Ten month ago, I was starting investigating the Ultra Low Cost Iot thanks to Sigfox given access to the experimentation they made in this area. The Ultra Low Cost IoT is defined by manufactured devices under or near the cost of $1.
Such level of price are enabling scalable deployment of devices and mass data capture, more than it has ever been able to made. And basically, it is not a question of device cost, it is a question of scalable use-cases where the higher device cost where a business model killer.
This is basically reducing the price of devices by a factor of 5x to 10x. No miracle, this is also reducing the device capabilities and concerns different use-cases than the one previously designed. In another word, Low Cost IoT is not classical IoT for a lower price, it’s a new IoT area where we find new use-cases, new business model and more generally is source of innovation.
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