Common Roadblocks to IoT Adoption | Vasileios Nasis, CEO & Founder of Netronix | #IoTFounders E041

IoT For All Podcast · 16 Oct 2019 · 41m

What this episode covers

Vasileios Nasis, CEO & Founder of Netronix, explains how his company bridges the gap for traditional manufacturers entering the IoT space through its end-to-end platform and Netronix Ventures accelerator. He details the common roadblocks to IoT adoption, including investor skepticism, high hardware costs, and the misconception that consumer IoT is the primary market, arguing instead that industrial IoT offers better ROI and willingness to pay. Nasis highlights specific successes like Things Earth, which reduced air quality monitoring costs from $20,000 to $700, and discusses the industry shift from selling hardware to subscribing to services. He also notes that cellular connectivity and security are becoming critical differentiators over Wi-Fi or LoRa for scalable deployments.

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