Hi Peter, you correctly note that "cost of designing a digital chip at the leading-edge has gone up exponentially" and further "...analog and mixed-signal ICs, power and power management, image sensors, MEMS sensors, materials, wireless communications, EDA, and IP cores, the costs are much lower, and the time to money is much shorter..." You are quite correct in your observations but it has not translated into investment activities these days.
Silicon Valley still has not seen significant funding for MEMS startups, for example. And investments in EDA has come to an almost full stop! Some of the saving graces seems to be startups in wireless and SoC's for IoT.
We in Silicon Valley wonder why it is called so now a days! It is more a "Software Valley" these days.
What are the engineering and design challenges in creating successful IoT devices? These devices are usually small, resource-constrained electronics designed to sense, collect, send, and/or interpret data. Some of the devices need to be smart enough to act upon data in real time, 24/7. Are the design challenges the same as with embedded systems, but with a little developer- and IT-skills added in? What do engineers need to know? Rick Merritt talks with two experts about the tools and best options for designing IoT devices in 2016. Specifically the guests will discuss sensors, security, and lessons from IoT deployments.