6 Great Examples of IoT in Retail
by Frank Greer on Jan 17, 2022 8:00:00 AM
Adoption of the internet of things is growing exponentially across many sectors, and that includes retail. In fact, over 70% of North American retailers have expressed an interest in reinventing their supply chain with IoT-enabled solutions. When you think of the hundreds of thousands …
33 IoT Terms and What They Mean
by Frank Greer on Jan 12, 2022 3:51:04 PM
Technology has a language all its own, and this is certainly true when it comes to the Internet of things (IoT). As you build and grow your connected solution company, it will be helpful to familiarize yourself with IoT terms as you explore the exciting ways IoT is transforming busine …
Essential Components for a Successful IoT Ecosystem
by Frank Greer on Dec 8, 2021 11:30:30 AM
You don’t need to fully understand the intricacies of how IoT works in order to run a successful connected device business. But it’s helpful to know the basic IoT components that make up the ecosystem and how, together, they work to function as a whole. Let’s take a look at the six ma …
Smart Farming: How IoT Is Transforming Agriculture (+ Examples)
by Frank Greer on Oct 26, 2021 12:10:31 PM
According to the United Nations, the world population is expected to grow to 9.8 billion by 2050. The internet of things (IoT) is poised to bridge the gap between current agricultural production levels and what will be required to support the needs of the world’s increasing population …
Product Manager's Guide to IoT Fleet Management
by Frank Greer on Sep 29, 2021 8:00:00 AM
Fleet management operations of all sizes are taking advantage of the many ways IoT can improve their performance, including efficiency, safety, and ease of management. And the opportunity for further innovation using IoT is significant. A 2019 report from MarketsandMarkets estimates t …
Guide to IoT in Transportation (+Examples)
by Frank Greer on Sep 20, 2021 11:56:34 AM
The Internet of things (IoT) is improving the safety and efficiency of both public and private transport, benefitting municipalities and businesses operating in the transportation industry. The market growth projections for IoT in transportation are astounding, though not surprising, …
IoT vs. M2M: What’s the Difference?
by Frank Greer on Jul 26, 2021 2:20:34 PM
If you’re confused by the difference between IoT and M2M, well, you’re not alone. Even some of us in the industry consider these technologies to be the same, but with different labels. Let’s walk through what each is, the differences between them, and how to decide what technology to …
Understanding IoT Data Plans: What is Right for Your Solution?
by Frank Greer on May 10, 2021 12:06:42 PM
There’s no one-size-fits-all IoT data plan, making it difficult to know what to expect when you’re preparing to launch a new IoT solution. In this post, we share how to choose an IoT data plan and what considerations to consider when evaluating connectivity providers, so you can have …
What Is the IoT Subscription Model, and What Are Its Benefits?
by Frank Greer on Apr 1, 2021 11:04:16 AM
The explosion of interest in IoT devices has created a wealth of opportunities for companies selling IoT products and related services. With the rise in opportunities has come a need for flexible monetization options. While a variety of business models can effectively capture IoT valu …
5 Effective Types of IoT Business Models
by Frank Greer on Mar 16, 2021 3:33:48 PM
One of the first things you’ll want to consider when planning to sell connected products is your IoT business model. Your ability to monetize the value of your IoT offerings is instrumental to your success as a business. Let’s explore the most effective types of IoT business models an …
IoT Subscriber Churn What It is, How to Measure It, and Why It Matters
by Frank Greer on Feb 4, 2021 9:36:33 AM
The subscription billing model is ideal for many businesses because it benefits both the provider and the customer. Using a subscription model solves IoT billing challenges effectively and enables customers to pay in monthly installments instead of investing a large amount of money up …
What is an IoT Platform?
by Frank Greer on Feb 1, 2021 6:45:00 AM
IoT technology opens up tremendous possibilities for businesses. However, without a centralized IoT platform, you must identify and string together a collection of different components — which is time-consuming, difficult to manage, and not cost efficient. By using an IoT platform, yo …