In an article on the EBN site by Art Swift, we learn about some of the many challenges supply chains will face as the Internet of Things (IoT) scales up. There will indeed be hardware and software costs to be manged, but standards is still an open issue that must be addressed.
Fortunately, a new organization has been created to help. Read the article
HERE about how the 'prpl' group is working toward an open source IoT.