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How Value Added Services Enable Equipment Providers to Best Monetize IoT

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The growing network of interconnected devices, vehicles, homes and consumer products known as the Internet of Things (IoT) is transforming industries and personal lives. OEMs looking to capitalize on this growing market must rethink their business models. Pivoting from selling one-time hardware to billing consumers for ongoing services is something few IoT businesses have experience with, let alone the necessary systems, data, capacity or skills. Despite these real challenges, the future for OEMs is in becoming a value-added service provider (VASP).

Read this actionable white paper and learn about:

Consumer and business IoT differ, but monetization is a constant

Value-added services can take many forms

Subscription models, attention to churn among requisites for VASPs

Charting the way forward

To learn more, download this comprehensive white paper today.

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