IoT is slowly emerging from its avatar as a comfort technology to an important tech for all industries. Whether it is healthcare or agriculture, IoT is expected to break new grounds and take businesses to their next level. Its assimilation into different industries is only feasible if it provides different cost options as per the financial clout of entrepreneurs from different fields. There is a need to segregate different IoT offerings and make them suitable for fulfilling the requirements of specific uses cases. It is essential that you have focused IoT solutions and services that provide different choices in terms of security type, connectivity speed, cost and latency.