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Monetization Debt, the Avoidable true cost of Copy & Paste

Technical debt is a commonly understood term within the software industry, representing short-term gains in exchange for ongoing maintenance costs. Similarly, "Monetization Debt" causes various expenses to businesses that compound over time, especially when customer-specific customization is required. Early on, these customizations are manageable, but as a business scales, manual billing processes can become a significant burden.

Ryan Susanna
Jun 20, 2024
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Challenges of Monetizing the Internet of Things

Monetizing the Internet of Things (IoT) continues to be a complex yet critical endeavor for businesses. In 2024, the landscape has evolved, presenting new challenges and opportunities for companies looking to leverage IoT technology effectively.

Tim Neil
Jun 20, 2024
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4 Ways to Execute Your IoT Strategy with LogiSense

Great ideas are critical to strategic planning, but only execution translates those ideas into IoT business revenue. Successful IoT strategies require a billing solution that scales and adapts with the business model. No single solution can achieve that for every business in a plug-and-play style.

Ryan Susanna
Jun 20, 2024
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Usage Based Billing Examples that Enhance Recurring Relationships

The shift to the usage economy is rapidly expanding across industries, as companies move away from outdated models to capitalize on new revenue opportunities. Traditional subscription models that lock customers into long-term contracts are becoming less effective. In today’s market, customers demand customized billing services and refuse to pay for unused services.

Flat-rate plans offer predictable revenues but miss a growing market segment. Agile companies recognize that complex usage billing models have a significant business impact. By adopting hybrid models, businesses can enhance margins, retain clients, and predict churn through automated analytics, ensuring long-term success.

Explore the examples below to see how various billing formats can drive revenue growth and effectively meet customer needs.

Ryan Susanna
Jun 18, 2024
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Understanding the Shift to Usage-Based Models

As consumers become increasingly conscious of their spending and the value they receive, the demand for usage-based billing models is on the rise. This shift is reshaping how businesses, especially service providers, need to operate to stay competitive and meet consumer expectations.

Adam Howatson
Jun 18, 2024
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Welcome to the Usage Economy®

The usage economy is a pay-for-use business model that offers an optimized exchange of value between businesses and customers. By utilizing usage-based pricing, businesses can set accurate price points, allowing customers to pay for what they use.

Flavio Gomes
Jun 14, 2024
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The Growing Appeal of UCaaS

As businesses face rapid digital transformation, the integration of Unified Communications as a Service (UCaaS) emerges as a crucial strategy. With an anticipated 40 billion connected devices by 2025, UCaaS offers enterprises unparalleled scalability and flexibility in communications, catering to the dynamic needs of modern businesses.

Ryan Susanna
Jun 13, 2024
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The Era of Seat Based Subscription Billing is Nearing its End

The shift from traditional seat-based subscription billing to more flexible, usage-based models is gaining momentum. This change is driven by the need to better align pricing with actual usage and customer needs.

Ryan Susanna
Jun 13, 2024
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5 Mission Critical Considerations for Back Office Usage Rating & Billing Solutions

The enterprise ecosystem is on the brink of a transformative explosion with projections of 40 billion connected devices by 2025. This growth is reshaping the service provider landscape, necessitating consolidation and network convergence, and demanding unprecedented granularity and flexibility in service offerings.

Chris Brown
Jun 13, 2024
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