MachNation announces the availability of its 2018 IoT Monetization ScoreCard, an in-depth rating of 11 Internet of Things (IoT) monetization vendors.
In order to capture the key trends in the ecosystem, we completed an in-depth analysis of the following vendors: Amdocs, Aria Systems, BillingPlatform, CSG International, Ericsson, FTS, Nokia, Oracle, SAP, ZTESoft, and Zuora.
Executive summary (Publicly available):
Full report (Client-only access): 2018 IoT Monetization ScoreCard
MachNation defines IoT monetization as a system that ingests, associates monetary value to, assigns ownership to, and calculates or processes various financial-related transactions on IoT data and metadata. IoT monetization allows businesses to understand how, how much, and how often an IoT device, platform, application, or solution is used.
MachNation has recognized that many enterprises adopt internal IoT solutions like remote asset monitoring, smart metering, fleet management, and factory automation to help drive internal operational efficiencies and lower costs. However, without exceptional IoT monetization, they are struggling to launch new, IoT-based, smart services to their customers, because they have no way to capture the usage data from systems, innovatively charge for the new smart services, and programmatically integrate with other IoT platforms. MachNation’s IoT Monetization ScoreCard has identified leading IoT vendors that offer monetization capabilities to help enterprises and service providers support these new IoT-based smart services.
MachNation’s IoT Monetization ScoreCard is the industry’s most comprehensive review of relevant vendors. The research provides a detailed review of solution capabilities and business strategies.