ICIP IoT training: The service IoT business model

Many business models have been limited to monetizing software, but any physical product with IoT technology can follow a service model.

Vendors offering anything-as-a-service business models have capitalized on organizations’ desires to have key parts of their operations managed and maintained off-site and IoT has expanded service model opportunities. Instead of owning a product, organizations can pay a recurring fee based on the profit and loss.

The IoT business model is based on the power-The ICIP IoT training program aims to help professionals solve the most pressing challenge of IoT: creating a positive ROI and profitable business. Learn more about the ICIP IoT training program.