M2M Services will Be 20% of Europe Telco Revenue by 2017

Machine-to-machine services aren't generating all that much revenue at the moment, in Europe, representing perhaps 4.2 percent of total revenue in 2011, according to Frost & Sullivan analysts.

Keep in mind that most observers consider "connected devices" such as tablets to be part of the M2M revenue stream. But revenue will grow significantly to more than 20 percent of total revenue by 2017, Frost & Sullivan predicts.

That's a big deal, in terms of new revenue, from new lines of business, in and industry where it is very hard to "move the revenue needle."