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IoT Billing on First Use
If you are involved in providing IoT (Internet of Things) connectivity services to your end customer, then you’re probably aware that your customers are expecting significant personalization when it comes to how your services are deployed.
As competition heats up; customers are not willing to just write a cheque. They expect to pay on usage-based outcomes.
We're here to outline some creative ways you can personalize your usage-based models while protecting your bottom line.
Scaling your System for IoT
Just as the information technology revolution heralded the proliferation of PCs and the mobility revolution the growth of the smartphone, it is expected that the IoT (Internet of Things) revolution will herald the proliferation of smart connected devices.
Complexities of IoT Contract Commitments
All relationships take work to succeed, make yours last with your customer. Service providers need to set up contractual relationships with their customers to ensure a degree of predictability in their customer relationships and partner in their growth.
Step-By-Step Guide to Selecting a Modern Billing Solution
So, you no longer want to keep your service offer bundled up in a straight jacket – fantastic!
We’re here to help.
Choosing the right billing solution partner is an important step towards unlocking new revenue streams.
We know how lengthy and complex the process can be. So to make things easier we’ve put together this step-by-step guide to assist you with the Request for Proposal (RFP) process for a billing solution.
4 Ways to Execute Your IoT Strategy with LogiSense
How are you planning on executing your IoT monetization strategy?
Great ideas are critical to strategic planning, but only execution translates those ideas into IoT business revenue. Successful strategies for businesses in the Internet of Things require a billing solution that scales and adapts with the business model itself. No single solution can achieve that for every business in a plug-and-play style.
Usage Based Billing Examples that Enhance Recurring Relationships
The shift to the usage economy is on the rise across countless industries worldwide, as companies move away from old, cookie-cutter paradigms and mine assets to monetize budding revenue opportunities. The traditional subscription economy that locks customers into long-term relationships will increasingly be a death trap for companies that refuse to innovate with usage-based billing models.