Source: “Unless you've been living off the grid for a decade, you've probably heard of the "Internet of Things" by now. Sites like Barron's have hailed it as "The Next Industrial Revolution." And Wired says we can't even fathom how transformational the Internet of things (IoT) will ultimately be. It's just too early. But if it's hard to extrapolate how far this technology will reach, it's a little easier to see the specific applications that could be revolutionary in just a few years. We asked three Motley Fool contributors
Source: Technological optimism is buzzing at the Consumer Electronics Show this week. Prototypes of autonomous cars, wearable technology, and Internet of Things innovations are taking center stage. But not everyone is sold on the coming IoT utopia. Federal Trade Commission Chairwoman, Edith Ramirez, laid out three main concerns facing the Internet of Things in her CES keynote:
Source: “Bonaverde, a coffee start-up out of Berlin, gave me a look at its new coffee machine at CES 2015. This machine roasts, grinds, and brews coffee in one shot, giving you a super fresh cup of coffee every time. To use the machine, take green, un-roasted coffee purchased from Boaverde, place it in the roasting chamber on the top of the device, and scan the included RFID tag. The machine will automatically roast, grind, and brew you coffee using a “rain shower” (drip) brewing method.
Source: “Pennsylvania State Police issued a warning about high-tech pickpockets — thieves who steal credit card information without even having to look inside a victim’s wallet.
“I am not aware of any reports of digital pickpocketing in our area. It is, however, something that people definitely should be aware of in order to protect themselves,” said Trooper Shannon Yorke, of the state police’s Community Services Unit at Troop N in West Hazleton.
Although the chance of being scammed by a digital pickpocket is low, police explained
Source: “Without government supported initiatives in the UK, these companies may be tempted to move their business overseas, and the UK would lose some of its advantage. There is still a risk this could happen if momentum isn’t sustained. The UK has a short window of opportunity to do this well. The government strategy for the IoT needs to be followed by more investment in research and development. To convert this investment into an Internet of Important Things, there need to be new efforts to couple test beds with active
Source: “The Internet of Things may be in its early stages but it's evolving rapidly -- and experiencing some difficult growing pains. As expected, the Internet of Things was one of the dominant themes at the Consumer Electronics Show. Everyday devices packed with sensors and radios that allow them to collect and transmit data to other gadgets were everywhere. But I was still surprised by the tremendous diversity of such devices on display. For example, I saw a tea kettle from
Source: “On Tuesday afternoon, Federal Trade Commission Chairwoman Edith Ramirez offered sobering perspective to CES' unbridled enthusiasm for consumer products that gather data on you around the clock. Just the evening before, CES keynote speaker and Samsung Consumer Products CEO Boo-Keun Yoon had breathlessly described the future in the Internet of Things (IoT). But, while hundreds of companies are eager to sell consumers a plethora of connected devices, the FTC has been working to remind those companies
Source: “2015—Standards group GS1 US has released its Tagged-Item Performance Protocol (TIPP), a guideline that includes a scale for grading the performance of EPC ultrahigh-frequency (UHF) RFID tags when used on specific products and in specific environments, as well standardizing the testing conducted to identify that grade. The TIPP guideline—a set of four documents developed by GS1 US's Item Level RFID Workgroup—is intended to make it easier for both retailers and suppliers
Source: “If ever Americans sell their birthright, it will be for the promise of expediency and comfort delivered by way of blazingly fast Internet, cell phone signals that never drop a call, thermostats that keep us at the perfect temperature without our having to raise a finger, and entertainment that can be simultaneously streamed to our TVs, tablets and cell phones.
Likewise, if ever we find ourselves in bondage, we will have only ourselves to blame for having forged the chains
Source: “BlackBerry wants in on the Internet of Things, in which any and every thing connects to the Net and talks to each other.
Sandeep Chennakeshu, president of the company's BlackBerry Technology Solutions unit, unveiled plans to push the BlackBerry IoT platform. The company will initially go after the automotive and asset-tracking industries, but Chennakeshu said the platform is flexible enough to tackle different areas.
BlackBerry is the latest to talk up the Internet of Things,
Source: “If tech firms have their way, everything you use on a daily basis, from your toothbrush to your car, will one day be connected to the Internet.
At this year’s International CES — the consumer tech industry’s annual Las Vegas confab -- you can’t go more than a few steps without hearing someone talking about a way to connect something new to the Internet. But as companies rush to create apps and embed chips in everything from
Source: “Virgin Atlantic’s technology leader David Bulman explores the application, ownership and impact of big data and IoT.
David Bulman, director of IT at Virgin Atlantic, is not expecting the Internet of Things to prove its business value at some time in the future — he’s seeing it do just that right now. “What’s the business potential for the Internet of Things? I don’t think there’s potential. It’s a reality that’s already here,” according to Bulman. And his company is already working with objects connected to the Internet on a huge scale.
Source: “We've talked plenty about how the Internet of Things has become the biggest category at CES — a broad descriptor that basically means "everything is connected." Sometimes that's a flowerpot. One day it might be chairs. The Internet of Things's logical conclusion is The Internet of Everything. And that includes guns. TrackingPoint is an Austin startup known for precision-guided firearms and has also experimented with Google Glass, letting you shoot from behind cover. The company, ...has just announced ShotView, an iOS and Google Play app that lets a hunter stream video from his or her gun to anyone in the world.”
Source: “In 2020, every single product that Samsung sells will be connected to the Internet of Things. But what is the Internet of Things? For one, it's a dry buzzword that basically every company at the Consumer Electronics Show this week can't stop talking about (it's been that way, to a somewhat lesser extent, for a couple years now). But this year, Samsung is really trying to make it a big deal. On stage during a keynote presentation this evening, Samsung CEO BK Yoon