ExterNetworks Blog Using IoT Data to Generate Recurring Revenue Opportunities

The Internet of Things (IoT) has been forecast to be larger and more significant than the emergence of laptops, mobiles, and tablets, all put together. However, in spite of the IoT's enormous popularity and growth, most organizations fail to cash in on the service revenues from their IoT solutions. You need to bear in mind that the IoT is all about data; it is the services model that will help organizations monetize and build successful recurring revenue models. In this blog, you will learn how just monetizing the IoT is not enough, but building recurring revenue billing models can help you gain the maximum benefits from all that the IoT has to offer. Read on to find out more.