NB-IoT vs. LTE-M: Which Cellular IoT Technology Is Right for You?
by Jim Greco on Aug 6, 2024 12:28:37 PM
While 4G and 5G cellular technologies offer fast data speeds and low latency, they aren’t always the optimal choice for every IoT application. Some solutions need to prioritize low device power consumption and long-range connectivity over ultra-high bandwidth and low latency. For thes …
What is Automated Billing? 8 Benefits for Cellular IoT Devices
by Jim Greco on Mar 7, 2024 10:30:04 AM
IoT billing would be so straightforward if all of your customers’ IoT devices were activated simultaneously and data usage was uniform across all devices. But in reality, device activations are staggered, and data usage is inconsistent due to different applications, locations, and cus …
Cellular vs. Wi-Fi for IoT: Which is Better?
by Jim Greco on Jan 2, 2024 1:00:23 PM
Every IoT device requires Internet connectivity. Take, for example, our customer Bushnell, which manufactures trail cameras for use in remote, wooded areas. Without internet access, there's no way for users to know if a camera's battery is running low. This lack of information could l …
What Is Consumption-Based Pricing & Is It Right for Your IoT Solution?
by Jim Greco on Dec 1, 2023 3:19:48 PM
Consumption-based pricing centers on usage, making it a feasible billing strategy for IoT devices. However, implementing this strategy requires a sophisticated billing platform capable of handling the complexities unique to IoT. At its core, consumption billing relies on a platform to …
What is Network Redundancy and Why Is It Critical for IoT?
by Jim Greco on Nov 6, 2023 9:12:13 AM
Internet connectivity is no longer a luxury but a necessity. Without it, productivity comes to a halt, and businesses face substantial financial risk. IoT products rely on connectivity, and OEMs face customer frustration with a loss of internet and may even put customer assets or secu …
An Introduction to Monthly Recurring Revenue (MRR)
by Jim Greco on Jun 9, 2023 12:22:08 PM
The Internet of Things (IoT) is rapidly expanding with opportunities for new connected devices. However, the ongoing connectivity and hardware costs associated with IoT devices can pose a significant challenge for OEMs trying to monetize their products. Adopting a recurring billing mo …
What is Consolidated Billing? Benefits + Examples
by Jim Greco on May 4, 2023 12:19:42 PM
Consolidated billing allows multiple bills for the same customer to be combined into a single invoice. This approach offers great simplicity and flexibility in billing and payments for both businesses and consumers. While consolidated billing is a popular strategy for any business pro …
What Is a Billing Solution and How Can It Grow Your Business?
by Jim Greco on Mar 21, 2023 12:35:54 PM
In the world of cellular IoT, a streamlined billing solution is vital to managing and monetizing an IoT product. The IoT industry has unique requirements, such as massive-scale deployments of thousands of devices (some with different subscription start dates) and multiple relationship …