The MVNOs Series Glossary
In this brief, yet extremely insightful glossary you will learn the definitions for the key terms used in the MVNO and eSIM industry.
# - A
4G is a fourth generation of mobile phone technology that has superseded 3G.
5G is the fifth generation of mobile phone technology. Far faster than previous generations, 5G boasts potentially 100 times faster download speeds.
Artificial intelligence or AI is the development of computers to perform analytical tasks normally required by humans such as voice recognition and decision making.
Taking inspiration from Linux kernel and other open source software, Android is a mobile operating system developed by Google. It is designed primarily for touchscreen mobile devices including smartphones and tablets.
Considered a new type of virtual operator, AppVNOs have an app-based infrastructure. Their unique selling point is the ability to make calls and send texts via an app and even use an additional mobile number. In most cases, consumers use the apps entirely free by taking advantage of Wi-Fi connectivity.
Augmented Reality is where digital elements are added to a live view to enhance the experience. An example includes snapchat filters.
One of the categories of the Annual MVNOs Awards Party which takes place at the MVNOs World Congress. Venue and date for 2019 are yet to be confirmed, still you can get in touch with Jamie.Newton@Knect365.com for more information.
Big Data is large complex data sets that can be dissected and analysed to identify key issues and trends to address.
Together with Ethereum, Bitcoin is one of the most well-known functioning decentralised currencies not tied to any national bank or state authority.
The technology can be described as an amalgamation of other technologies, such as: peer-to-peer networks, private key cryptography and decentralized exchange protocols. With Blockchain, you have a completely decentralised network which depends on the whole, not single points within it, to operate.
Most MVNOs bill the customer and own the customer database. They are also responsible for customer service, distribution, branding & marketing. Yet, they might not own an interconnect billing system.
CDMA stands for 'Code Division Multiple Access', one of the two major radio systems used in smartphones - the other being GSM.
A digital asset or virtual currency designed to operate as a medium of exchange. Powered by Blockchain, cryptocurrencies use strong cryptography to secure financial transactions, control how additional units are created, and to verify the transfer of property. They are said to have the potential to revolutionise money, banking and fiscal organisations at all levels.
E - M
eSIM or Embedded SIM is as it suggests - a SIM card that is embedded into a cellular device unlike traditional SIM Cards that can be removed and interchanged between device.
Short for the slightly less engaging ‘financial technology’. In its most literal sense, the term can refer to any form of technology used in the fulfillment of transactions or the provision of financial services.
The Global System for Mobile communication is a standard developed by the European Telecommunications Standards Institute (ETSI). First launched in Finland on 1991, it describes the protocols for 2nd generation digital cellular networks used by mobile devices.
Formely known as the iPhone OS, iOS is the operating system created and developed by Apple Inc. to use on iPhone devices back in 2007. Nowadays it powers many of the company's devices such as iPads, iMacs and iPods.
The Internet of Things or IoT, sometimes referred to as Interconnected Devices, describes the ever-growing network of connected electronic devices that have the capability to connect, collect and exchange data. It can be anything that has got an IP address and has the ability for data transmission over a network, the term also includes the communication that occurs between these objects and other Internet-enabled devices and systems
The iSIM technology is an integrated component which is built into the same chip as the processor. In many ways it’s similar to eSIM, but because it takes up less space iSIM is considered ideal for tiny IoT devices.
Mixed Reality (MR)
Mixed Reality (MR) is when Virtual Reality and Augmented Reality are combined to deliver an experience. Microsoft’s HoloLens is the most notable example of this being delivered.
N - Z
OTT or Over the Top is a term used for the delivery of film and TV content via the internet without the use of a traditional cable TV service.
Smart City is a community that has adopted innovative connecting technologies to improve environmental, financial, and social aspects of urban life.
Virtual Reality (VR) is the artificial creation of an environment by computers that delivers the experience to the user that feels real and not fabricated.
VoWi-Fi stands for 'voice over WiFi'. The is a WiFi-based VoIP service where users can use the internet as a medium for telephone calls.