 20 years on infrastructure upgrades for IoT.