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IoT Monetization

Datasheet
Ericsson IoT Monetization is a complete solution for charging,
pricing, billing, settlement and customer care. Empowering
business relationships and monetize any IoT business.

The key to success in monetizing IoT lies in the We help you monetize you IoT business
monetization structure being able to support all Ericsson IoT Monetization is built on a metadata-driven
business relationships and all levels of charging architecture, whereby services can be easily created,
processes across the entire billing chain. Ericsson’s added to, or used to replace an existing set of services
IoT Monetization solution is powered by Ericsson IoT – making it possible to monetize on your ecosystem of
Accelerator and was architected from ‘day-one’ to partners.
be metadata based – meaning it is fully service- and
Grow Revenue, Reduce Costs and Move
industry-agnostic, hence applicable to any business
model and relationship.
Quickly
Our focus is on accelerating IoT innovation by decreasing
Built on the IoT Accelerator platform, Ericsson IoT the time-to-market for products and services and helping
Monetization supports a range of services, from businesses respond to the ever-changing relationships
subscriptions to usage based set-ups, multiple- with their customers, partners and suppliers. We enable
partner business models, complex services and businesses to support commerce that is driven by fluid
cross-product discounting and bundling. The service agreements in the partner ecosystem.
used could be calls, device data, digital services,
cloud usage, M2M – any type of activity where usage
Accelerate service rollouts
Empower your business teams to create and change
can be quantified and needs to be priced, billed and/
requirements through configuration. Enabling flexibility
or settled to a participant monetary relationship.
and speed to try new things and stay ahead of the
market.
Key Benefits Enable ecosystem business models
Present the right offer at the right time for partners and
>> Accelerate IoT offering rollout customers, ensuring cash flow between all stakeholders
>> Monetize partner ecosystem and and minimize disruptions. Real-time customer usage data
enable channel business models enables dynamic pricing and personalization of offers.
>> Flexible configuration and IoT Settlement agreement with partners and channels within
billing & settlement aaS the same billing system ensures complete monetization
of the full business ecosystem.
Accelerate your IoT business with IoT monetization applications

Successfully roll out IoT services and products


Product, marketing and managers convene here to innovatively create and maintain the
product and service catalog (rates, pricing, packages, discounting. settlement, etc.). The
actionable product dashboard gives a product manager key insight on top performing
services, products, subscription statistics and other information that allows the business to
adapt and respond to the market.

Full ecosystem visibility


Have full control over the partner and customer ecosystem with near real-time update on
transactions, payments and settlements across multiple stakeholders.

Drive customer satisfaction and unlock new revenue opportunities


Account managers and/or partner representatives can manage all phases of customer care
and billing and settlement details including: managing contacts, locations, permissions
and payment information; allocating or amending subscriptions; and applying credits and
adjustments.

Information at your customer’s fingertips


Customers and partners customize electronic bill presentation and payment features to
their liking and run interactive report on billing data. Accessible and optimized for use on all
devices for today’s on-the-go customer.

Monitor and review end of period activity and results


The command center enables operations and billing staff to orchestrate all elements of
scheduling, execution, auditing, error management, back out resubmission & billing intervals.

Powered by IoT Accelerator, IoT Monetization supports any-industry, any-service,


any-business model to be monetized.

Ericsson
SE-164 83 Stockholm, Sweden
Telephone +46 10 719 0000
www.ericsson.com © Ericsson AB 2017

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