How IoT is Changing Business for the Better
by Ralph Heredia on Jul 16, 2021 8:00:00 AM
The IoT market is forecasted to grow to an incredible $1.7 trillion by 2025. IoT has developed a well-earned reputation for redefining the consumer experience with many everyday products. However, consumers aren’t the only ones who can benefit — IoT is for businesses as well. Accordin …
Understanding the Differences in Direct Carrier Billing vs. Direct OEM Subscriptions
by Ralph Heredia on Jul 5, 2021 8:00:00 AM
As consumers, we pay subscriptions for all kinds of consumer electronics today. Companies pay via subscription for different back-office software, cloud infrastructure, and more. Because they are so popular and provide a lower barrier to entry for new customers, subscription-based mod …
IoT Security: What It Is, Its Challenges, and Why It Matters
by Ralph Heredia on Jun 4, 2021 12:24:23 PM
While the potential of the Internet of Things (IoT) is expanding, so are its risks. Enabling devices to connect to the internet and to each other can potentially open them up to vulnerabilities — if they haven’t been designed with IoT security in mind. We’ve all heard about the high-p …
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 …
IoT SIM Cards — an Introductory Guide
by Ralph Heredia on May 3, 2021 12:33:05 PM
The IoT SIM card (also known as an M2M SIM) is a variation of the traditional SIM which connects mobile phones to cellular networks and stores user information. The primary difference is that an IoT SIM card is intended to support IoT devices, with their unique data consumption rates/ …
IoT Data Plan Top-Ups: An Examination
by Ralph Heredia on Apr 30, 2021 12:15:14 PM
An annual growth rate of 27%. That’s what market insights group IoT Analytics estimates cellular and LPWAN-connected (low-power wide area network) IoT devices will do over the coming 4-5 years. When these types of devices make up this much of an industry’s future growth, businesses of …
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 …
eSIMs: What They Are, What They’re Not, and When They’re Right for You
by Ralph Heredia on Mar 2, 2021 8:30:00 AM
The physical little chip consumers and companies have inserted into phones and other devices for years may soon be a thing of the past thanks to the rise of eSIMs. The eSIM is already changing the way we connect our devices to wireless carrier networks and eSIM interest is growing rap …
5G and IoT: What It Means for Connectivity
by Ralph Heredia on Feb 26, 2021 9:51:48 AM
5G IoT has the potential to transform industries. 5G’s ability to support high data transfer rates for data gathering with ultra-low latency will power critical services in city and building management, healthcare, supply chains, and more. This post offers an introduction to 5G and Io …
IoT Concepts: Return Merchandise Authorizations, Cellular Subscriptions & SIM Swaps
by Ralph Heredia on Feb 8, 2021 1:41:00 PM
Navigating Product Returns with IoT Devices When selling IoT devices, manufacturers may have to issue a replacement or repair while a device is under warranty. It can be common for devices to break down due to normal wear and tear, especially when IoT devices can be found in so many d …
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 …