New white paper evaluates paths to profitability in the consumer IoT market https://lnkd.in/gt-8v4Cg This white paper, sponsored by Cardinal Peak evaluates the primary product and ongoing costs associated with smart home products and services. It highlights pain points in the product development process and shares strategies for minimizing costs. It also assesses the primary monetization models in the smart home with examples of how solution providers can use one or more models to produce value for customers and other ecosystem players. Access White Paper
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🏡 Unlock the Future of Smart Home Innovation! Our latest white paper with Parks Associates evaluates the product and ongoing costs of smart home devices and services, highlighting key pain points in the product development process. This is a must-read for anyone in the IoT and smart home industry! 🔗 Download the white paper now: https://loom.ly/JspuOqc #SmartHome #IoT #TechInnovation #ProductDevelopment #WhitePaper
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📈 Did you know unit sales of 12 core smart home devices are projected to surpass $15B in the US by 2029? Cardinal Peak's latest white paper with Parks Associates, "Consumer IoT Product Development: Managing Costs, Optimizing Revenues", dives into: ✅ Key product and ongoing costs for smart home solutions ✅ Monetization models driving revenue ✅ Pain points in product development ✅ Proven strategies to minimize costs Don’t miss this essential resource for navigating the evolving IoT landscape. 🔗 Download now! https://loom.ly/P-ggNUE #TechInsights #SmartHome #IoT #CardinalPeak #WhitePaper
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White Paper - Consumer IoT Product Development: Managing Costs, Optimizing Revenues: Cardinal Peak develops and operates IoT products on behalf of our clients. From initial minimum viable product design through continuous feature ... #iot #data #internetofthings
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Did you know that unit sales of 12 core smart home devices in the U.S. are projected to exceed $15 billion by 2029? Cardinal Peak's latest white paper with Parks Associates, "Consumer IoT Product Development: Managing Costs, Optimizing Revenues," dives into: ✔️ Primary product and ongoing costs of smart home devices ✔️ Monetization models driving the industry ✔️ Pain points in product development ✔️ Strategies to minimize costs and maximize revenue 🔗 Don’t miss these critical insights shaping the future of IoT: https://loom.ly/P-ggNUE
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Parks Associates today announced a new white paper, Consumer IoT Product Development: Managing Costs, Optimizing Revenues, which provides companies with a business-planning blueprint to evaluate how a consumer IoT solution will perform across its lifetime. Subscription services, such as video storage and professional #monitoring, can be critical for covering ongoing cloud and support costs. Seventy-one percent of video doorbell owners pay a recurring fee for service, which may include alerts/remote monitoring, video storage, and/or professional #monitoring. The service attach rate for smart cameras is slightly lower at 66%. https://lnkd.in/gt-8v4Cg #CES #iot #product #revenue #data #cost #revenue #ai #bundles
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According to Technavio, the Internet of Things market will increase by $1B+ by 2027. The opportunities for IoT across the globe continues to grow and will determine how we interact with technology—from smart home devices, healthcare tracking, to industrial machinery—people are becoming more comfortable being “connected” to their devices and businesses are open to test, adapt, and implement IoT products. The benefits of adopting IoT include: 🤖 Increased efficiency through automation 📈 Improved data collection for better decision making 💸 Reduce operational costs and save money ⌚ Enriched quality of life through safety and health monitoring What do you think the future of IoT will look like?
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According to Technavio, the Internet of Things market will increase by $1B+ by 2027. The opportunities for IoT across the globe continues to grow and will determine how we interact with technology—from smart home devices, healthcare tracking, to industrial machinery—people are becoming more comfortable being “connected” to their devices and businesses are open to test, adapt, and implement IoT products. The benefits of adopting IoT include: 🤖 Increased efficiency through automation 📈 Improved data collection for better decision making 💸 Reduce operational costs and save money ⌚ Enriched quality of life through safety and health monitoring What do you think the future of IoT will look like?
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Happening soon! Learn how Verizon ThingSpace can help extend battery life for power-sensitive #IoT devices like water meters, pill dispensers, asset or pet trackers, and more. Our experts will share best practices and next-gen services to help IoT solution managers optimize battery performance. Don’t miss this chance to learn how to “live your best battery life” throughout your development efforts. Click below to register today! #VTeam
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In-Factory Profile Provisioning (IFPP) is a new embedded SIM for IoT approach that drives profitability and improves product performance in connected electronics manufacturing. IFPP simplifies supply chains, reducing operational costs and improving in-field operational performance. Our webinar panel will discuss the In-Factory Profile Provisioning (IFPP) mechanism for embedding mobile network cellular SIM profiles into connected IoT devices based on the geographic location for deployment. Don't miss the opportunity to find out how In-Factory Provisioning enables electronics manufacturers to streamline the enablement of cellular connectivity in their assembly lines to deliver more cost-effective products at scale. Join Matt Hatton of Transforma Insights in discussion with Kigen's Paul Bradley and Bijal (Bee) Hayes-Thakore, on 7th May, 3PM BST. Register here: https://hubs.la/Q02vmdt00 #OEM #ODM #IOT #manufacturing #esim https://hubs.la/Q02vlVvt0
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This solution includes a powerful analytics engine that captures and processes complex IoT data streams. It enables users to gain valuable insights into customer behaviour, device performance, and operational efficiency, informing strategic decisions. Learn more: https://lnkd.in/dDnaRsCa #IotMonetization #EnghouseNetworks
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