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IoT Roaming Monetization

Billions of smart devices are connected in smart homes, cars, factories, cities and just about anywhere. Innovative digital services provide a immense opportunity for new revenue streams.

 

Market
Challenges

How can the potential of IoT be realized? What capabilities do operators need to be able to take advantage of the opportunities?

Digitalization
Digital transformation is continuously challenging businesses and how they can deliver value to their users. The social and economic potential engendered by the proliferation of IoT is immense and, yet, is barely tapped. Many operators find it hard to generate revenues from IoT roaming traffic as they lack the ability to detect, measure, classify, and charge for it adequately and automatically. Pressure on network systems and analytics tools places a heavy demand on finite and increasingly stretched resources.
Detection
Operators usually rely on APN and IMSI ranges to segment the IoT traffic. This is insufficient, as more than 40% of inbound devices are still undetected. As opposed to consumers, devices are often in a state of permanent roaming, yet silent. It's key to monitor the signaling to accurately determine the roaming duration and any movement. Through signaling, operators can detect twice as many devices every month, however, the market still lacks business practices around the definition of permanent roaming.

 

 

 
Commercial Models
IoT differs from consumer roaming behavior and usage patterns. Applying traditional charging models based on usage leads to missed revenues. A few operators reported that 70% of all inbound devices generate less than $0,01 per month. The traditional settlement process via TAP is not equipped to support innovative offerings for massive and mission-critical applications, nor handle increased data volume from 5G networks. Charging can and will be based on many factors, such as technology, slicing, QoS, device count, or even the data content.

Uncover the Potential of the IoT Roaming Business

Operators are increasingly pursuing enterprise customers to address their needs for global connectivity through IoT roaming. The outlook for IoT roaming is promising and improving with new use cases and technology enablers.

 

Automating the entire wholesale value chain

Monetization starts with spotting IoT potentials. MACH's solution effortlessly uncovers concealed devices, streamlining wholesale agreements from detection to settlement. 

  • Varied detection methods, including device-based, duration, usage behavior, and ML.
  • Streamlined enterprise onboarding and automatic alignment of IoT segments with settlement processes.
  • Diverse IoT charging models via a unified agreement interface, in TAP or BCE.
  • Automated reconciliation for faster IoT settlement cycles, from yearly to quarterly.
  • Automated NB-IoT and 5G device detection and network management for cost protection.
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