How to Cost-Effectively Manage IoT Data Plans
by Ralph Heredia on Jun 20, 2023, 10:27:05 AM
IoT devices generate, store, analyze, and transmit large amounts of data, but managing this data can be costly. IoT sensors continuously collect data from their surroundings that is then transferred over a cellular network to the cloud, where it is processed and stored. The true value …
An Introduction to Monthly Recurring Revenue (MRR)
by Jim Greco on Jun 9, 2023, 12:22:08 PM
The Internet of Things (IoT) is rapidly expanding with opportunities for new connected devices. However, the ongoing connectivity and hardware costs associated with IoT devices can pose a significant challenge for OEMs trying to monetize their products. Adopting a recurring billing mo …