Business Cases For IoT

[Mazlan Abbas]

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?

[norzal ghazali]

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….

[Mazlan Abbas]

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

[Author]

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