Vienna, Austria 16.09.2024 – Freeeway is excited to announce the launch of myFreeeway Hub, a groundbreaking platform designed to enable resellers and installers of smart devices, such as alarm systems, EV chargers, PV panels, and smart dashcams, to easily add the necessary mobile connectivity while benefiting from a recurring revenue stream.
myFreeeway Hub leverages our comprehensive suite of IoT solutions, providing a seamless and automated way to monetize IoT products and services. With the introduction of the IoT Device Flatrate model, we offer tailored price plans for different IoT devices, eliminating the complexities and concerns associated with per-megabyte costs. This new approach simplifies the entire process, allowing our customers to focus on growing their business rather than managing the intricacies of data usage and billing.
“IoT presents exciting opportunities for generating recurring revenue, but the challenge has always been the manual effort required to capitalize on these opportunities,” said Harald Fuchs, CEO of Freeeway. “With myFreeeway Hub, our aim is to empower our customers by automating the revenue recognition process for their IoT products and services. Unlike traditional subscription platforms, myFreeeway Hub uniquely integrates both subscription revenues and mobile data plans into a single, streamlined pricing model. We believe this innovation will simplify the monetization of IoT products and services, making it easier than ever for our customers to succeed.”
Andreas Krammer, Head of Technology at Freeeway, adds, “The true strength of myFreeeway Hub lies in its innovative software architecture, which is designed to manage the complexities of IoT connectivity and billing. By shifting the focus away from, what traditionally matters most to major telecom players—the price per MB—we place the IoT device at the center of the solution. This allows us to assign each device to the most suitable subscription model. myFreeeway Hub enables businesses to successfully enter the IoT space, backed up with a proper recurring revenue model, fully automated.”
With the launch of myFreeeway Hub, we continue leading the way in developing innovative solutions that meet the evolving needs of the IoT market. Our commitment to providing cutting-edge technology and customer-centric solutions is unwavering, and we are thrilled to offer a platform that makes IoT monetization accessible and straightforward.
For more information about myFreeeway Hub and how it can benefit your business, please visit freeeway.com or contact contact@freeeway.com
About Freeeway
Freeeway is a leading provider of global IoT solutions, specializing in innovative IoT subscription models and mobile connectivity services that help businesses monetize their IoT products and services effectively. Our mission is to simplify the complexities of IoT management and provide our customers with tools that drive success and growth.
Contact Person:
Kasia Gerlée marketing@freeeway.com
