Tackling the Challenge of Monetizing IoT Devices
Sensors can be found in just about everything thanks to the advent of IoT devices. IoT and M2M have become very popular topics of discussion lately.
Sensors can be found in just about everything thanks to the advent of IoT devices. IoT and M2M have become very popular topics of discussion lately.
IoT is a booming industry. Now the question is how it can be monetized.
The IoT has created different ways to create a unique monetisation model provided you’ve got the flexibility and the agility to really make use of them. Today we’ll be looking at two of the ways the IoT has changed how things are monetised but also made it easier to automate the management of products by connecting them to the internet.
There are a number of ways to define “connected cars” – all of which related to the ability of the car to connect sensors, devices such as smartphone or tablet, or car ports to enable a number of functions including navigation, checking the state of the components such as the engine, infotainment, home/office, infrastructure, businesses, services and many more.
Everyone has heard people talking about the Internet of Things (IoT), but just what is it? The Internet of Things is about connecting and giving intelligence to everything. A smart thermostat is one of the most well-known examples of the IoT. These are able to connect with your smartphone, gain an understanding of when you…