As IOT Data proliferates one of the game changing use cases which it enables is dynamic pricing. As assets get instrumented one can have usage based pricing of assets on lease. We are already seeing disruptions in pricing model in the automotive industry where sensor data which is a proxy for driving habits is fuelling usage based insurance premiums.
Flutura has been working with Utility companies which is one of the industries in Industrial Internet/IOT category undergoing…Continue
Added by derick.jose on June 17, 2014 at 2:00am — No Comments