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EP 210 - Hardware Meets SaaS: Transforming Devices into Subscription Models

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Manage episode 447161895 series 1431888
Content provided by IoT ONE, Peter Rohde-Chen, and Erik Walenza. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IoT ONE, Peter Rohde-Chen, and Erik Walenza or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In this episode, we spoke with Omer Brookstein, CEO & Co-founder of Xyte, about the transformative potential of IoT for device manufacturers and the emerging shift towards service-oriented business models. We delved into how companies can leverage connected device platforms to manage the full lifecycle of their IoT devices, monetize features, and create long-term customer value. The conversation also explored the practical and business challenges of implementing subscription and usage-based models across industries.

Key Insights:

  • Subscription Shift: IoT enables manufacturers to adopt subscription and usage-based models for sustained revenue.
  • Business Model Transformation: Moving to service-based models requires cross-functional collaboration and strategic alignment.
  • Empowering Partners: Platforms help channel partners add value, boosting recurring revenue opportunities.
  • Simplifying Complexity: Unified platforms reduce inventory and operational burdens by enabling remote feature management.
  • Future-Ready Flexibility: Modular, collaborative platforms support growth and adapt to evolving business needs.

IoT ONE database: https://www.iotone.com/case-studies

The Industrial IoT Spotlight podcast is produced by Asia Growth Partners (AGP): https://asiagrowthpartners.com/

  continue reading

236 episoade

Artwork
iconDistribuie
 
Manage episode 447161895 series 1431888
Content provided by IoT ONE, Peter Rohde-Chen, and Erik Walenza. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by IoT ONE, Peter Rohde-Chen, and Erik Walenza or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

In this episode, we spoke with Omer Brookstein, CEO & Co-founder of Xyte, about the transformative potential of IoT for device manufacturers and the emerging shift towards service-oriented business models. We delved into how companies can leverage connected device platforms to manage the full lifecycle of their IoT devices, monetize features, and create long-term customer value. The conversation also explored the practical and business challenges of implementing subscription and usage-based models across industries.

Key Insights:

  • Subscription Shift: IoT enables manufacturers to adopt subscription and usage-based models for sustained revenue.
  • Business Model Transformation: Moving to service-based models requires cross-functional collaboration and strategic alignment.
  • Empowering Partners: Platforms help channel partners add value, boosting recurring revenue opportunities.
  • Simplifying Complexity: Unified platforms reduce inventory and operational burdens by enabling remote feature management.
  • Future-Ready Flexibility: Modular, collaborative platforms support growth and adapt to evolving business needs.

IoT ONE database: https://www.iotone.com/case-studies

The Industrial IoT Spotlight podcast is produced by Asia Growth Partners (AGP): https://asiagrowthpartners.com/

  continue reading

236 episoade

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