Qualcomm claims solution to smart city monetization riddle Qualcomm claims to have cracked the code for smart city service monetization with a full-stack, modular plug-and-play IoT package for cities and associated verticals. The chipmaker contends this reduces complexity and provides a practical foundation for technology sellers and buyers to start obtaining a return on their investments. As Sanjeet Pandit, senior director of business development and global head of smart cities at Qualcomm, put it: “Cities don’t have a clue how to make this stuff pay. With this, the technology becomes self-sustaining and the investment covers itself – and they get to offer services that benefit citizens.” Qualcomm has laid out steps that city administrators and their technology or infrastructure providers…