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Monetizing Strategies for Smart Cities

Is your city smart? There seems to be many ways to determine if a city is smart. However, as I see it, a smart city is truly compelling when citizens experience a sharp reduction in crime rates, a decline in energy consumption, a decrease in traffic congestion, and an overall improvement in water usage. In addition, the smartest cities understand how to tap into more ways to take advantage of eco-friendly building materials and leverage innovations all tied to data that perhaps ultimately generate revenue for local governments. With that being said, we’ve been talking about smart cities for years and I have yet to see us reach the pinnacle where smarter cities are “selling themselves.”

Today’s Visual Representations of the IoT Ecosystem Are Like a Seurat Masterpiece

Wikipedia broadly defines the IoT (Internet of Things) as a “network of physical devices that enables these objects to collect and exchange data.” A physical device can be a sensor, a car, a building and any other “smart” object. Things that were once considered “dumb” can be made smart by embedding sensors in them. There are now billions of devices collecting and exchanging and receiving data to keep check on our lives, economy and planet. Every smart device is a point or node in a network.

Now they’re talkin

Think Tank

Expert Insights: DDoS Attack

Peggy Smedley, editorial director, Connected World magazine, recently sat down with Dirk Morris, founder and chief product officer, Untangle, to discuss DDoS (distributed denial of service) attacks on large organization such as Amazon, Spotify, Netflix, and Twitter. He explains how the IoT (Internet of Things) is involved and what we can expect going forward.

Modeling Smart Cities – Where Is Everything

Software is a key element in the architecture and construction world—as it is necessary to create and construct in today’s connected world. From design drawings to promotional images, via building construction, software is tracking the stages and presenting the results to improve productivity and ensure on-time delivery across the board. The data to support all this has to come from somewhere and has to be managed in a coherent way and the model is perhaps the obvious place.

3 IoT Monetization Strategies for Savvy B2B

Consumer applications for the IoT (Internet of Things) may dominate the headlines. However, most industry experts agree that the lion’s share of IoT revenues will go to B2B (business-to-business). Many of them will be recurring in nature. And if you think you have to be an IBM to grab your piece of the pie, think again. Here are three IoT recurring monetization tactics available to B2Bs of all sizes and stripes serving a broad spectrum of industries.