SHENZHEN, CHINA – Shenzhen is one of the fastest growing cities in the world. Home of the Shenzhen Stock Exchange and the headquarters of numerous technology companies, the now bustling former fishing village is considered an IoT hub. (Photo by Daniel Berehulak/Getty Images)
Gartner’s Hype Cycle for Emerging Technologies, 2014—sort of a Farmer’s Almanac for businesses working toward digital integration by leveraging emerging technologies—predicts that the public imagination of what the Internet of Things will do for us will continue to run wild for the next five to 10 years.
Right now, more than anything else, we’re imagining IoT technology helping optimize global food production. And we need all the help we can get.
Consider the number of the packaged products in the world, and that the possibility that each could be interactive either within the supply chain as part of the manufacturing process or as a retail product that interacts with the retailer and/or consumer.
All of a sudden the size of the Internet of Things (IoT) becomes unimaginably big and adding way more packages as well. And right now, UPS and FedEx still leave you a ratty Post-It Note to let you know they missed you.
Many people scoffed in January 2014 when Cisco CEO John Chambers pegged the “Internet of Everything” as a potential $17 trillion market, five to 10 times more impactful on society than the Internet itself. Two years later, it seems that Chambers’ prediction for the phenomenon more commonly known as the Internet of Things (IoT) could be on the conservative side.
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The Internet of Things (IoT) will soon become a significant channel through which brands will be able to create and deepen relationships with their customers, a new Forrester report suggests.
Tens of billions of IoT sensors will appear, embedded in connected objects such as the pictured Miele oven, connected using Microsoft technoloy, in the next five to 10 years, predicts the report, The Internet of Things redefines brand engagement.
The manufacturing industry talks a lot about the Industrial Internet of Things (IIoT), but the discussion right now is really about connectivity. To truly gain value out of smart devices talking to each other, the industry needs applications that leverage this new distributed intelligent architecture. And, in reality, you need more than that. To truly benefit from IIoT, companies need to create a new kind of industrial ecosystem that brings together device connectivity, data integration, analytics, the cloud and mobility.
Two of tech’s more venerable names—Nokia and Microsoft—acquired Internet of Things startups recently. Nokia bought French wearables company Withings for $191 million, while the price of Microsoft’s purchase of Italian cloud specialist Solair was undisclosed. But both these tech giants, once at the top of their industries, might be expecting too much from the much ballyhooed Internet of Things.
As a tech expert, I pondered over the topic, and realized that this is indeed discerning, as the marketing game has turned a whole three sixty degrees. There are many path-breaking ideas one stumbles across, which can help mankind in the long run. But somewhere in between the process of the ideation and actuating the design, the product gets lost in oblivion. Let me explain “how to validate your idea and get the ball rolling in the market.”
Organized by RE•WORK, the annual Machine Intelligence Summit in Berlin in 29 & 30 June brings together leading industry players, exciting new startups and breakthrough research to create smarter and more efficient homes. The event will showcase the next generation of home automation devices, powered by the internet of things, connected devices, low cost sensors, speech recognition and virtual assistants.
Camgian Microsystems’ star participant in the “Internet of Things,” the fourth generation of the Internet, has been improved and will soon be running smart infrastructure for the U.S. Army Corps of Engineers on the Ohio River, said Gary Butler, chairman and chief executive officer.
Microsoft has scooped up Internet of Things (IoT) outfit Solair in a bid to boost its own enterprise IoT offering.
Italian firm Solair has been operating in the IoT market for around five years, helping customers in sectors such as manufacturing, retail, food & beverage and transportation to connect up devices and gain value from data collected from them.
“Internet of things” is, at face value, a pretty meaningless buzzword. It refers to the multitude of tiny, energy-efficient gadgets with Wi-Fi connectivity that are filling up our lives — ‘net-connected kettles and powerboards and sprinkler systems.
But it also refers to the broader technology standards and infrastructure that allow these devices to exist, and to talk to the Web and to each other — and it’s this infrastructure that lets you build yourself a home from the future.