Companies like Google, Facebook and Microsoft are all feverishly working on virtual or augmented reality headsets that promise to upend how we interact with technology — and that's to say nothing of the wave of IoT-centric start-ups that have emerged over the past year-plus.

Soon IoT will be so widespread that businesses will adopt entirely new approaches that better capitalize on its potential. That will require CFOs to be prepared to support entirely new monetization strategies and billing models.

Companies are just beginning to explore how to monetize IoT to drive stronger business growth and increase customer satisfaction (and interaction). Yet, we can already see a few common use cases emerging.

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