In this episode of Over the Air - IoT, Connected Devices, & the Journey, Ryan Prosser, CEO of Very, is joined by Ivo Rook, COO and President at 1NCE. They discuss making IoT economically viable at scale.
The business case for the Internet of Things (IoT) often focuses on growing revenues, lowering expenses, or streamlining processes. Businesses make assumptions about where they can attain these objectives when evaluating the viability of using IoT technology.
IoT device creators set them up to transmit only a predictable amount of data in order to prevent any costly surprises with regard to long-term data usage. When using a prepaid plan from 1NCE, the cost of IoT connectivity becomes predictable because connectivity is already included in the product. This makes full IoT deployments as easy to budget for and plan as small-scale rollouts and turns connectivity into a commodity that can thrive at scale.
Ivo further explains that often, the business case is already destroyed if you need to revisit any IoT devices at a subsequent time. 1NCE created an IoT sensor that may be used in hard-to-reach places such as concrete casts, crop fields, elevators, light poles, and moving vehicles. The complete structure of the IoT deployment is only intended to be visited once, at the time it is deployed. With this innovation, more interesting business cases are now feasible.
👉 Disrupting the IoT industry
👉 Rethinking the paradigm around connectivity
👉 Deploying cellular devices anywhere in the world for eight cents per month
👉 Unique approach to IoT wholesale solution for bandwidth
👉 Cracking the network operator market and making low data economically viable
👉 The future of 1NCE
👉 Digitizing IoT supply chains
👉 How network providers participate in 1NCE’s inclusive innovation
👉 Connectivity contract that lasts longer than the economic life cycle
If you're interested in learning more about making IoT economically viable at scale, tune into this episode of Over the Air — IoT, Connected Devices, & the Journey podcast.
And connect with Ivo here: