Revenue from licensing fees has long been a staple for enterprises. Recently, recurring billing models have driven greater revenue compared to traditional one-time payments. Initially, customers welcomed subscriptions with flat monthly fees for core features. However, they now demand higher...
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Ryan Susanna
Monetization aficionado exploring the more advanced pricing models for the Enterprise
The Internet of Things (IoT) is rapidly expanding, with predictions of 27 billion devices connected by 2025, transforming both consumer and B2B sectors. This growth is not only introducing innovative devices into homes but also revolutionizing traditional machine-to-machine (M2M) communications,...
Subscriptions have simplified the customer buying process, but many companies are now opting for usage-based pricing for more customer-oriented services and revenue growth. Platform providers in IoT, Communications, Cloud, and Software need to handle complex billing for millions of customers...
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,...
Managing IoT contract commitments can be challenging, but understanding these complexities is crucial for success. Here’s how to navigate them effectively. Understanding IoT Contract Complexities IoT contracts are intricate due to diverse requirements such as ramp-up schedules, various states of...
According to the latest IoT industry reports, the global IoT market is expected to reach $1.1 trillion by 2026, driven by increasing adoption across various sectors such as healthcare, automotive, and smart cities. Monetizing IoT effectively requires innovative strategies tailored to this rapidly...
The evolution of the Internet of Things (IoT) and maturing underlying technologies are giving businesses new and unique ways to communicate, connect and collect data like never before. With businesses bringing in unique offers and contracts to tap into and attract their customer base, there is an...
MGI reports that 42% of companies suffer from revenue leakage, a significant issue that often goes unnoticed. Even small, continuous losses can accumulate to hundreds of thousands or even millions, severely affecting profits, especially for those with tight margins. By mastering the strategies...
Is your telecommunication company at a tipping point of change? Leaders in the telecom space have the opportunity to diversify operations for greater revenue beyond their current models. Monetizing the flow of B2B sales data alone is projected to be valued at $33 billion by 2025, by strategically...
You have an outstanding SaaS product with features that provide great value to your customers. But how do you price the product to remain competitive without compromising profits? We understand pricing is challenging; you don’t want to scare off prospects with high prices, nor do you want to leave...