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January 14, 2015

Monetising IoT becomes vital for 2015

Monetising the Internet of Things Conference to address financial opportunities and challenges.

By Amy-Jo Crowley

Business leaders and companies from around the world are uniting this April to discuss ways to make money from the Internet of Things (IoT) market.

A two-day event will also see industry experts reveal how companies can save more money, increase revenue and efficiency, and improve relationships with customers through IoT technologies.

Those speaking include London City Airport’s CCO Matthew Hall; Jonathan Steel, CEO of lobby group Change London; Neil Pennington, RWE npower’s director of Smart Innovation; Concirrus’s CEO and founder Andrew Yeoman ; Daniel Kostelac, a senior business developer at Volvo; Robin Duke-Woolley, CEO of Beecham Research; and Scott Lyons, European Market Development, Connected Services, Ford

The event will focus on how IoT can be used in different verticals and industries, the benefits of data generated by IoT and practical examples of successful implementations.

The Monetising the Internet of Things conference is hosted by group Arena International, will include roundtables, debate, presentations and workshops, with the aim of improving productivity and cost savings for businesses.

It comes as the IoT market value is expected to grow from $1.9 trillion in 2013 to $7.1 trillion by 2020 as competition intensifies around smart analytics and applications, according to figures released by IDC in June.

Monetising the Internet of Things takes place in Frankfurt, April 15th and 16th 2015.

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