Source: "Simon Edelsten, manager of the Artemis Global Select Fund, has told What Investment that while there are many opportunities offered by the technology sector, investors should pay little heed to the hype around the so-called ‘internet of things’.
The 'internet of things' is a phrase used to describe the trend towards all devices, such as household appliances and cars, being connected to the internet.
Edelsten remarked: ‘The internet of things has been around for years, and it does nothing. I mean ok,
Source: „The Internet of Things has been hyped for 15 years, but until now technological realities haven't supported technological possibilities.
Today, given the confluence of cheap semiconductors, telecom operators with excess capacity and a new generation of open source data infrastructure, IoT is not simply possible, but probable. The question is what developers will do with it. Ultimately, as I've written, big money awaits developers who can turn IoT's Big Data into cross-device services.
Source: "You may soon be able to use your smartphone to track how much water you’ve used in your home, check your insulin level or get a text when a smoke alarm goes off when you’re away.
Ayla Networks, an Internet of Things (IoT) platform provider focused on connecting devices to its cloud platform, announced today that it has closed a $14.5 million Series B financing round with new investments from Cisco and SAIF Partners, one of China’s largest venture capital firms. Other investors in this round included the International Finance Corporation
Source: „Fridges that talk, watches that listen and thermostats that learn your secret domestic habits: these are some of the most visible examples of the so-called “internet of things” (or “IoT” for aficionados). Cisco, the global computing hardware group, is a big supporter of IoT. It announced yesterday that it was increasing its investment in early-stage companies in the sector to $250m over two to three years, up from the $100m it announced in January. It also unveiled three minority investments:
Source: "During the opening of the Hannover Messe trade fair on 6 April, Dutch Prime Minister Rutte suggested in his speech that the German evolution to Industries 4.0 also meant a revolution for Dutch industry: “A revolution in which the classic industrial production and sales operations are becoming increasingly intertwined with delivering full-service and network thinking in the entire production process. Across borders. Product and price continue to be important, but are increasingly less all-determining for business success.
Source: „This year, the “IoT Week” is being held in the UK – in London the week beginning the 16th June. This also coincides with London Technology Week. We are very keen to see a large turnout from the IoT SIG membership. There are only a few days left to take advantage of an Early Bird registration. Tickets are priced at just €299.00 until Monday the 5th May. This covers entrance and refreshments for workshops, seminars and exhibition for three days.
Source: „Mike Loukides says it's time to stop nibbling around the notion of standards, interoperability, and the Internet of Things. "It's time to say loud and clear: we won't build the Internet of Things without open standards," he states.
It's clearly more than just a philosophical issue. The magic of the Internet of Things doesn't lie in a single device, but in what multiple devices can do when they communicate with each other. A plethora of non-connecting, proprietary devices could alienate consumers and set back adoption for
Source: „As the smart grid infrastructure and smart meters become more ubiquitous, attention on this Earth Day is turning to implementing smart technology to help create smart cities. As cities become ever more crowded traffic and gridlock, sufficient energy production, and adequate water and food resources will challenge their infrastructures.
According to the Smart Cities Council, “Urban populations will increase by an estimated
Source: „With the incredible rise in the number of mobile devices we can also see the advent of the Internet Of Things. Every device, mobile or otherwise, that has some ability to generate an interesting stream of data is getting "sensorized" and connected. The resulting streams of big data provide a wild new frontier for intelligence mining. We at Taneja Group see this trend opening up huge opportunities to build intelligent applications that can actively optimize and direct just about any system that is dynamically programmable.
Source: "Some science fiction novels have featured the ability of a toilet to sample your waste and report on your health. That may soon be a reality with the Internet of Things. While it may seem a bit, well, gross, it could be very beneficial and the new availability of sensors and the diagnostic power of software combined with cloud-based services could make it happen.
What Your Toilet Could Detect
In the very near future, sensors might be embedded in your toilet bowl.
Source: "Connecting physical objects through the Internet, and creating new information and business models -- it is called the Internet of Things. Here's an example. Footage is recorded through numerous surveillance cameras on expressways and data is collected but instead of simply having the two pieces of information relayed, the Internet is used to help connect the two, and provide authorities better control of the traffic system. And there will be many more examples to list in the future with the concept evolving into what's called the Internet of Everything.
Source: "In 2003 I took a short sabbatical from a generous O2 and wrote a book called The Rise and Rise of the Superuser. It was either a searing insight into how our society was fragmenting into two distinct groups, regardless of age, gender or class, or the delusional ramblings of a young man with an over-strong point of view. Judgment varied, depending on one’s perspective (author versus reader, perhaps).
Source: "Remember pictures from old factories where a low-level employee roamed the factory floor on a regular schedule, writing down on a clipboard readings from gauges and other instruments? Who knows when his supervisor ever looked at the results, and what value they actually had to monitoring and optimizing performance.
Fast forward to GE’s Durathon battery factory in Schenectady, where 10,000 sensors on the assembly line — plus others embedded in each battery
Source: „The lack of privacy and security could be a major disabler for the Internet of things (IoT), speakers said April 24 at the 2014 Association of National Advertisers Advertising Law & Public Policy Conference. The IoT involves the ability of physical objects to connect to the Internet. Risks to the privacy and security of data are some of the “greatest threats” to the IoT, Christin McMeley, a partner at Davis Wright Tremaine LLP in Washington, said.