SOFTWARE MONETIZATION SOLUTIONS
IoT Monetization Solutions
Make the Most of Your Investment and Drive Incremental Revenue
Software Delivers Value for Suppliers and Customers
Embedded software adds value to your hardware and can move you beyond the one-time sale of physical products to subscription models that deliver annual recurring revenue. Customers receive greater value out of devices through new software-driven functionality and data-driven analysis of the tasks they perform.
CHALLENGE
Everyone’s talking about the potential of the IoT, but how do you extract real value from devices and platforms?
SOLUTION
Software is a primary driver of value and differentiation in IoT - and successful IoT companies have also developed a professional and profitable software business. Revenera empowers you to leverage software to monetize the full IoT stack -- from the edge to the cloud. That means IoT platform vendors monetizing access to their solutions and device vendors managing and generating revenue from the growing number of intelligent devices. Revenera solutions enable you to do that in a secure way and get a head start on your competition to realize the earning potential of IoT, supporting all levels of connectivity and business – from start-up to some of the biggest Industrial IoT players in the world.
HOW IT WORKS
Data is at the hub of the IoT. We’ll help you collect usage, product instrumentation and telemetry data and then leverage that data to make your product even better. That means predictive and preventive maintenance, based on analytics and product insight, even if you have industrial devices that are offline, only partially connected or operate in an Intranet of Things.
- Empower monetization with entitlement-driven business operations.
- Introduce new business models like subscription or pay-per-use.
- Manage software and devices in your IoT ecosystem through feature management and automated software delivery.
- Capture product insights to base product innovation and investment on real world intelligence.
Revenera Named “Overall Enterprise IoT Platform of the Year”
SEVENTH YEAR REVENERA HAS BEEN RECOGNIZED
RELATED PRODUCTS
Entitlement Management
A successful software business needs an efficient operations center – a central entitlement management back office for your software, Software as a Service (SaaS) or Internet of Things (IoT) and embedded software solutions. Know what your customers own, and what they are using. Monetize software and devices effectively and manage compliance and customer growth.
Software Licensing
Grow market share and prevent revenue loss from overuse and piracy. Software licensing drives recurring revenue and application protection. Revenera is the industry leader for electronic software licensing.
Software Delivery and Updates
Electronic delivery of software packages or containers ensures your customers quickly and securely receive your products. And because it’s entitlement-based, Software Delivery protects you by only allowing downloads to eligible customers. Customers benefit from a more straightforward experience because they will only see the products available to them.
Monetize What Matters
See how intelligent device manufacturers benefit from a central view of their customers, software and devices.
Resources
Video
Honeywell Transitions from Hardware Sales to Software Monetization
See how Honeywell achieved over 100% growth in annual software revenue while accelerating time-to-market and supporting hybrid models.
eBook
The Build vs. Buy Debate: A Product Manager’s Guide to Software Monetization Solutions
To build, or to buy? That’s the question technology companies typically face when evaluating solutions for software licensing, entitlement management, and compliance – and getting these factors right is essential for success. Download our guide to learn more and discover which option makes the most sense for your business.
Report
Growing Recurring Revenue with Intelligent Devices & IoT
The IoT is redefining the tech ecosystem, catalyzing change like never before. Get the latest insights from VDC Research around what to expect, and how your organization can prepare. Download the whitepaper and gain access to market insights from original research, use cases within the industry, and development recommendations on where to prioritize for future growth.
Report
Analyst Report: Driving Recurring Revenue with Software
IoT is driving enterprises toward a software-centric future and creating new monetization opportunities for intelligent device vendors. Download the report from Transforma Insights to learn more.
Webinar
How to Grow Recurring Revenue with Intelligent Devices and IoT
If your organization in the process of an IoT transformation, there are multiple steps to optimizing recurring revenue, so please join Chris Rommel, Executive Vice President at VDC Research, for this expert webinar
Webinar
How to Grow Recurring Software Revenue for IoT Devices
Join leading experts from Transforma Insights, IoT Now and Revenera for a discussion and guidance on IoT market trends, driving recurring revenue, reducing on-site maintenance and much more in this practical webinar
From the Blog
Blog
Software Licensing Basics
Blog
How to Sell Software with Pay-As-You-Go Pricing
Blog
How to Monetize Software and Build Recurring Revenue
Software Monetization
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