Internet of Things: Enabling Device Manufactures cash on Intelligence through Subscription Model/SaaS

Device Manufacturers have been selling their hardware’s with embedded software’s to their customers. Majority of their revenues come from device sales and AMC associated with the devices. However, these devices capture huge set of health data and it has lot of value. Both the manufacturer and the customers are largely dependent on these silos of data to learn about the health of the system, performance and durability, etc. In this whitepaper, we discuss about the volumes of data generated, ways to generate meaningful insights from these data securely at the customer level. Monetizing the insights will essentially lead the device manufacturers towards subscription based business model. Let’s look at how this can be accomplished easily using a SaaS framework.

Spotlight

Thin Film Electronics

Thin Film Electronics ASA (Ticker: THIN.OL) is a leader in the development of printed electronics. The first to commercialize printed rewritable memory, Thinfilm is creating printed system products that will include memory, sensing, display and wireless communication—at a cost-per-functionality unmatched by any other electronic technology. Thinfilm's roadmap of system products integrates technology from a strong and growing ecosystem of partners to enable the Internet of Things by bringing intelligence to disposable goods. Specialties Printed Memories, Printed Electronics - Temperature Threshold Detection Smart Labels, Integrated Printed Systems, NFC enabled smart labels, Printed Sensor Devices, NFC OpenSense™, EAS Electronic Article Surveillance

OTHER WHITEPAPERS
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The Internet of Things Has a Gateway Problem

whitePaper | June 15, 2016

The vision of an Internet of Things (IoT) has captured the imagination of the world and raised billions of dollars, all before we stopped to deeply consider how all these Things...

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Taming the Internet of Things with KNIME

whitePaper | March 1, 2016

There is an explosion of sensor data becoming available, leading to the term Internet of Things. But how difficult is it to pull all that data together to use it to make more intelligent decisions? In this paper, we pull 8 public sensory data sources, transform and enrich them with responses from external RESTful services mainly from the web in order to create profiles and segments around customers.

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IoT AND PRIVACY BYDESIGN IN THE SMART HOME

whitePaper | June 20, 2017

The Internet of Things (IoT) has become a globally recognized term in workplaces and homes, and in a literal sense could be used to describe anything that is connected to the internet. However, if you ask what sort of devices are included in the IoT, then you are likely to get differing answers with respondents describing the devices they have come into contact with, or know about. This can include everything from cell phones, smart bulbs, fitness trackers, smart speakers and dishwashers, all the way to water quality sensors in pumping stations.

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Internet of Things (IOT) Security Whitepaper

whitePaper | February 11, 2018

IOT (Connected Things) are growing at an unprecedented pace. The diversity and intimate nature of many of these sensor gives them access to data that is highly private. Many metering applications underpin data that is fundamental to charging of products and services; it is part of the core business model. More advanced actuator applications, grant total control to complex machinery and automobiles.

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INDUSTRIAL INTERNET OF THINGS (IOT) AND DIGITAL TRANSFORMATION

whitePaper |

Digital Transformation may be defined in a number of different ways by analysts or enterprise software vendors. But at its heart is the idea that as we use more digital technologies, those technologies change the way we live and, more pointedly, the way we conduct commerce. Businesses are introducing new technologies in innovative ways to reduce cost, create new revenue opportunities and improve the customer experience.

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How the IoT Increases Visibility of Assets Throughout the Supply Chain

whitePaper | July 10, 2019

In an increasingly complex and globalized logistics landscape, being able to accurately track, manage and optimize assets as they move throughout the supply chain can be a huge advantage for businesses. But generating realtime data on mobile assets has traditionally been difficult to achieve. Containers and pallets are often transported through remote areas that have low connectivity and limited global positioning system (GPS) coverage, making them difficult to locate. Or alternatively, they can be located inside, making them difficult to track without a clear view to the sky for GPS location.

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Spotlight

Thin Film Electronics

Thin Film Electronics ASA (Ticker: THIN.OL) is a leader in the development of printed electronics. The first to commercialize printed rewritable memory, Thinfilm is creating printed system products that will include memory, sensing, display and wireless communication—at a cost-per-functionality unmatched by any other electronic technology. Thinfilm's roadmap of system products integrates technology from a strong and growing ecosystem of partners to enable the Internet of Things by bringing intelligence to disposable goods. Specialties Printed Memories, Printed Electronics - Temperature Threshold Detection Smart Labels, Integrated Printed Systems, NFC enabled smart labels, Printed Sensor Devices, NFC OpenSense™, EAS Electronic Article Surveillance

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