AIM provides modules for connectivity, positioning and autonomy, but this business model is not meant to be a component provider, but rather to create and monetize smart ecosystems. The core product is an IOT Carrier Network for the Internet of Moving Things. This IOT network provides best in class patented micro-positioning, timing, and synchronization to fuel a variety of smart city and smart factory applications including:
Geofencing (i.e., mitigate risk and control speed for scooters, drones and autonomous vehicles)
Security applications (i.e., position tracking to monitor when vehicles pass through perimeters)
Safety (i.e., mining applications for vehicle collision alerts)
Connected Vehicle applications (i.e., predictive braking and coordinated acceleration)
Forklifts and Tuggers (i.e., safety and telematics)
Additional sources of AIM revenue:
Smart Industry 4.0: AIM will integrate automation, data analytics, and advanced technologies to make all business technology infrastructure systems communicate and use predictive and prescriptive data analytics, allowing real-time decision making, increasing efficiencies, safety, and the company’s bottom line.
Data Analytics and Insights – Aim will generate vast amounts of data from sensors, devices, and other sources. This data is very valuable by providing anonymized and aggregated data to businesses, researchers, and organizations that can leverage it for market research, urban planning, or targeted advertising.
Smart Services and Applications: AIM can offer a range of paid services and applications to residents and businesses; these services can be monetized through subscription fees, pay-per-use models, or advertising revenue generated within the applications.
Advertising and Sponsorship: AIM can leverage digital signage, interactive kiosks, and other smart infrastructure for advertising purposes.
Energy and Resource Optimization: Aim will focus on optimizing energy and resource management by implementing energy-efficient technologies to reduce energy consumption and costs.
Tourist and Event Management: Smart cities can enhance the visitor experience and generate revenue from tourism and events. By leveraging smart technologies, they can offer personalized recommendations, interactive maps, and immersive experiences to tourists.