DevicePilot launches Core, shrinking the cost to manage smart devices at scale to pennies or less – PR Newswire
Core enables companies to scale quickly and cheaply to millions of connected devices
LONDON, May 17, 2022 /PRNewswire/ — DevicePilot, the service management platform for smart energy and smart home companies, today announced the launch of DevicePilot Core. Core is DevicePilot’s first major update since the company’s launch in 2016. It enables customers to manage their smart products at costs as low as 1p per device per month, reducing both the human and machine costs required for maintaining large estates of connected devices. Core solves major challenges for companies in consumer electronics, utilities, and electric vehicle charging, who are struggling to maintain device performance and service quality as they scale to meet demand. Overcoming these challenges is especially important now as consumers move away from fossil fuels by adopting smart energy products that need to work reliably. Core can also scale to tens of millions of devices, which the legacy DevicePilot platform could not do.
Consumer electronics and utilities companies can struggle with the shift away from ‘dumb’ devices sold as standalone products. The trend towards smart devices that deliver an ongoing service with recurring revenue is more complex and costly to support, especially at scale. Core helps customers deliver service quality efficiently as they grow, by giving companies total visibility of the performance and condition of their smart products – from individual devices to the entire fleet.
Device vendors coming from the world of dumb devices may only troubleshoot or fix problems reactively once a customer complains. However, smart devices facilitate more proactive detection and resolution. Core allows issues to be detected, diagnosed, and even automatically resolved proactively, driven by the device’s live telemetry. Core helps customers automate many management tasks across their device estate, including routine maintenance, customer support and software updates.
Core offers flexible deployment options to give customers control of their costs – available either as a fully-managed SaaS or deployed directly into customer’s AWS account. It is a low code / no code platform built on Apache Flink, so it can be used by any team, not just developers. It frees smart product companies from building their own custom service management tools. The automation of service management also saves human resources, since many tasks can be completed without human intervention from customer support or engineering. Core also cuts cloud costs, since companies can move processing out of general-purpose data stores which can be expensive at scale.
DevicePilot CEO and co-founder Pilgrim Beart also founded AlertMe, a company sold to Centrica British Gas for $100m in 2015 as the platform for its Hive brand, so Beart understands the challenges that face smart device vendors.
“Smart products are not really products at all – they are a service,” said Beart. “The adjustment from product developer to service provider can be difficult and costly. Building your own support tools, and scaling up your support teams in proportion to a growing device estate, is a super-inefficient way to grow. With DevicePilot Core, we want to show smart device makers that there’s a better way. With cloud costs of around one pence per month per device at scale, Core can reduce human costs and machine cost in one fell swoop, while driving up service quality. Vendors gain total visibility of their device estate and use their data to fix issues faster, automate 95% of jobs, and solve problems before the customer even notices. It makes for happier …….
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