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How to Build and Monetize an IoT Product

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How to Build and Monetize an IoT Product

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IoT is no longer confined es it take to build an IoT product and successfully bring it to market?to connected vehicles and homes. In the last 5 years, almost a trillion dollars were spent by consumers on smart products, with an ROI for manufacturers of $400M. Potentially any consumer product can be made smart. In this webinar, we’ll explore:

– Trends for fast-tracking digital product development
– Engineering considerations when making a product smart
– Cost implications and how quickly you can see an ROI
– Risk with privacy and security to address
– Models for sustaining revenue
– A real case study of a successful consumer product from inception to launch
– A Q&A

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Source: https://www.iotworldtoday.com/2020/05/01/how-to-build-and-monetize-an-iot-product/

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