As we reach the close of 2020, the make-or-break moment for telecom companies to realize the potential from IoT is becoming clearer. The promise of a new phase of digitalization driven by multiple converging enablers – robotics, AI, AR, and other digital interfaces – is here. Additionally, 5G rollouts promise to enable additional IoT use cases previously unattainable or difficult to scale. In this next phase, digital enablers will not only support and improve existing use cases, but also enable the development of entirely new solutions to industry problems.