Startup Model – Creating IoT Applications

THE MODEL: A platform for users to create a professional IoT application without writing any code. The application created can be deployed and used completely as per the user’s wish.

STARTUPM2MGO (German startup)

iot business ideas

WHAT I LIKE

Core Idea – An IoT creation application for all types of users be it a startup looking to create a prototype, a could platform vendor or a systems integrator.

Freemium Model – Users can create a prototype without incurring any expense. More advanced usage by device vendors is chargeable.

Easy to Use – Users can create applications without writing code. Also this can be done in a very short time frame with minimum investment (in the case of advanced usage).

CONCERNS

Competition – Competing with IoT application vendors especially for bigger applications will be very difficult for the startup.

No comments:

Post a Comment

What do you have to say about this post?