In order to monetize the increasing number of IoT devices, it is essential to choose a billing system that is not a one size fits all solution. Instead, it must be flexible, communicate with any device and have the ability to apply smart measuring of revenues and adjustable billing.
BillRun’s open-source billing solution provides the agility required to interface with any device in any industry. Designed to process limitless data of all types, the system also communicates with any sensor, regardless of transmission mode. The platform is built with scale-out capabilities.
Data ingestion of an endless number of sources in various formats
Flat or subscription pricing, different business models, such as upfront/ license or usage/ consumption based charges
Providing the smaller solution providers with comprehensive billing solutions
Bill and rate customers based on data generated by sensors
Help various service providers to regulate demand by using dynamic pricing and billing.