Virtual coffee: IoT – putting ‘low cost’ into context
Put the kettle on and join CENSIS for a catch up over a virtual coffee and connect with other companies, researchers and stakeholders working in the same space.
Led by CENSIS Business Development Managers Rachael Wakefield and Jim Cockram, this coffee break will look at the costs involved in buying, implementing and maintaining an IoT system. What do we really mean when we say ‘low cost’?
While the cost of IoT sensors and other hardware may be dropping year on year, there are other factors that need to be considered in the lifetime cost of an IoT system such as maintenance, hardware or software upgrades, or even the costs involved in scaling up an idea. Could IoT systems end up being quite expensive to operate after all? Might they end up looking similar to home printing solutions – cheap to buy but expensive to run?
In this discussion we’ll talk about the benefits – for the customer and the provider – of ‘owning versus renting’ IoT devices, including exploring Hardware and Software as a Service (HaaS and SaaS) business models.
A calendar invite that includes the Zoom link to join the discussion will be emailed to all registered participants before the event takes place.
Our virtual coffees are very popular and we often have a waiting list, so if you sign up but can’t make it on the day, please let us know so we can release your place to someone else.