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Consumer IoT Product Development: Managing Costs, Optimizing Revenues
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Unit sales of 12 core smart home devices will total more than $15B in the US by 2029.

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Consumer IoT Product Development: Managing Costs, Optimizing Revenues

This white paper evaluates the primary product and ongoing costs associated with smart home products and services. It highlights pain points in the product development process and shares strategies for minimizing costs. It also assesses the primary monetization models in the smart home with examples of how solution providers can use one or more models to produce value for customers and other ecosystem players.

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About the Sponsor

Cardinal Peak develops and operates IoT products on behalf of our clients. From initial minimum viable product design through continuous feature innovation, we help clients with all their IoT product needs so their devices stand out in the market. As a wholly owned subsidiary of the leading global technology and IT services provider FPT Software, we have the talent your unique product requires — more than 100 engineers in Colorado and 30,000 employees worldwide — with proven expertise in smart home, automotive and health care.

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