5

Connecting Things -Networking and Communications

If you feel like you are learning more about how the Edge connects to things, you are correct. IoT and Edge systems are now able to connect previously unconnected and unintelligent devices, in part, because the cost of data networking and communication has dramatically decreased over the last 30 years. Take consumer broadband as an example. In 1998, the average cost of an Mbps service was close to $1,000 per month using lease lines and old telco ISDN technology. Today, the cost per megabit of service is less than $1 per month (I currently pay $120/month for a gigabit service for my home). That is a 35% year-over-year decrease in cost, all while increasing the available bandwidth by 35% as well. ...

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