7 min reading time, updated on 07.11.2023
In the era of digitalization, where smart cities are no longer just a concept but an unfolding reality, companies are faced with the challenge of developing innovative business models that keep pace with the dynamics and complexity of urban ecosystems. This is where bill-X’s ActiveDB and OpenInformer come in to offer a transformative solution that not only enables the management of digital twins, but also revolutionizes their monetization.
After reading this article, you’ll know:
- How ActiveDB brings digital twins to life
- How OpenInformer as a billing solution can be adapted to any usage situation
- Why ActiveDB and OpenInformer as a powerful duo can open the door to completely new business models
ActiveDB: The foundation for digital twins
ActiveDB is more than just a database; it is a digital ecosystem designed to provide the foundation for the creation and management of digital twins. These living digital representations of physical objects and systems are the backbone of smart cities, enabling a new level of data analysis and utilization. ActiveDB serves as the operating system that brings these digital twins to life and feeds them real-time data to enable accurate simulations and predictions.
OpenInformer: Flexibility in billing
OpenInformer perfectly complements ActiveDB by offering a flexible billing solution that can be adapted to any usage situation. From pay-per-use to subscription models, OpenInformer makes it possible to support complex tariff structures, ensuring fair and transparent billing. This billing system is crucial for monetizing the services and products enabled by digital twins.
New business models through symbiosis
The combination of ActiveDB and OpenInformer creates a powerful duo that opens the door to completely new business models. In smart cities, services such as energy supply, transport and urban infrastructure can be optimized and monetized through the use of digital twins. Companies can use these technologies to offer their products and services in a networked environment that increases efficiency and customer satisfaction.
Shaping the future
With ActiveDB and OpenInformer, we are not only witnessing the evolution of smart cities, but also actively shaping this future. The ability to manage and monetize complex data gives companies the opportunity to develop sustainable and innovative services that enrich life in urban areas.
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