As seen above, the business opportunities that IoT presents are immense. Considering the rate at which IoT devices are increasing, IoT as a business tool will become indispensable in the coming years. Hence, it is vital for telecom operators to plan for the future and integrate it in their operations as soon as possible. To make the most of these opportunities, telcos need to partner up with an IoT connectivity provider that can offer: 1. Reliable connectivity for ensuring the connection is maintained between the sensors, the connectivity needs to be consistent. 2. Security IoT devices are susceptible to hacker threat, which is why; a sound encryption is an absolute necessity for safe operation of IoT devices. Besides the above mentioned attributes, it would be best if the IoT connectivity provider can also double up as a billing provider. Monetization of IoT services is essential to reap rich rewards in the longer run and hence, an