# The Costs and Challenges of Scaling IoT for Success | Prescient Devices, Founder & CEO Andy Wang

- Show: [IoT For All Podcast](https://hardwarepodcasts.com/podcast/iot-for-all-podcast)
- Published: 2021-11-09
- Length: 27m
- Page: https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce
- Listen: https://podcasters.spotify.com/pod/show/iot-for-all/episodes/The-Costs-and-Challenges-of-Scaling-IoT-for-Success--Prescient-Devices--Founder--CEO-Andy-Wang-e28bmqd

## Summary

Andy Wang, Founder & CEO of Prescient Devices, explains how his company provides a 'distributed local programming' platform that allows non-experts to build complete IoT systems using a drag-and-drop, model-based code approach similar to LabVIEW. Wang details the high human capital costs of traditional IoT development, noting that companies often need four to five engineers and significant budget just to start, whereas his tool enables a single engineer to iterate quickly. He emphasizes that successful IoT adoption requires an experimental, iterative strategy rather than a rigid upfront proposal, moving from visibility to discovery to transformation. The discussion covers the importance of education, solution templates, and overcoming the complexity barrier for industrial and commercial users.

## Chapters

- [0:05](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=5) Introduction and Andy Wang's Background
- [2:07](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=127) Prescient Devices and the Origin of Distributed Local Programming
- [4:36](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=276) How the Model-Based Code Platform Works
- [8:14](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=494) Use Cases in Manufacturing and Remote Monitoring
- [10:18](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=618) Challenges in IoT Adoption and the Cost of Human Capital
- [14:34](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=874) Factors for Successful IoT Strategy and Iteration
- [19:58](https://hardwarepodcasts.com/podcast/iot-for-all-podcast/2021-11-09-the-costs-and-challenges-of-scaling-iot-for-success-prescient-devices-founder-ce#t=1198) Education, Solution Templates, and Community Engagement

## Topics

- [Connected products & IoT](https://hardwarepodcasts.com/topic/connected-products-and-iot)
- [Validation & product-market fit](https://hardwarepodcasts.com/topic/validation-and-product-market-fit)
- [Pricing, margins & unit economics](https://hardwarepodcasts.com/topic/pricing-and-unit-economics)
- [Marketing & brand](https://hardwarepodcasts.com/topic/marketing-and-brand)

## Most relevant to

companies scaling up

## Mentioned

- Prescient Devices (company)
- Rock Automation (company)
- National Instruments (company)
- LabVIEW (product)
- RS Logix (product)
- Cal Chip Connect (company)

## Related episodes from other shows

- [Developing a Winning IoT Platform with André Jacobs of IoT.nxt](https://hardwarepodcasts.com/podcast/over-the-air/2023-01-19-developing-a-winning-iot-platform-with-andre-jacobs-of-iot-nxt) (Over the Air)
- [The EEVblog Sparkgap Generator](https://hardwarepodcasts.com/podcast/the-amp-hour/2017-11-20-the-eevblog-sparkgap-generator) (The Amp Hour)
- [#014: Why Your IoT Project Still Hasn’t Taken Off — And How to Fix It](https://hardwarepodcasts.com/podcast/coredump-sessions/2025-08-05-014-why-your-iot-project-still-hasnt-taken-off-and-how-to-fix-it) (Coredump Sessions)
- [Why IoT Is Difficult with Jonathan Beri](https://hardwarepodcasts.com/podcast/the-amp-hour/2021-01-18-why-iot-is-difficult-with-jonathan-beri) (The Amp Hour)
- [Making IoT Economically Viable at Scale](https://hardwarepodcasts.com/podcast/over-the-air/2022-07-21-making-iot-economically-viable-at-scale) (Over the Air)

## Citing this page

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