Whether you’re trying to improve your home’s security, monitor your water consumption, or automate your business processes, you’ve probably considered the many possibilities of Internet of Things applications. However, there are a few things to keep in mind before jumping on the bandwagon. These include real-timeness, security, cost, and scalability. Let’s look at some of these issues one by one. In addition to the benefits, Internet of Things applications can be incredibly expensive.
The cost of Internet of things (IoT) applications varies depending on the features and complexity of the application. The cost of development depends on several factors, including the type of hardware used. The hardware accounts for 70% to 80% of the total production cost. Once the hardware is selected, the cost of development will increase accordingly. To determine the exact cost of an IoT app, a minimum viable product (MVP) approach should be followed.
In today’s digital world, the rise of IoT has brought previously isolated devices together. Real- time embedded devices use Internet connectivity to monitor and control processes in many domains. Because they use real-time data, they must communicate with each other in milliseconds or less. But how can these devices achieve this? What are the limitations of real- time embedded devices? Here are a few of the biggest challenges.
Scalability refers to the number of devices a particular IoT application can support. What is acceptable is a different question altogether, depending on the use case. For example, some platforms claim to support connected factory solutions with up to 1500 gateways. Others claim to support LPWAN solutions with 500,000 or more connected assets. But what exactly does scalability mean, and how can it be measured? To answer this question, we will discuss various factors related to IoT scalability.
IoT devices have … Read More