IoT Solutions

Consumer Internet of Things

Breadware helps consumer product companies simplify development, reduce production costs, streamline manufacturing, monitor the product lifecycle, and enrich the consumer experience.

Launch Innovative and Profitable Consumer Products

IoT is disrupting every link in the value chain, from back-end manufacturing and research to front-end marketing
IoT Product Development Process

Higher Product Margins

Brand Leadership and Innovation

Volume Benefits

Turn Products into Services

Revitalize Products

Create New Business Models

Understand Your Customers

What Can IoT do for your business?

Higher Product Margins

Making money in the IoT space is not limited to physical product sales; other revenue streams become possible after the initial product sale, including value-added services, subscriptions, and apps, which can easily exceed the initial purchase price. Customers can become “locked in” due to personalization and context gained through information gained over time, and network effects scale as more products join a platform.

Brand Leadership and Innovation

Bringing together IoT and the shopper genome will allow consumer businesses to work with consumers, and provide essential, ever-wiser personal concierge services to their busy lives. Many products have either been commoditized or are easy to copy. Tying consumers to a specific brand will require an extra element, or hook, that is useful to their lives and earns their trust.

Volume Benefits

To put it simply, smart products sell more. With so many products connecting to our ubiquitous smartphones and industrial safety standards rising due to technological advances, companies who don’t integration innovative features into their offerings will find they sell less as time goes on.

Turn Products into Services

Consumer companies, their suppliers, and retailers can work with firms from other sectors of open innovation in product development to not only create better products, but also an ecosystem of services that wrap around them. IoT has effectively made it easier for the end user to see the value in paying for the service of a product rather than purchase the product outright.

Revitalize Products

IoT data tracks product performance metrics for all kinds of connected devices, such as automobiles and smart home gadgets. IoT analytics can use these metrics to improve the next generation of product and even predict possible product glitches or failures. The result of IoT data analytics can also be used to identify future consumer needs and leveraged to spark innovation of new products.

Create New Business Models

Enterprises need to be proactive and find innovative ways to take their business to the customer instead of waiting for the customer to find them. They also need to be increasingly visible in the customers’ environment in the appropriate format to remain competitive. IoT enables an organization to connect everything, making way for new digital business opportunities and thus expanding revenue streams.

Understand Your Customers

IoT offers companies the ability to see how people are using their stores, online services, and even their products, in the context of their daily lives. By combining these insights, companies can win consumers’ attention and continual engagement. They can build services and products that synchronize with consumers’ lives making their presence vital and their brand valuable.

IoT Product Development Process

Learn how Breadware can help

Our professional team, proven process, and experienced partners have everything you need to build your connected product.