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 …
What is Consolidated Billing? Benefits + Examples
by Jim Greco on May 4, 2023, 12:19:42 PM
Consolidated billing allows multiple bills for the same customer to be combined into a single invoice. This approach offers great simplicity and flexibility in billing and payments for both businesses and consumers. While consolidated billing is a popular strategy for any business pro …
What Is a Billing Solution and How Can It Grow Your Business?
by Jim Greco on Mar 21, 2023, 12:35:54 PM
In the world of cellular IoT, a streamlined billing solution is vital to managing and monetizing an IoT product. The IoT industry has unique requirements, such as massive-scale deployments of thousands of devices (some with different subscription start dates) and multiple relationship …