Cost Benefits to Manufacturers

Cost Benefits to manufacturers

One time, lifetime cost and 7 days Guarantee

IoTOnDemand Platform: Value Preposition

Fully Hosted Cloud infrastructure

COST BENEFIT: Only atone time, lifetime cost for as many customers/users as you want

All hardware/Software/Cloud/ Mobile App customization included at one time, lifetime cost

All product upgrade and security fixes included in one time, lifetime cost cost

No hidden cost other than one time, lifetime cost

TIME SAVING: Our 4 core offerings Hadoop BigData Cloud platform
User Interface – iPhone/Android/API>

Licensed with Approved USA Patent No 15/292,381

7 DAYS Guarantee TO GO LIVE: Once you sign up with us, the process to go live is only a matter of 7 days.

You can focus on selling your product than on IoT development

Challenges to Develope your own IoT Solution

A smaller learning curve: lacks knowledge and experience with IoT technologies

Patents approval can be a tedious task

Will end up spending 5 to 10 million USD. This cost will include:
Costs of research & design staff
Time value of money: A lumpsum invested by the company to build a range of IoT enabled products
Development cost & Manufacturing cost: The product will require unique equipment & machinery for its production
Marketing & Promotion cost
Analysis & Report generation (if advance consumer behavior research is conducted)

Development time of 2 to 4 years

Ongoing software/hardware upgrade cost

Ongoing cost of continuous software development

Ongoing Tier 3 support cost

Your focus will get divided between building an IoT enabled product & selling it.

IoTOnDemand Platform

1. Fixed cost at one time, lifetime cost for as many customers as you want (10,000 or millions).
2. Fully Hosted Cloud infrastructure.
3. Customization, upgrade and security fixes included.
4. No hidden cost other than one time, lifetime cost.
5. Our Offerings
i. Networking Hardware
ii. IoT Device Operating System
iv. Hadoop BigData Cloud Platform
v. UserInterface – iPhone/Android/API
6. This one time, lifetime cost also includes the cost of;
i. Development environment
ii. Test environment
iii. Production environment
iv.Staging environment
7. Licensed with Approved USA Patent No 15/292,381
8. 7 DAYS Guarantee TO GO LIVE: Once you sign up with us, the process to go live is only a matter of 7 days.
9. You can focus on sell your product than IoT development.

Other IoT Platform Service Providers

These service providers offer multiple IoT services but they all come with various terms & conditions:
1. FThe virtual network & connect-to data centers are limited to 50.
2. The outbound data transfer has a bandwidth of 50GB and becomes payable post that.
3. The web, mobile or API apps is capped at 10.
4. Virtual machines (connecting other OS to current OS), one of manufacturer’s core needs, unlike IoT on Demand Platform is billed on per second basis.
5. Facial recognition as an API is restricted to only 30,000 transaction/month.
6.It was a massive cost challenge to do business for three years.
7. Charging on the basis of per transaction is a slippery slope. IoT devices are very chatty.
8. For instance, a Humidity + Temperature + Current + Motion + IoT device availability will generate about 5 transaction per minute, as mentioned in the chart above.
9. Other IoT Cloud Platforms provide you one-year free service and the reason for that is that they expect you take at least a year to build the solution

Cost Benefits to Manufacturers