Falling prices for the Internet of Things

In his Weekly Update, Adam Lesser, the Gigaom Research curator for cleantech, has an interview with David Friedman, the CEO of Ayla Networks¬†on determining the value of the Internet of Things. Ayla is a startup that provides cloud-based connections and analysis for the IoT. Among Friedman’s observations is a projection that within 18 months the cost to connect a device will have fallen to $5, with both the home and business markets growing as a result.