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Smart cities could waste $341 billion by 2025, by implementing nonstandardized IoT solutions. The lack of open “Internet of Things” standards has often been blamed for slowing widespread adoption of IoT solutions. Implementing nonstandardized IoT solutions could also prove costly. New research …

Smart cities could waste $341 billion by 2025 by implementing non-standardized IoT solutions. The lack of open Internet of Things (IoT) standards has often been blamed for slowing down widespread adoption of IoT solutions. Implementing non-standardized IoT solutions could also prove costly. …