Monetize data outcomes-based model

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Reference no: EM133564604

Question

A fleet management customer is debating whether to implement your predictive maintenance IoT in its fleet. They already employ regular engine and other checks. "I can't really see the point, we have a system that works", says the CEO to the IoT provider. "The only way I'd go for this is if you could guarantee me that I'd be getting improved gains over our current without breakdown rates relative to cost". Which IoT business model would you consider implementing? Group of answer choices Actuator model Asset-sharing model Subscription model Providing IoT to cross-sell another product Network-effects model RFID model IoT to Monetize Data Outcomes-based model.

Reference no: EM133564604

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