"Now the phenomenon is about to affect the whole economy. A formidable new technology infrastructure — the Internet of Things — is emerging with the potential to push much of economic life to near zero marginal cost over the course of the next two decades. This new technology platform is beginning to connect everything and everyone.
Today more than 11 billion sensors are attached to natural resources, production lines, the electricity grid, logistics networks and recycling flows, and implanted in homes, offices, stores and vehicles, feeding big data into the Internet of Things.
"Why would you buy a new lawnmower is you can borrow it from someone in the neighborhood? Why would you buy a new drill of you can lend one from your neighbor? Dutch websites like Wij delen are facilitating this. Sites like Thuis Afgehaald make it easy to share food with your neighbors are buy a meal from someone in your street. Autopia helps you to share a car within the neighborhood. This is not a small trend. In the US over 80 million people are sharing goods, 23 million in the UK and 10 million in Canade. These figures come from research from Jeremiah Owyang who claims that „sharing is the new buying.”
Source: „The Internet is the pulse engine of today's economy, requiring gear at billions of junctions interconnected by millions of miles of fiber cable and wireless technology. It's continuously under construction, growing larger and more complex, with trillions of data "packets" — bursts of digital information — delivered daily.
Diverse companies hustle to develop and re-invent the equipment and programs needed to manage this massive flow of data. Smart homes, smart cars and the number of mobile devices are rising by more than 500 million units last year to 7 billion worldwide.
Source: "About 8.7bn connected objects existed worldwide at the end of 2012, and that figure will surpass 50bn by 2020, according to networking equipment maker Cisco. A new infographic goes further to take a closer look at this internet of things. The infographic published by SolidWorks on Visual.ly begins by charting some examples of current internet of things technology, such as Google Glass and Smart Belly Trash Can. Next, a timeline maps key moments in the internet of things, with the creation of the first electronic communication devices in the 1800s to the launch of chip giant Intel's 'Internet of Things Solutions Group'."
Source: „The hottest transition going on in the industry today is the internet of things, the internet of everything, says John Chambers, CEO of Cisco. “A year ago I would have to buy people drinks to get them to understand how important it is that everything has become IP,” including 4G, he says. “Just a couple of weeks ago at the World Economic Forum it was forefront in how it can change the economies and directions.” Chambers — speaking at Mobile World Congress in Barcelona in February — proceeds to namedrop a list of world leaders he was talking to at the annual Davos
The four presentations touched upon the key issues that we are facing today. The atmosphere in the Meetups resembles that of the old guilds in the sense that it is not about the quantity, but the quality of the people. This quality is tied to having a set of skills and expertise that is always partial. The main characteristic of the attentdants then apart from feeling confident in some aspect of IoT is a deep curiosity and longing to share ideas and what is more important: worries, questions and hesitations.
Source: „A recent boom in partnerships between automotive and technology companies shows how many industries agree that collaboration is the way of doing business in the third era of the internet.
Proof of this trend can be seen in the recent boom of partnerships between automotive technology and information technology companies. GM, BMW, Volvo and Honda are linking up with the likes of Apple, IBM and Google.
The industry has realised that their existing 'plumbing' can be used to grow and innovate in partnership with technology firms.
Source: "A major challenge implementing the Internet of Things (IoT) is deploying large numbers of sensor and actuator nodes and connecting them in a suitable way. The characteristics of energy-harvesting wireless technology make it the perfect fit to bridge the last mile in an IoT network: small devices working without cables and batteries allowing a simple installation as well as quite easy gradual up-scaling in the number of deployed units. At the same time, the components require minimal service and maintenance effort.
But wireless and self-powered communication of the numerous nodes is just one building block for a wide adoption
Source: "You've likely seen glimpses of this concept in movies and TV shows.
Science fiction promises houses that will take care of you, instead of the other way around. Product designers have finally started to deliver on this vision of the future, and it seems that Google wants to help lead the way.
The Internet of Things involves the ability of home appliances to "talk" to each other.
There are already Philips light bulbs, Audi cars, and Samsung laundry machines that can communicate with smart phones, so why can't they make the next leap and talk directly to each other?"
Source: „ Councils vary wildly in their willingness to grasp the potential of digital services. Some are using digital technology to help them reshape services, create centres of innovation and harness the enthusiasm of their staff, while others still struggle to get their websites to work properly.
Too much investment has been made in large, unwieldy systems. In fact, local government has been doing the wrong digital activity really well for the past 10 years, according to Devon county council's Carl Haggerty, chair of the LocalGov Digital network. But this is now starting to change. Innovators, experts
D-CENT is a Europe-wide project creating decentralised and privacy-aware applications for direct democracy and economic empowerment. Together with citizens and developers, we are creating a decentralised social networking platform for large-scale collaboration and decision-making.
The panel will dive into new ways of strengthening citizens’ participation and deliberation in the political process by looking at already existing digital tools for open democracy and new frameworks for institutional innovation.
Source: "M2M Forum is the International leading conference & expo displaying business matching, one-2-one meetings and networking in the machine-to-machine and Internet of Things scenario. A comprehensive Conference Program features international case histories and experiences in the Energy & Smart Grid market.
A datum point for a selected target of C-level from user companies, Public Utilities, Public Administration and carriers, as for M2M and IoT start-ups willing to link to potential Venture Capitals through networking & business matching. 2013 Edition counted more then 1000 visitors and about 70 exhibitors.
Source: "Here is my review of the Mobile World Congress. This year, for the first time, I was invited to attend the GSMA Ministerial programme as part of my work in being the co-author for Digital world in 2030 report to be released in the European parliament next week
This blog is a personal perspective (i.e. related to the above report – but my own views).
It tracks disruptive trends and I present a perspective / viewpoint on the industry. It is biased towards IOT – which is also a personal focus – especially due to my teaching for ”Big data analytics and algorithms for cities” at the City sciences
Source: "The UK technology industry has welcomed government support for work on devices that communicate over the internet, but warned that security and infrastructure cannot be overlooked. At the weekend, prime minister David Cameron announced an additional £45m funding for the development of internet of things (IoT) technology at the CeBIT technology show in Germany. This takes government funding for IoT technology to £73m as part of efforts to make the UK a world leader in digital technology. But while there is agreement on the potential benefits of IoT technology