Main Challenges of Connected Products and Services
With the advent of 3G, SMS, Bluetooth, and Wi-Fi in the 1990s, many OEMs initially believed that connecting their products and services to the internet would be straightforward. However, it became clear that this process involved several complexities:
- Connectivity incurs costs that must be managed.
- It requires dedicated network coverage.
- Connectivity needs ongoing management.
- Deployment processes must be carefully planned.
- Power supply considerations are critical.
- Connectivity depends on network availability, regional tariffs, and permissions.
- Security concerns arise with increased connectivity.
- Latency can impact performance.
- Connectivity needs can evolve over time.
Over the past 30 years, we have encountered and overcome numerous challenges, allowing us to now fully support industries in maintaining connections with their installed base of machines—without burdening customers or relying on their networks.
Addressing Challenges with Strategic Solutions:
This global connectivity brings new challenges that we have successfully addressed:
1. Billing End Users:
Our IoT payment platform (whitelabel) enables the billing of end-users for connectivity and additional services on a periodic basis.
2. Revenue Generation:
We enable margin creation by allowing customers to pay for connectivity and services managed through our platform.
3. Global Provisioning:
We offer a solution that is automatically provisioned out of the box, ensuring seamless deployment at customer sites worldwide.
4. Optimized Shipping:
OEMs can ship products globally while leveraging the best local tariffs through In-Factory Profile Provisioning (IFPP).
5. Flexible Connectivity:
The use of eUICC cards allows for the flexibility to switch vendors, zones, and tariffs as needed.
6. Environmental Impact:
By utilizing eSIMs, we help reduce the carbon footprint associated with traditional SIM cards.
7. Logistics Simplification: eSIMs also help mitigate logistical challenges.
Leveraging our expertise, “The IoT Guide” has developed the Flex SIM and other prepaid offerings—versatile and simplified connectivity solutions that can adapt to the evolving needs of your business.
Curious? Contact us for more information on the possibilities of connecting your products and services.
