Revenera Monetization Platform Receives 2023 IoT Platforms Leadership Award from IoT Evolution
Itasca, IL - December 19, 2023 Revenera, producer of leading solutions that help technology companies build better products, accelerate time to value, and monetize what matters, announced today that the Revenera IoT Monetization Platform has received a 2023 IoT Platforms Leadership Award from IoT Evolution magazine, the leading publication covering IoT technologies. The award honors organizations delivering software or hardware solutions which enable the advancement of the smart home and building industry.
Revenera’s IoT Monetization Platform helps device companies that are moving to a software-based model: grow recurring revenue, activate features on demand, enable product insights (in both connected and disconnected environments), and minimize onsite service.
Revenera’s platform, which has helped some clients more than double software revenues:
- Empowers IoT companies to securely monetize the IoT stack (edge-to-cloud), through flexible packaging and monetization models; embedded licensing technology; cloud monetization and web services to connect SaaS apps; usage management and tracking for product insights; delivery and deployment of software and firmware updates; and easy implementation of business models for increased recurring revenue with on-demand features, including separate monetization of premium features.
- Provides a central view of customers, software, and devices illustrating the software version(s) on device(s), tracking active features, and provisioning automatically-deployed software and firmware updates, enabling full traceability.
- Automates use rights management, showing customer entitlements versus actual usage.
- Provides predictive and preventive maintenance, based on analytics and product insight, even for offline/partially connected devices.
“Manufacturers of intelligent devices and connected solutions are looking to streamline operations, secure subscription-based recurring revenue, and improve customer experiences. Revenera has worked to meet these needs with our IoT Monetization Platform, which provides best-of-breed digital infrastructure,” said Nicole Segerer, SVP and General Manager at Revenera. “Revenera is grateful for IoT Evolution World’s recognition.”
“The solutions selected for the IoT Evolution IoT Platforms Leadership Award reflect innovation driving the fast-growing Internet of Things marketplace. It is my honor to congratulate Revenera for their innovative work and contribution to this rapidly evolving industry,” said Carl Ford, Community Developer, IoT Evolution World.
“It is my pleasure to recognize the Revenera IoT Monetization Platform, an innovative solution that earned Revenera the 2023 IoT Evolution IoT Platforms Leadership Award,” said Rich Tehrani, CEO, TMC. “I look forward to seeing more innovation from Revenera in the future.”
Revenera helps product executives build better products, accelerate time to value and monetize what matters. Revenera's leading solutions help software and technology companies drive top line revenue with modern software monetization, understand usage and compliance with software usage analytics, empower the use of open source with software composition analysis and deliver an excellent user experience—for embedded, on-premises, cloud and SaaS products. To learn more, visit www.revenera.com.
About Crossfire Media
Crossfire Media, co-publishers of IoT Evolution, is an integrated marketing company with a core focus on future trends in technology. We service communities of interest with conferences, tradeshows, webinars and newsletters. Crossfire Media has a partnership with Technology Marketing Corporation (TMC) to produce events and websites related to disruptive technologies. Crossfire Media is a division of Crossfire Consulting, a full service Information Technology company based in New York.
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