MWCS16: Cisco cites Machina Research on IoT Standards
If you’ve been on the floor of a Mobile World Congress event, you’ve likely read (or at least have seen) a copy of Mobile World Daily, the official publication of Mobile World Congress events. Mobile World Congress Shanghai 2016 kicked-off yesterday and along with it came the day one issue of Mobile World Daily featuring the latest coverage and analysis of event news. Among the top stories? Standards' role in smart cities with statistics from a recent Machina Research report commissioned by InterDigital.
The story, titled “Standards can sharply lower smart city costs,” features insight from Chris Heckscher, VP of service provider sales at Cisco, on how standardization can substantially lower costs of IoT deployment. Heckscher explains that deploying IoT solutions without interoperability standards would add $341 billion in costs worldwide by 2025. This statistic comes directly from the recent Machina Research report, which analyzes potential IoT deployments in smart cities. The report, which launched in early May, shows that using non-standardized versus standards-based solutions for IoT will increase cost of deployment, hinder mass scale and adoption, and stifle technology innovation for smarty city initiatives worldwide.