Many businesses are restructuring to focus on the Internet of Things.
IoT companies need to adapt their business models to suit the devices and their customers.
IoT products should benefit consumers rather than simply dazzle them with new features.
A business shouldn’t jump into developing a new IoT product without a plan.
The Internet of Things continues to expand, and several telecommunications companies are working to make it easier to adopt these products and integrate the IoT into daily business operations.
Early adopters will propel the IoT and IIoT market, and providers should use subscription billing to help businesses adopt this technology.
IoT businesses should be careful not to take too many cues from Silicon valley.
Connected devices are a great opportunity for many industries, and provide a great opportunity to be monetized through subscription billing.
The Internet of Things continues to expand and many companies are likely to take advantage in the future.