The biggest question for the Internet of Things: Who pays?

You can’t just assume that IT will be paying for all the new sensors, gateways, networking equipment, analytics hardware and software.

Talk to anyone with even a passing interest in the Internet of Things and they’ll quickly tell you that the real value of an IoT deployment lies in the data that it generates and the insights that can be gleaned from analyzing that data. Fair enough.

Ask the same people about who they think should be paying for all the equipment necessary to capture that data in the first place, however, and you’re likely to get a range of responses. (By the way, this is even true for consumer IoT applications.) In some instances, the answer might seem to be easy: The company that’s installing IoT technology within its own four walls, for example. But even then, however, there are often questions about which department should foot the bill.

See more at: recode.net

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