CTIA Super Mobility 2016

August 12th, 2016 | Posted by Louie Conceicao

CTIA Super Mobility 2016
Join LogiSense at CTIA Super Mobility 2016, the premier event for everything wireless where you will learn how to monetize the Usage Economy to transform and propel your business into the future.

At this cutting edge event, you will experience the technology, people, trends and ideas driving our industry forward and connecting our world.

See LogiSense CEO, Flavio Gomes present “Exploring IoT Business Models for Generating New Revenue Streams” in the M2M Zone on September 7th at 2PM. 

 

Meet with LogiSense in the Innovation Zone at booth #4010 and learn how you can generate recurring revenue, differentiate your offerings, and manage the billing complexities associated with the tremendous volumes of devices from the emerging IoT marketplace.

 

Location: Sands Expo, Las Vegas, NV
Date:  September 7-9, 2016
Booth:  #4010
Registration: www.ctiasupermobility2016.com

 

If you would like to meet with LogiSense and learn how we are helping service providers to monetize their service offerings, fill out the form below or email us at sales@logisense.com.

I attended the IoT World 2016 conference a couple weeks ago in Santa Clara, California.  What a fantastic event with over 10,000 attendees including a diverse array of exhibiting companies, and keynotes and breakout sessions covering a wide range of vertical market challenges and industry specific issues.  I sat in on most of the keynote presentations and a good sampling of the breakout sessions.  There were a few common themes that emerged from the sessions and from talking to many of the attendees. 

Depending on whom you talk to, the IoT space is expected to hit the $7 trillion to $20 trillion mark by 2020.  At the same time, it seems there still is a certain amount of hype in this space and it may take a few years before we see the IoT fully mature as a technology and become more mainstream.  The main challenges I heard most included cost, lack of standards, security, and product knowledge as key barriers for some to move into the adoption phase.

The Connected Car sessions seemed to be the most popular and best attended with several of the breakouts overflowing with attendees.  There are a lot of innovations happening in this vertical, from self-driving cars to a slew of new business models. One of the areas that I find to be particularly interesting is the concept of “mobility as a service”.

It is a common impression, and a subject of much debate, that companies like Uber are disrupting the taxi business model. Harvard Business Review recently ran an article in which the authors argue that the Uber model is not actually all that disruptive to the taxi industry. One of the authors of that article was Clay Christensen who is the architect of the theory of disruption and a leading authority in this area.  It does appear however that even if ride sharing companies like Uber are not disruptive to the taxi industry, they just might be disruptive to the overall auto industry.  With the combination of increased urbanization and the convenience of ride sharing services such as Uber, we could actually see subscription based service models where people sign up for a mobility service and pay based on usage.

Another interesting related trend is usage based leasing.  With advanced telematics in cars, it is possible to not only monitor mileage, but also other parameters such as wear and tear. Rate plans can be put in place to charge based on these inputs with tiered overages. It should be very interesting to watch this space, given LogiSense’s strong play in rating and usage based billing for the IoT.

Privacy and security are proving to be considerable issues to resolve moving forward.  As devices start to communicate with each other and send data to the cloud, it will be critical to ensure that trust zones are established and the appropriate governance is in place to protect confidential information.  This is something that we take quite seriously at LogiSense and need to continue to focus on moving forward as we become a strategic partner in this fast growing space.

Lastly, with all of these smart devices generating volumes and volumes of data, analytics starts to gain in importance.  Data is not valuable in itself unless you can find a way to analyze it in order to make good business decisions.  Most analytics solutions available today focus on reports, dashboards and charts. In the future we will need to see more sophisticated solutions that focus on predictive analytics and eventually machine learning.

Overall the IoT World conference was a great event and I fully expect that the Internet of Things has the potential to change the world for the better.  It should be fun to watch and see.

iot-world-2016Join us at Internet of Things (IoT) World 2016, the world’s largest and most comprehensive IoT event where you will learn how to leverage the power of the IoT to transform and move your business forward.

LogiSense provides a usage rating and billing solution that dynamically converges subscription and usage based business models. With LogiSense now you can monetize, in real-time, any triggered event in the digital world.

Take control of your service offerings today and proactively perform with the agility and accuracy required to stay relevant and vital in this time when the consumer dictates usage, be it individual, enterprise or M2M.

 

Save the date and meet LogiSense to learn how you can Monetize the Usage Economy!

Location: Santa Clara Convention Center, Silicon Valley
Date:  May 10-12, 2016
Booth:  #630
Registration: https://iotworldevent.com/

 

If you would like to meet with LogiSense and learn how we are helping service providers to monetize their service offerings, fill out the form below or email us at sales@logisense.com.

CPExpo16Join LogiSense in exploring the future of IoT at the 2016 Channel Partners Conference in Las Vegas. We will be joining thousands of industry innovators to discuss leveraging the power of the IoT to transform and move your business forward.

This conference brings together innovative business leaders from across the globe to share ideas around rising trends and topics shaping our industry, including how efficiency, profitability, and customer experience are affecting today’s service providers in the IoT marketplace.

Get in touch and set up a meeting with LogiSense in Las Vegas for the 2016 Channel Partners Conference!

Take control of your service offerings today and proactively perform with the agility and accuracy required to stay relevant and vital in this time when the consumer dictates usage, be it individual, enterprise or M2M.

Location: The Venetian & Sands Expo, Las Vegas, NV
Date:  March 16-18, 2016
Registration: www.channelpartnersconference.com

 

If you would like to meet with LogiSense and learn how we are helping service providers to monetize their service offerings, fill out the form below or email us at sales@logisense.com.

Usage rating subscription billing has been a great fit for the Unified Communications-as-a-Service (UCaaS) marketplace for some time now. The explosion of the Internet of Things (IoT) has created even more opportunities for this type of billing, but also drives complexities and challenges.

LogiSense Corporation, a company that specializes in software for agile usage rating subscription billing, is ready to meet those challenges as it expands into the realm of IoT and M2M communications. CEO and Founder Flavio Gomes met with Erik Linask, group editorial director of IoTevolutionworld, at the recent ITEXPO Florida to discuss what LogiSense has been up to and where the company is going.

“There’s this new movement that’s happening within our markets and that we’ve kind of termed the usage economy,” said Gomes. “Consumers and end users are tired of paying for very rigid billing subscription models.”

LogiSense addresses this demand by placing usage rating at the core of its complex subscription billing platform. The end goal is to create a balance between providers of digitized services and consumers by offering a personalized pricing model that considers the monetization priorities of service providers.

Usage rating is largely accomplished through mediation, the practice of gathering usage records and massaging that data and information to make it billable in a useful manner. Gomes said the B2B environment inherent in UCaaS and IoT services also creates additional complexities when it comes to pooling, bundling and discounting certain services.

“What we’re finding now, in the IoT marketplace, is that they’re experiencing some of the same challenges (as UCaaS),” said Gomes. “Extremely granular, personalized pricing models are key to the success of IoT services, and yet many billing platforms simply can’t handle this usage-based model.” He added that, “IoT is a nascent marketplace comprised of microtransactions and micropayments that may each represent fairly low value. When pooled together, however, they become compelling”.

The LogiSense platform pulls usage information in real-time from all types of back-office applications, based on any type of triggered event. The result is an accurate and precise monetization solution designed to prevent revenue leaks and enable extreme agility and flexibility.

Gomes said the company is looking at predictive analytics and business intelligence as it moves forward, based on the massive amounts of data being collected from usage-based processes. In January, LogiSense announced that its EngageIP Usage Rating and Billing Platform had been chosen by Numerex Corp (NASDAQ:NMRX) for its hosted IoT vertical solutions as well as Ingenu to tackle the challenges of metering, monitoring and measuring its new and evolving technologies.

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Article originally published on IoT Evolution World.
By: Laura Stotler

 

Driving Profitability in the Connected EconomyHow Real-Time B2B2X Billing Enables the IoT Marketplace

Published by: Frost & Sullivan  |  Author: Karl Whitelock

This week’s SPIE identifies the monetization complexities of multiple partner relationships that now characterize the “everything connected” business environment. The report explains how an ecosystem of partners can be remunerated for their machine-to-machine (M2M) and Internet of Things (IoT) M2M has historically referred to the collection and remote processing of data from sensors and devices, such as flow meters, pressure valves, and distance monitors. IoT has more recently referred to solutions tied to the consumer market, such as fitness tracking wearables or remote patient monitors. While some try to draw a distinction, many continue to refer to M2M and IoT interchangeably. For this report, Stratecast uses IoT to represent both terms. solution contributions, based on IoT solution usage. The report also shows how one real-time billing solution supplier – LogiSense – manages the monetization flows from complex B2B2X relationships associated with a multi-layer ecosystem of IoT solution partners.

 

SPIE Table of Contents

  1. Introduction
  2. Complexity Abounds within the Global Connected Marketplace
  3. Monetizing the Connected Economy: A Critical Business Challenge
  4. Why Real-Time Monetization is So Important to IoT Solutions
  5. The LogiSense EngageIP Usage Rating and Billing Platform
  6. Stratecast – The Last Word

 

Please fill out the form below to gain access to the Stratecast SPIE “Driving Profitability in the Connected Economy”.



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Catalyst

The meter-to-cash process is at the heart of the utility industry. Billing systems are large, mission-critical, and expensive to maintain. Their replacement can also be a risky and costly affair, which explains why many utilities, particularly those with a million customers or fewer, still soldier on with 20- or 30-year-old legacy systems. This report details the forces driving rapid and disruptive change in an industry that has changed little in decades.

Ovum view

The utility industry has already changed dramatically. The most advanced utilities are well into their digital transformation projects; however, the majority of the industry is on the cusp of entering this new world. Smart metering, smart grid technology, smart home services, and myriad other new revenue streams create more complex relationships with their customers and require more complex, flexible infrastructures to support new business models.

The industry has already entered the most disruptive decade it has ever experienced. We believe that utilities have to change now to prepare themselves for 21st century utility services. For too long, utilities have adopted an “if it ain’t broke, don’t fix it” mind-set to their billing and CRM systems. However, a utility’s customers, regulators, shareholders, and competition will not wait. Markets are changing faster and more dramatically than ever. This transformation will be primarily digital; utilities need the right technological infrastructure to develop the new products and services that will underpin new business models.

However, too many utilities see these new services as threats rather than opportunities. And too many are waiting for regulatory changes before they act to improve customer service. The biggest risk to utilities is that they procrastinate too long and let more agile competitors and new entrants capture these new markets. If this happens, they will be mere bystanders in the digital transformation and become a footnote in history books.

Please fill out the form below to gain access to the “Modernizing Utility Billing for the Digital Transformation” whitepaper.

Join LogiSense at MWC2016

February 3rd, 2016 | Posted by Louie Conceicao

MWC2016Join LogiSense at MWC2016, the world’s largest and most influential event of the year, where you will learn how to monetize the Usage Economy in order to transform and propel your business into the future.

This premier event gathers some of the world’s most innovative business leaders from around the globe for exhibits, case studies, demonstrations, networking, and discussions around the rising trends and strategic issues of our industry including efficiency, profitability, and customer experience.

Save the date and meet LogiSense in Barcelona for MWC2016!

Take control of your service offerings today and proactively perform with the agility and accuracy required to stay relevant and vital in this time when the consumer dictates usage, be it individual, enterprise or M2M.

Location: Barcelon, Spain
Date: February 22-25, 2016
Booth: Hall 7 Stand 7K50
Registration: www.mobileworldcongress.com

 

If you would like to meet with LogiSense and learn how we are helping service providers to monetize their service offerings please fill out the form below:

logo-numerex-prImprove performance; simplify operations and support new connected business models

LogiSense Corporation, a leading global provider of usage rating, mediation and billing solutions to Machine-to-Machine and the Internet of Things (M2M/IoT), telecommunications, unified communications and enterprise service providers, is proud to announce that Numerex Corp (NASDAQ:NMRX) has selected LogiSense’s EngageIP Usage Rating and Billing Platform to help improve performance, simplify operations and support new connected business models.

Numerex technology encompasses a broad spectrum of the IoT ecosystem and delivers managed solutions for enterprise users which derive added value through device, network, application and platform enablement. Numerex’s industry leading solutions combine over 20 years of expertise and experience through a modular, end-to-end platform infrastructure, and are already market proven with pre-packaged, hosted IoT vertical solutions that are being rapidly deployed by thousands of enterprises.

See full release at: http://www.logisense.com/numerex-selects-logisense.html

IoT EvolutionJoin us at IoT Evolution 2016, the most vibrant Internet of Things (IoT) event of the year where you will learn how to leverage the power of the IoT to transform and move your business forward.

The premier IoT event gathers some of the world’s most innovative business leaders in the IoT ecosystem for exhibits, case studies, demonstrations, networking, and discussions around rising trends and strategic issues including efficiency, profitability, and customer experience that are affecting today’s service providers in the IoT marketplace.

Save the date and meet LogiSense in Ft Lauderdale for IoT Evolution 2016!

Take control of your service offerings today and proactively perform with the agility and accuracy required to stay relevant and vital in this time when the consumer dictates usage, be it individual, enterprise or M2M.

If you would like to meet with LogiSense and learn how we are helping service providers to monetize their service offerings please fill out the form below: