Monetizing IoT: Don’t be the dumb IoT pipe
“There’s going to be a lot of money invest on this IoT, in the application space itself. Things like analytics and applications will become the revenue generator,” he said during a session at this week’s SCTE Cable-Tec Expo.
Beesley shared several instances of specific IoT examples were Fujitsu has seen this play out. In one case, Fujitsu Japan has a service offering related to connecting pedometers placed on cows, which become more active when they are approaching estrus and can be successfully impregnated. In addition to increasing the rate of successful breeding, Beesley said, timing the impregnation properly can lead to a 70% chance of successfully determining the resulting calf’s sex – which offers real value to farmers.