Operators and telecommunications players have demanded an improved regulatory environment for start-ups and SMEs in the region to promote the development of the Internet of Things during the Arab Advisors Conference celebrated in Amman, Jordan.
“The start up environment is not very encouraging from a regulation perspective,” said Irfan Verjee, principal service provider transformation group at Cisco Systems during the opening panel on the Internet of Things.
Verjee added that some countries in the region are already intoducing better regulation and encouraging entrepreneurs to create start-ups. “[Development of] the Internet of things will start with fueling start ups and entrepreneurs, as they will fuel the technology,” he said.
Ziad Matar, senior director business development at Qualcomm, added that regulations that help operators to invest are needed. “Companies and SMEs are working to build the ecosystem, we need major initiatives that aim to enhance the Internet of things in general,” he said during the panel.
Jean François Thomas, CEO at Orange Jordan, added that regulators should not see the Internet of Things opportunity as a “golden cash cow” and he highlighted that operators need more spectrum.