Upverter's Zak Homuth has some thoughts on IoT Hardware and business.
"People pay for apps.
And people pay for hardware, but people won't pay for data. So the question quickly becomes how to open up the data, and use the money from both its collection, and its consumption to pay for all pieces of the ecosystem. If the internet depends on open data, and there is no incentive for a silo to open up their data, and users won't pay to generate open data - are we simply doomed?
Could you sell hardware that came without consumption apps?
Could you sell both the hardware and the apps separately?
Could you convince a hardware maker to give the hardware away and charge for the app?
Could you convince app makers to pay to use open data?
Could you create a marketplace around data?
Could you find a way to give hardware away for free?
Could anyone get large enough to define a standard open data format? (The IoT version of DoD)
Could someone build an open warehouse for open data and apps? (The IoT version of force.com)