Making IoT Economically Viable at Scale
Ivo Rook, COO and President at 1NCE, explains how the company built a global IoT network from scratch to make connectivity economically viable at scale, targeting less than $1 per year per device. He details the strategy of bypassing traditional operator billing systems by participating in the wholesale market and building a custom IT stack in Riga to reduce costs. Rook highlights use cases like smart lighting and fleet tracking where avoiding site visits is critical, and mentions admired companies like Flashnet and SEMTEC.