Welcome!

@ThingsExpo Authors: Elizabeth White, Zakia Bouachraoui, Liz McMillan, 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
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
The Jevons Paradox suggests that when technological advances increase efficiency of a resource, it results in an overall increase in consumption. Writing on the increased use of coal as a result of technological improvements, 19th-century economist William Stanley Jevons found that these improvements led to the development of new ways to utilize coal. In his session at 19th Cloud Expo, Mark Thiele, Chief Strategy Officer for Apcera, compared the Jevons Paradox to modern-day enterprise IT, examin...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...