IoT Service X-Change

Prodea’s IoT Service X-Change is a platform offering turnkey solutions and a framework for rapid IoT service creation and delivery. It includes a comprehensive ecosystem of best-of-breed IoT solutions with guaranteed quality of service. It was developed to solve a number of real problems in the IoT industry, such as:

  1. Empowering service providers to participate in the IoT value chain beyond connectivity
  2. Providing a vehicle for efficient launch of partner-powered IoT solutions
  3. Enabling monetizable and scalable services, rather than just technology components

The goal of the IoT Service X-Change is to empower service providers with ready-to-deploy IoT solutions that deliver real value for them as well as for their clients. Here is a brief explainer video:

PROBLEM: SERVICE PROVIDERS

Service Providers with requirements for service management, scale and SLA find that adding best-of-breed services to their offerings is complex, expensive and time-consuming:

  • They end up with ‘silos’ created by partners who address single vertical markets
  • They find it is extremely difficult to blend vertical services together (i.e. Chronic healthcare + Smart home = Eldercare)
  • Typically expensive management and operational infrastructure is duplicated to get each new service to market—slowing market launch
  • This results in a higher cost of service, higher cost to consumers, and lower take rate—resulting in failure of the new service business

PROBLEM: CREATORS OF IOT SOLUTIONS

Creators of IoT Solutions have an almost impossible task selling to Service Providers and integrating to their existing systems:

  • They face incredibly complex management and hosting requirements
  • They also find it difficult to operate within Service Operator business models
  • There are many custom integration and security requirements

SOLUTION: PRODEA’S IOT SERVICE X-CHANGE

Prodea’s IoT Service X-Change™ provides end-to-end service enablement and uniform management of delivered solutions. The platform incorporates a set of comprehensive tools to facilitate service deployments that allow operators to access new revenue streams without large upfront investments, strengthen existing client relationships, increase average revenue per user, and easily pursue multiple market opportunities.

Service Providers benefit from being able to quickly add and integrate new and valuable IoT services to their existing offerings. Operators can choose from turnkey Prodea services or from our best-of-breed IoT Solutions Provider partners. Operators are able to easily blend or mix services to address new market needs.

Creators of IoT Solutions benefit by being able to easily distribute their services to global Service Operators and easily integrate with Operator’s existing systems. No custom integration is required per operator, per deployment, or per customer—greatly reducing service delivery and operating costs.

Clients of Service Providers benefit by by having a convenient and efficient one-stop shop to discover the state of the art services available for their industry with the best pricing options.

  • Empowering service providers to participate in the IoT value chain beyond connectivity
  • Providing a vehicle for efficient launch of partner-powered IoT solutions
  • Enabling monetizable and scalable services, rather than just technology components

Empowering Service Providers with ready-to-deploy IoT solutions delivering real value for them as well as their Clients.