Eighty-five per cent of businesses are already considering, exploring or implementing an IoT strategy and 6 in 10 organisations claim to have some type of IoT initiative underway, according to McKinsey.
While connected devices are growing into tens of billions, revenue per device is declining. To grow IoT revenue, resellers and end customers need to lower the cost of supporting customers by giving them self-serve capabilities. Enabling their customers to efficiently manage device connectivity on their own allows them and the reseller to operate more profitably.
Simetric is purpose-built to drive profitability for IoT devices. Automation and self-serve capabilities enable massive scaling while lowering operational costs and support needs for users and customers. The platform empowers companies to manage different connectivity use cases from cellular IoT (3G, 4G, 5G) to NB-IoT Smart Cities applications, said a press release from Connected Analytics.
With Simetric as a SaaS offering, there is a straightforward, low capital intensity way to enable the full potential of the IoT opportunity. Its key functionality include automated rate plan optimisation across carriers ,portal visibility for individual customers and distribution channels, anomaly detection and alerting , predictive analytics for go forward planning , back office integration and white label services. (PC)
Fibre2Fashion News Desk – India