Industry reports often assume that all connected devices operate 24/7, but this isn't always the case. Large verticals we take for granted have peak seasons and off-peak seasons. For example, the film industry spikes with summer blockbusters, making it an ideal time to gather data on seating, viewership, age, and so on — yet that is precisely when schools close, periodically closing off valuable data that could inform lesson plans, student attention levels, and learning habits.
Four primary challenges of smart billing for seasonal IoT devices
Learn about the four primary challenges of smart billing for periodic or seasonal IoT devices, and how LogiSense Billing empowers enterprises to gather and monetize data effectively, enabling informed strategic decisions to optimize revenue.
Smart Clothing, Athletic Wear, and Connected Sporting Equipment
Smart clothing, also known as e-textiles, and athletic wear present significant opportunities for data generation, informing manufacturing approaches based on usage and wear. However, these items are seasonal by nature. Similarly, athletic equipment like football pads, soccer cleats, and tennis rackets face usage limitations outside sporting seasons. Manufacturers need a platform capable of billing for usage data and adjusting statuses at scale to avoid skewed data from seasonal use.
LogiSense Billing offers capabilities that accommodate various statuses for connected products, enhancing data accuracy and operational efficiency.
Tourism and Related Devices
Tourism-dependent regions see peak activity in summer, affecting the operation of connected devices like rental cars and smart hotel rooms. Seasonal data can inform strategic decisions, such as expanding taxi fleets or adjusting rental pricing.
LogiSense enables enterprises to gather and monetize this data, optimizing revenue and making informed decisions to enhance profitability.
The Construction Industry
Construction is highly seasonal, with little activity during winter or spring in many regions. Construction companies can leverage data on equipment usage, location, and maintenance to improve operations and product delivery.
LogiSense Billing allows enterprises to create monetization strategies based on usage and regional data, helping construction companies optimize resources and generate revenue despite seasonal limitations.
Fishing and Agricultural Manufacturers
Fishing and agricultural equipment are now connected, but their usage is seasonal. Data from these devices can help manufacturers optimize products and supply chains, addressing questions about usage frequency, fuel efficiency, and maintenance needs.
LogiSense facilitates monetization of this data, helping enterprises optimize revenue models based on real-time data.
Optimizing IoT Billing for Seasonal Devices
Not all IoT devices operate continuously, but with a smart billing platform, enterprises can identify new revenue opportunities to offset seasonal revenue droughts. By leveraging conditional logic and real-time data, companies can optimize their operations, enhance profitability, and make strategic decisions to thrive in a connected world.
Contact LogiSense now to learn how our platform can support your IoT billing and data monetization needs.
Ryan Susanna /
Ryan is a seasoned telecommunications expert with a broad background in both the service provider and software vendor sides of the business. Ryan is currently responsible for worldwide sales at LogiSense. During his tenure, Ryan has held executive level positions including Senior Sales Executive, and Director of Sales. In these roles, he has provided strategic sales, product, and market guidance for our next generation IP service management solutions.
