Virtualization of residential IoT functionality by using NFV and SDN

We propose to leverage the virtualization possibilities of Network Functions Virtualization (NFV) together with the programmability of Software Defined Networking (SDN) in order to offer a portfolio of IoT-related functions to the residential users. The objectives are to reach economies of scale by offering a reasonably inexpensive customer premises equipment supporting most IoT physical communication options, whereas all self-discovery and the rest of vendor-specific functionality is externalized and implemented by the ISP (Internet Service Provider) or third parties.