Samsung ARTIK lets you monetize the data shared by IoT devices

Samsung ARTIK lets you monetize the data shared by IoT devices

By | August 4th, 2017
No Comments on Samsung ARTIK lets you monetize the data shared by IoT devices

Samsung Electronics Co. Ltd. just launched Samsung ARTIK Cloud Monetization

for the Internet of Things (IoT), which is a new service to monetize the

data shared by IoT devices and enable an IoT data economy.


														
							
For the first time since the dawn of IoT, device manufacturers and service providers can tap into an open ecosystem and create service plans that generate revenue directly from the interactions of devices and services. With this unique data monetization model, device manufacturers can take advantage of Samsung ARTIK Cloud’s extensive interoperability features to generate new revenue streams and implement new business models, such as hardware as a service.
For device manufacturers, IoT shifts their operating model from selling hardware to selling hardware products connected to digital applications. Today, device manufacturers often have trouble recouping data costs associated with free applications and supporting an ecosystem of third-party devices, apps and services. Manufacturers have to either absorb the data costs of operating devices in the field, or factor in anticipated data costs to the retail price of devices.
Samsung ARTIK Cloud Monetization addresses this problem by providing a complete brokering, metering and payments system. It gives device manufacturers an easy way to make their devices interoperable with third-party devices and applications, and monetize data useage. With the Samsung ARTIK Cloud developer portal.
Read more
Google
Nisheeth Bhakuni

  • IBM, TCS, HCL, LTI & More Top IT Companies are Hiring
    Sign Up, Search & Apply for Latest Job Vacancies with Monster to Get Placed in Top IT Companies. Get The Right Job for Your Career, Log onto www.monsterindia.com
    Click to know more