show them the money, customers in the age of iot agents

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1 Show Them the Money: Customers in the Age of IoT Cloud Expo NYC - June 11, 2014 Jason Mondanaro

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The Internet of Things will greatly expand the opportunities for data collection and new business models driven off of that data. For this to be effective you not only need to have infrastructure and operational models capable of utilizing this new phenomenon, but increasingly service providers will need to convince a skeptical public to participate. Get ready to show them the money!

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Page 1: Show Them the Money, Customers in the Age of IoT Agents

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Show Them the Money:Customers in the Age of IoT

Cloud Expo NYC - June 11, 2014

Jason Mondanaro

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Are We Making Progress?

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So Many Technologies

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Trending to the Mundane

Commercial and Government

Commercial Telematics

Smart Buildings

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The Cool Stuff is Coming

Technology that the general public sees and uses and recognizes as new and innovative

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Making it Work for the Masses

Don’t rely on customer manual actions

Customers are lazy

Need Agents

Self-organizing

Pervasive and ambient

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What Could Go Wrong?

Minority Report 2002

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New Technology has 3 Guarantees

Unintended consequences

Vocal minority protesting change

New “issue” for politicians

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It’s Already Happening

Warning signs

Possible outcomes?

Mitigation

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Show Them the Money

Demonstrate shared value with customers

Discounts Rebates/Revenue Shares

Avoid one-size fits all

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Power From the People

Passive Informed Automatic

Time of day rating Seasonal

Base interruptible Demand bidding

SmartMeter HAN Net Generation

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From Track to Tracking

The new hotspot

Vehicle charging

Telematics based Leasing Values

or Resale Values

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Participant to Performance Health

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Transaction Bandwagon

Parties Involved

Frequency of Transactions

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Not Sufficient

Old style supply chain and ERP

Point of Sales and Purchases

Simple Subscription Models

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IT is Ready if…

Ability to model complex agreements

Metadata based systems

Open Web Services

Cloud scalability

Business Partitions

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Contact us: [email protected]

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Shameless Plug

@MetraTech

#IoTuesday