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Monetization, Agile Billing and the 'Internet of Things'

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April 9 was IoT Day – dedicating and showcasing how The Internet of Things is revolutionizing how we live, work and monetize. But jumping in can be a daunting proposition. So many moving parts. How can you pull it off? With help. Probably a lot of it. In this post, we provide a brief overview of some of the main IoT enablement services available to help make your IoT monetization vision a reality in the marketplace. DIY Resources Just to be clear, no enterprise, no matter how large, has all the capabilities in house to bring a complex IoT product or service to market without some outside help along the way. Take Nexia, an IoT service for running your connected home. Creating this offering required a number of specialized disciplines in areas such as device design, electronics, digital systems, application integration and ergonomics, to name just a few. But just bec... (more)

Looking into a Recurring Revenue Model? By @AriaSystems | @CloudExpo [#Cloud]

Prior to launching a recurring revenue initiative, it’s best to take a step back and assess areas of the business to ensure you’re ready for implementation. If you want the competitive advantage, you have to give your customers what they want, when they want it, the way they want it. Successfully delivering a customer experience that meet those expectations challenges your business capabilities, from customer engagement to security and compliance. A successful recurring revenue setup requires proficiency in a set of core business and operational capabilities, including: customer... (more)

From Gaming to Car Rentals By @AriaSystemsInc | @ThingsExpo [#IoT]

As a life-long gamer, I spend an inordinate amount of my time thinking about the vast sums of wealth the gaming industry has squeezed out of me over the last 25+ years. There are two main ways that game companies squeeze some extra profit from their customers in addition to selling games at retail. The first model, the “freemium” model, is well understood by anyone who likes cell phone games. Candy Crush has made millions, $2 at a time. The other method for continued profits after game sales is to require the game to be used in conjunction with a subscription service. We first saw... (more)

Recurring Revenue Systems Performance By @AriaSystemsInc | @CloudExpo [#Cloud]

New Research Reveals Enterprise Need for Increased Recurring Revenue Systems Performance Are you satisfied with your recurring revenue systems? Aria recently sponsored a first-of-its kind study that found: while 80 percent of companies are satisfied overall with their recurring revenue business, over 66 percent of organizations are looking for better performance from the operations that support them. The results detailed from Ventana Research’s survey of finance and IT professionals highlight the value enterprises place on a recurring revenue business for increasing the top line... (more)

Nickelodeon Embraces Recurring Revenue By @AriaSystemsInc | @CloudExpo [#Cloud]

Nickelodeon - The Newest Brand to Embrace the Move to Recurring Revenue Can’t get enough of SpongeBob SquarePants? You’re in luck! Soon you’ll be able to watch your favorite show on demand. Nickelodeon owner Viacom recently announced its plan to offer a stand-alone Internet offering that focuses on mobile viewers for the popular cable channel. Full details and offerings for the plan, which launches in March, haven’t been released yet so it’s still unclear how much subscribers will pay and if they will get the same services as cable and satellite TV subscribers or access to supple... (more)