As businesses in all corners of the world grapple with the Fourth Industrial Revolution and digital transformation, it’s clear the Internet of Things (IoT) will continue to play a fundamental role. However, IoT is still maturing and, while initial trials and pilot projects are proving the value IoT apps can add, more needs to be done to enable better IoT business models and to achieve optimized monetization. This new report by IoT Now with support from Flexera explores the challenges that enterprises face in developing business and monetization models for IoT.

Key Takeaways

  • How traditional device manufacturers are transitioning to IoT offerings
  • What should manufacturers ask as they transition to IoT offerings
  • How to transition from hardware to software, services and IoT offerings
  • Security considerations in the IoT world

Monetizing the IoT