Our guest this week is Guneet Bedi, VP of global sales at Relayr, who discusses the role of insurance firms in making IoT business models possible. For example, insurance provider Munich Re, which owns Relayr, now provides guarantees behind “as a service” IoT business offerings for smaller companies who may need the backing of a big insurance provider to get customers over the hump of trusting a big operation to a smaller company deploying untested technology. We also talk about the mismatch in revenue coming in when a product company tries to implement a product-as-a-service model and how financial firms might step in to help. It’s a look at how the IoT can and will affect balance sheets in the near future.
Our guest this week tackles the challenges of indoor location, explaining why it matters and why it’s so hard. Vikram Pavate is CEO of Locix, a newly launched startup that has been working on this problem for the last four years. Pavate talks about using indoor location in typical use cases such as inventory management, but also to take away some of the manual labor associated with the smart home. I can’t be the only one who hates hand labeling the rooms for every light bulb in the house.
Hosts: Stacey Higginbotham and Kevin Tofel Guest: Vikram Pavate is CEO of Locix Sponsors: SAS and Auklet
Amazon’s Alexa gets new skills and a bunch of devices
What makes an IoT standard?
Why Munich Re needs an IoT platform
Indoor location is hard but the context it provides is key