IoT Agenda:

Subscription models


June 22, 2018  10:15 AM

Four steps to monetizing the internet of things

Eric Free Eric Free Profile: Eric Free
apps monetization, Business model, Data monetization, Enterprise IoT, Internet of Things, iot, IoT analytics, IoT data, iot security, monetisation, Open source, Subscription models

The internet of things is expanding its reach! Early last year, Gartner calculated that around 8.4 billion IoT devices were in use in 2017, up from 31% in 2016. It also noted that this number is set to reach...

June 5, 2018  2:43 PM

IoT gives rise to machine as a service

Manuel Grenacher Profile: Manuel Grenacher
IIoT, Industrial IoT, Internet of Things, iot, lifecycle management, machine, Service management, subscription, Subscription models

We all know full well by now that the internet of things is well established in the technology universe, and it's continuing to grow, spreading roots across a variety of industries. Take manufacturing, for example. Because of the growing IoT and industrial IoT, factories are now getting smart. The...


January 30, 2018  12:24 PM

Subscription and pay-per-use IoT revenue models

Eric Free Eric Free Profile: Eric Free
Internet of Things, iot, IoT hardware, revenue, SaaS, Subscription models

Many connected industrial devices, like robots, motors, drives, controllers or medical devices, typically generate revenue through a traditional hardware-based monetization model. That means customers buy the device and might also sign up for a services or maintenance package. Yet, that model...


December 4, 2017  12:51 PM

Rolls Royce does it, GE does it: Why you should embrace outcomes-based delivery

Athani Krishnaprasad Profile: Athani Krishnaprasad
IIoT, Industrial IoT, Internet of Things, iot, IoT applications, IoT devices, manufacturer, manufacturers, Manufacturing, outcomes, Predictive maintenance, subscription, Subscription models, subscriptions

You're a manufacturer of industrial refrigerators or wind turbines. You've built your business on selling goods to other companies or households, promising customers a high-quality product and the satisfaction of at least five years of function. And when parts snap or fridges stop cooling food,...


August 11, 2017  1:27 PM

The subscription economy: Innovative IoT providers move to Opex revenue

Eric Free Eric Free Profile: Eric Free
apps monetization, Capex, Data monetization, Internet of Things, iot, Opex, revenue, Revenue Generation, subscription, Subscription models, subscriptions

Hardware goods fall victim to the slim margins of commoditization. Fortunately for IoT providers, value-added software enhancements can significantly extend the use of devices and increase monetization options. The rise of the subscription economy means that revenue streams shift from customers'...


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