As with any other consumer or business product, Internet of Things applications will succeed based on perceptions of value and appropriate pricing.
HydroPoint, for example, provides smart water management solutions for urban water use, especially landscape irrigation. In a single year, in the city of Los Angeles, HydroPoint’s WeatherTRAK customers saved 15 billion gallons of water, $137 million in expenses,
hundreds of thousands of man hours, and 62 million kilowatt hours of energy.
hundreds of thousands of man hours, and 62 million kilowatt hours of energy.
Mobile service providers, of course, see big upside in IoT, as all those sensors and apps require communications, and often, the mobile network, or a specialized IoT wireless data network, will be the most-convenient solution for communications.
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