A new study from Juniper Research has found that increasing smart security adoption will drive home automation and monitoring revenues from an estimated $12 billion (€10.15 billion) in 2018 to over $45 billion (€38.07 billion) by 2023, representing a growth of over 260%.
Researchers from Context Information Security have discovered a flaw in Virgin Media wireless home routers, allowing them to gain unauthorised administrative-level access to the devices.
In the Internet of Things (IoT) there is a single critical point: To make money, don’t look to the margin earned from selling your device. Turn instead to the potential for paid and perpetual recurring services that are “unlocked” by your device as the surer bet for long-term monetisation success. In other words, succeeding in IoT takes more than a good “Thing”.
Aria Systems, which helps enterprises grow recurring revenue, announced that Generac Power Systems selected Aria’s cloud-based Monetisation Platform as a key component of its IoT strategy. With Aria, Generac can quickly scale its Mobile Link™ subscription-based remote monitoring services.
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