The Developer’s IoT Dilemma

WILLIAM WONG | March 1, 2016

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Okay, it’s time to develop something for the Internet of Things (IoT). Everyone’s doing it, so it should be easy, right?Wrong. The dilemma for developers is that partners are needed to create a solution, since very few will develop an IoT solution from scratch. While getting tools and hardware from vendors is nothing new, buying or building IoT infrastructure is—and it tends to involve a larger number of cooperating parties. It also involves selling services, which is often a much different sales model for developers and their companies. This may also entail small payments or subscriptions with a range of additional services to separate customers from their money.

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5 Things to Know About the IoT Platforms Market

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Lakehurst LLC is a Private Equity and Development firm focused on identifying opportunities for industry transformation and financial impact.

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