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How to make money from the Internet of Things

Investments continue apace in the Internet of Things (IoT), but how easy is it to make money from this phenomenon? This week saw Ericsson open an IoT Accelerator, which is a suite of software and services designed to help IoT companies connect with each other and monetize their solutions. Services such as this are part of an ecosystem designed to grow the IoT, but companies launching connected products need to think carefully about how they operate in the cloud. The obvious way is to simply sell hardware, such as connected thermostats and mobile door locks. The smarter way is to create recurring services that can use the hardware devices to keep customers paying a regular fee. Moving beyond hardware This strategy can create high-margin services, more predictable revenue streams, and better customer relationships because providers of recurring services can ‘touch’ customers more regularly than those that only hear from buyers where hardwar...

How 1 Internet provider could make money off you several times over

Photo: AP Photo/Mark Lennihan Clouds are reflected in the glass facade of the Time Warner building on Oct. 24, 2016 in New York. AT&T plans to buy Time Warner for $85.4 billion. Clouds are reflected in the glass facade of the Time Warner building on Oct. 24, 2016 in New York. AT&T plans to buy Time Warner for $85.4 billion. Photo: AP Photo/Mark Lennihan How 1 Internet provider could make money off you several times over AT&T’s recently announced deal to acquire Time Warner reflects massive changes in media and technology. Although regulators could challenge the acquisition or slap conditions on it that may limit how AT&T can use its new assets, the purchase hints at a future where a single company can monetize the same customer multiple times over, just through the customer’s routine use of the Internet. Other Internet providers have made stabs at building this kind of business model. Verizon, for example, wants to do something similar with Yahoo and A...

How to make money from the Internet of Things

Investments continue apace in the Internet of Things (IoT), but how easy is it to make money from this phenomenon? This week saw Ericsson open an IoT Accelerator, which is a suite of software and services designed to help IoT companies connect with each other and monetize their solutions. Services such as this are part of an ecosystem designed to grow the IoT, but companies launching connected products need to think carefully about how they operate in the cloud. The obvious way is to simply sell hardware, such as connected thermostats and mobile door locks. The smarter way is to create recurring services that can use the hardware devices to keep customers paying a regular fee. Moving beyond hardware This strategy can create high-margin services, more predictable revenue streams, and better customer relationships because providers of recurring services can ‘touch’ customers more regularly than those that only hear from buyers where hardware need...

Forced to adapt, businesses rethink how they make money

NEW YORK (AP) — Many business owners are changing the way they make money as they attempt to recoup revenue lost to the coronavirus outbreak. The changes can look subtle; for example, when owners of clothing stores decide to beef up their internet business. But often such adjustments involve an entire rethinking of the business model — the blueprint that encompasses the key aspects of running a company — with significant changes to staffing, technology and inventory. For many companies, it’s a matter of survival, but for others, the changes have been a silver lining amidst the crisis. When Big Bottom Market, a cafe and food shop in Guerneville, California, closed in mid-March, “I had to take stock of what we had and think about how we could evolve the business,” says co-owner Michael Volpatt. Volpatt started a daily cooking show on Facebook in hopes of drawing customers to Big Bottom’s page on the online marketplace Etsy. He succeeded: Daily visits jumped 66% and customers s...

how to upload article

Tight on space? Here’s how to transfer photos from an iPhone to a computer The iPhone camera gets better with every new iteration, which isn’t surprising given it’s one of the most popular cameras in existence. As image quality improves and resolution continues to climb, however, you’re going to need more storage space, and with support for RAW images and 4K videos, those files are now even larger. Even on the iPhone 11 Pro, customers who opted for the base 64-gigabyte version are going to quickly run out of space. Below are a few of our favorite methods for backing up iPhone photos, whether you want to rely on a direct connection or one of many cloud-based services. (The processes described here also applies to the iPad and iPod Touch.) There’s more to Apple’s mobile operating system than you might think. We’ve rounded up some of our favorite iOS tips and tricks in one handy guide. How to upload your photos using a U...