Driving incremental revenue with IoT services

#Discussion(IoTStack) [ via IoTGroup ]

The way to think about the business of https://www.rcrwireless.com/tag/iot”>IoT – the opportunity of it newly enabled by blockchain-based crowd-sourced low-powered IoT networking – is as a virtuous circle where infrastructure set down to drive operational savings also creates new enterprise revenues.With the Helium model the primary calculation does not have to be just about how marginal private IoT use cases – environmental sensing in cities room occupancy in buildings condition monitoring in warehouses predictive maintenance in factories – will deliver a return on their IoT infrastructure investment.

Because by plugging into the global Helium network and mining HNT crypto credits for IoT traffic across their nodes these organizations can also capitalize on the biggest IoT use case of them all: logistics.This is the new IoT reality for any organization with control of real estate whether public authorities or private enterprises just as it has been for everyday residential customers which have also seized on the opportunity to grow the Helium network – as ‘the people’s network’ to more than 700 000 IoT hotspots worldwide.Helium’s client-hosted IoT network now offers low power wide-area (LPWA) LoRaWAN connectivity in around 52 000 cities in 169 countries.

For organizations looking to network their own IoT sensors to gain insights into their assets and processes the Helium model presents an opportunity secured in blockchain to de-risk their investments and to bring in new income.The impact for enterprises is substantial making IoT accessible scalable and profitable – with lower deployment costs for basic infrastructure incremental revenue from passive HNT income and crucially operational efficiencies from all the in-house IoT that becomes affordable and effective.The alternative in non-Helium LoRaWAN models is higher-risk ‘sunk costs’ predicated on parochial IoT cases and marginal IoT gains – multiplied upwards by the complexity of the operating environment and the number of enterprise venues.

Read More..
AutoTextExtraction by Working BoT using SmartNews 1.03459572184 Build 04 April 2020