Welcome!

@ThingsExpo Authors: Liz McMillan, Zakia Bouachraoui, Elizabeth White, Pat Romanski, Yeshim Deniz

Related Topics: @ThingsExpo, Java IoT, @CloudExpo, @DXWorldExpo

@ThingsExpo: Blog Feed Post

Internet of Things Trends to Watch By @AriaSystemsInc | @ThingsExpo [#IoT]

The market for wearables is advancing beyond the realm of wristbands and smart watches

3 IoT Trends to Watch in 2015

The dust has settled from CES 2015. The Internet of Things was front and center throughout the show, a reflection of its rapidly expanding presence in products and services for consumers and businesses alike. IoT played a vital role in hundreds of products on display, including dazzling innovations such as self-driving cars and the latest drones. Here are three trends that emerged from CES that will shape the direction of IoT monetization in 2015 and beyond.

Wearables move beyond the wrist
The market for wearables is advancing beyond the realm of wristbands and smart watches. Connected wear is now available from head to toe.

  • Headgear: Headsets that alter reality are nothing new. But Microsoft HoloLens, announced shortly after CES, is certainly new. It enables users to interact with holograms in the real world and, according to company executives, has the potential to radically enhance surgical procedures, vehicle design, collaborative work and play. Other new head-worn IoT gadgets include Thync, which influences brain waves to shift mood and energy levels, and Linx IAS, a real-time concussion detection system for athletes.
  • Body wear: Below the neck, the evolution of biometric clothing continues. Look for more offerings like Hexosin, the body wear that tracks performance in a broad swath of athletic activities.
  • Footwear: Walking to work or on the job may soon take half the time thanks to Rollkers, sensor-powered “under shoes” that the French company behind them touts as the “ideal personal transit accessory.”
IoT+CES+2015

Companies are stepping up to corral home devices
A legitimate industry fear is that a profusion of incompatible, hard-to-manage IoT devices will create chaos for users and make smart homes not quite so smart — or attractive to buyers. Understandably, making home devices work better together emerged as a key theme for 2015 from CES. Google and Apple — no surprises there — are each staking claims in how the coming multitude of home-based IoT devices should interoperate.

Nest Labs, owned by Google, is expanding its “Works with Nest” program with more product offerings from its growing network of OEM partners. The initiative gives homeowners a unified way to control a range of connected devices inside and outside the home, including appliances, cars, fitness bands, smoke alarms, garage doors and sprinklers.

Also making their debut at CES were several gadgets built with Apple HomeKit, Apple’s development platform for ensuring device compatibility. HomeKit products on view struck very similar themes to those built for Nest. They included remote locks, home device routing systems and smart electrical plugs, all of which can be controlled by voice command through Apple’s Siri system. Question is, will HomeKit and Nest devices talk to each other? Only time will tell.

IoT billing models are becoming more dynamic
A third significant trend emerging from CES is that billing schemes are continuing to undergo rapid change. IoT products and services coming to market this year will rely on a broad assortment of monetization models, including freemiums, premiums, upfront payments, subscription and usage, often in combination.

Here are three offerings from CES that leverage IoT technology to generate recurring revenue.

  • An IoT system that lets you remotely lock and unlock your doors from any location sounds swell, until it’s hacked. That scenario is what Bitdefender BOX is designed to prevent. Available with a one-time cost plus an annual subscription, the device protects connected IoT devices in the home from Internet-based security threats.
  • GM is adding new concierge services to its subscription-based OnStar service, turning its cars into veritable rolling hubs of IoT connectivity. With the services, drivers wirelessly receive coupons and discounts when they come within range of participating restaurants, stores and hotels as they tool around town, along with real-time GPS data about available parking spaces.
  • With more than thirty IoT sensors packed into its sleek frame, the all-electric Gogoro Smartscooter™ can learn a rider’s habits to improve performance with every trip. But its most revolutionary feature involves refueling — recharging will take just six seconds through a planned network of cloud-connected swappable battery recharging stations available through a subscription.

While consumer products dominated CES (it is the Consumer Electronics Show, after all), this same billing trend applies equally to B2B markets. The upshot is that in order to match the versatile monetization options new IoT products and services require, billing systems will need to be more flexible and nimble than ever.

Eileen Bernardo

The post 3 IoT Trends to Watch in 2015 appeared first on Recurring Revenue Blog | Aria Systems.

Read the original blog entry...

More Stories By Aria Blog

The Aria blog is the place for news, commentary and discussion on monetization, agile billing and IoT. We cover a variety of topics including forces of market disruption, the Monetization of IoT, billing best practices, trending news and what monetization will look like in the future. Our hope is that you’ll become better informed, be entertained and in turn share your thinking, ideas and comments.

IoT & Smart Cities Stories
IoT is rapidly becoming mainstream as more and more investments are made into the platforms and technology. As this movement continues to expand and gain momentum it creates a massive wall of noise that can be difficult to sift through. Unfortunately, this inevitably makes IoT less approachable for people to get started with and can hamper efforts to integrate this key technology into your own portfolio. There are so many connected products already in place today with many hundreds more on the h...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Early Bird Registration Discount Expires on August 31, 2018 Conference Registration Link ▸ HERE. Pick from all 200 sessions in all 10 tracks, plus 22 Keynotes & General Sessions! Lunch is served two days. EXPIRES AUGUST 31, 2018. Ticket prices: ($1,295-Aug 31) ($1,495-Oct 31) ($1,995-Nov 12) ($2,500-Walk-in)
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
René Bostic is the Technical VP of the IBM Cloud Unit in North America. Enjoying her career with IBM during the modern millennial technological era, she is an expert in cloud computing, DevOps and emerging cloud technologies such as Blockchain. Her strengths and core competencies include a proven record of accomplishments in consensus building at all levels to assess, plan, and implement enterprise and cloud computing solutions. René is a member of the Society of Women Engineers (SWE) and a m...