Samsung launches IoT monetization service

Samsung is adding turnkey internet of things service plans to its cloud-based open data exchange platform. The company said device manufacturers and service providers will be able to use its Artik IoT monetization platform to generate revenue directly from the interactions of devices and services. The service is meant to reduce go-to-market costs for IoT device manufacturers, who are often on the hook for data costs associated with their products. Samsung said that by providing a brokering, metering and payments system, it can help IoT device makers streamline their costs.

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