The IoT monetisation practice
There is no global standard in the way IoT applications are monetised, but there is a commercial trend for market viability. In our on-demand and rental society, IoT enables many ‘products’ to become ‘services’, which are then charged on a service outcome, subscription and/or usage model basis as defined by application value. With an obligation to billing-on-behalf and settling with multiple partners on new metrics, your monetisation operation suddenly becomes more complex and risky. And as a service enabler for many businesses, you have to offer this flexibility from deal to deal.
IoTMonetised is a dedicated solution designed to deliver and manage this complexity and agility for your business.