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  • From Service to Profit: The Next Generation of IoT Application Monetization
    From Service to Profit: The Next Generation of IoT Application Monetization Bryan Rank, Energy Management Platform Architect - Current, powered by GE & Michael Beamer, President - goTransverse Recorded: Jun 14 2017 47 mins
    Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehend.

    Join Bryan Rank, Energy Management Platform Architect at Current, powered by GE and Michael Beamer, President of goTransverse as they discuss how GE’s first ever IoT application, Current by GE, built a rapid time-to-market, easily configurable and cost-effective billing system that turned energy as a service into a reality.
  • Three Strategies to Innovate Beyond the Payment
    Three Strategies to Innovate Beyond the Payment Michael Beamer, President, goTransverse Recorded: Mar 15 2017 32 mins
    Today, consumers are in the driver’s seat. The way they want to consume and pay is changing, forcing companies to move from selling discreet products to selling services. Is your organization set up to take advantage of this shift? 
    In this scenario, innovation begins before the payment. To be innovative in payments, you must be innovative in pricing strategies and to be innovative in pricing, you must be innovative with your business models.
    By adopting new approaches and new technologies, it can be more attainable than you know to develop innovative business models and pricing strategies that give your consumers the ability to buy and pay the way they want, leading to a better customer experience, increased customer lifetime value and ongoing revenue streams. Join the president of goTransverse, Michael Beamer, as he shares three strategies to maximize revenue opportunities beyond the payment. Attendees will walk away with:
    1.Tips to transform your organization from licensed-based to recurring revenue streams.
    2.The value adopting usage-based billing can bring to your organization.
    3.How to capture more revenue streams by giving your customers the ability to buy and pay the way they want.

    Michael Beamer is a 24-year technology and business leader with unique experience helping companies maximize the business impact of technology. He’s been instrumental in the growth and success of companies ranging from pre-revenue startups to Fortune 500 companies. Michael has extensive experience in a wide range of roles from Building and running global development teams to driving record revenue through global sales and marketing programs. Michael lead the effort to develop the IoT strategy and go to market model for one of the world’s top engineering solutions companies. In his current role as President of goTransverse, he is helping the company emerge as the top IoT Monetization solution provider.

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