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Escalating Costs

IoT

Escalating Satellite Transmission Cost at About $10 Per MB

Costs/Failures Cellular Transmission Cost at Around $10 Per GB

Escalating Costs/Failures Where IoT Data Compression Limited

IoT successes have not gone beyond Data Mining/AI.  The desired level of remote situational awareness has not been achieved, with 75% of IoT projects stuck in R&D.  Known security gaps cast industry wide doubts. 

  • Oil/Gas – Initial IoT efforts hampered by high cost of satellite communications.
  • Smart Meters – Networks are overwhelmed by the amount of data to transmit/operate smart grids.
  • Solar and Wind – IoT interoperability issues hindering real time communications.
  • Wearables – Move beyond watches (ie: Apple Watch) restrained by the need for smartphone bridges to operate where IoT fails to provide alternative solution.