Business Cases For IoT

Blog Forums Welcome to IoT World Forum Business Cases For IoT

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    • #6293
      Mazlan Abbas
      Keymaster

      Ted Chan interestingly highlighted one of the hottest topic surrounding IoT.

      How do we make money out of IoT? Where’s the money? Which industry is the top money spender and maker? How much money can we make? Are we ready?

    • #6325
      norzal ghazali
      Participant

      commercially many ways we can money… same as the other IT solution that we presented…. however, IOT is a bit different; in such we can do the charging based on results-based. E.g. when doing IOT for predictive analysis; we can share the savings that is derived from the analysis done from the IOT data collected….

      • #6598
        Mazlan Abbas
        Keymaster

        Yes, it goes beyond service-based business model but outcome-based business model.

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