Beacons and the IoT Value Chain

There’s a thought provoking article at the news arm of the GSMA, Mobile World Live. It quotes Nokia who think that applications are set to dominate the IoT value chain.

This isn’t applications, as in apps, but platforms, systems (and sometimes controlling apps) that create ecosystems for specific vertical needs. Nokia said:

It’s not the iPhone selling at $800 that’s going to make IoT grow, it’s going to be the devices and sensors that are sub-$10

Today’s sensor beacons are early devices upon which we can start building these IoT ecosystem applications.