Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehend.
Current, powered by GE, has an audacious goal – to deliver “energy as a service” and enable a diverse set of customers from retail to healthcare to government to better understand and proactively manage their energy consumption. To do so, Current needed a platform that could support highly granular rating and billing of power usage while also providing insights into the economics of power consumption.
Watch this on demand webinar and hear from Bryan Rank, Energy Management Platform Architect at Current, powered by GE and Michael Beamer, President of goTransverse as they discuss how GE’s first ever IoT application, Current by GE, built a rapid time-to-market, easily configurable and cost-effective billing system that helped turn its first IoT endeavor into an energy-as-a-service reality.