IoT Monetization, Moscow IoT Lab, New GE IaaS, IoT Transmitters, 7 Lessons, IoT Goes Too Far, Diving into IoT, Intel&Honeywell, IoT World Forum 2015
By Sally Bixby, Web Editor
The IoT Monetization Problem. This, from Bob O’Donnell, Founder and Chief Analyst at Technalysis Research, his article going beyond a simple view. “There’s the question of which companies really have all the capabilities to put together a complete solution in-house and then turn it into a profit-generating business. Yes, there are many companies that can offer a piece to the IoT puzzle, but only those companies that can offer a complete end-to-end IoT solution will be able to profitably benefit from it. The truth is, there are only a handful of those companies, at best.”
IoT in Moscow: Intel IoT Lab Focuses on Smart Buildings, Retail Solutions, blog from David McKinney on IoT@Intel. The Moscow lab features demos on existing Intel IoT solutions, such as: RTSoft smart energy and transportation solutions, Synesis video analytics solutions, an Auvix digital signage solution, and more. The most important focus of the lab is turning customer projects into commercial products and revenue.
GE Adds Infrastructure Services to Internet of Things Platform, writes Ron Miller on TechCrunch. GE just announced it was expanding its Predix Internet of Things platform to provide Infrastructure as a Service (IaaS). GE hopes to differentiate itself (from Amazon Web Services, Microsoft and others currently dominating the IaaS market) by offering infrastructure services specifically tuned to the needs of industrial customers.
Tim Greene post via NetworkWorld — Black Hat 2015: IoT devices can become transmitters to steal data. More opportunities, more worries, more security…read what’s up!
7 Lessons from the Internet of Things Frontier, from Chris Murphy’s post on Forbes last week. One of several statements from Michael Ottoman, COO of mFrontiers, “it’s almost always a business unit leader or product engineering team—not IT teams—driving the IoT conversation. Those groups lack the IT expertise to launch conventional on-premises systems to support IoT. They also don’t want to take on that upfront capital investment, especially when an IoT project is just in proof-of-concept stage.”
The Commercial Appeal’s Vivek Wadhwa brings us ‘When the Internet of Things goes too far’ revealing … my greatest concerns in all this are the loss of privacy and confidentiality. Our newly talkative devices will keep track of everything we do, and our cars will know everywhere we have been. Privacy will be dead, even within our homes.
An apt post following the above is: Diving Headfirst Into the Internet of Things on The NYTimes by Eric Taub. Withings Home, maker of Internet-connected health care products has come up with a multi-feature approach. In addition to standard video surveillance, Home also detects motion, sounds, air quality and, eventually, it will recognize babies’ cries and faces. If chemicals emitted from things like presswood furniture, cleaning products and nail polish remover reach a dangerous level, the app sends out an alert to open the window.
Take a read how Intel and Honeywell Team Up on IoT Security for Industrial, also from David McKinney that you don’t want to miss. “Technologies in the Industrial IoT space have a tremendous amount of potential, and we can’t let security concerns undermine that; instead, security has to enable the growth of industrial IoT, and that’s what our collaboration with Honeywell will do” says Raj Samani, VP and CTO, Intel Security.
FYI: The IoT World Forum 2015 happens November 18 & 19 in London if you’re looking to get face-to-face this Fall. Looks like a strong speaker line-up, i.e. Dr. Ian Goldin, Director of the Oxford Martin School at University of Oxford, will be presenting on “IoT’s Impact on Global Economics and Politics”