Data or Dollars? What’s going to Pay for Consumer IoT?

Data or Dollars? What’s going to Pay for Consumer IoT?

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Episode 55

Smart products are roughly 10x the cost of dumb or regular products and that’s a problem. It’s for good reason though, to make these products smart requires a lot of tech and infrastructure that needs to be paid for somehow. This will only be solved by new business models and not the types of business models we’re used to in enterprise IoT.

Here’s What We’ll Cover in this Episode

  • Consumer IoT product examples used are the Samsung Family Hub refrigerator, the Nest Thermostat and the August Lock.
  • The features, tech, pricing and information gathered by each of these products.
  • Different business model options and which one will likely work.

Mentioned in this Episode and Other Useful Links

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