IoT Analytics published a report on how companies should build Internet of Things (IoT) solutions.
Based on analysis from several projects, the report advises a structured framework of five phases and useful examples of analyzed projects.
A great report has just been published by venture capital company Wing about the global panorama of Internet of Things startup companies and adoption by their target consumers.
The report is based on the analysis of 2,000+ deals, the context around the creation and exit activities, and interviews to IoT pioneers.
For years now, one's been talking about the internet of things (IOT) for the built environment. The only problem is that the world of commercial real estate runs on decidedly last-generation technology.
There’s nothing like the equivalent of the ubiquitous home or office Wi-Fi router to connect it all.
Despite all the fuzz behind the dumb devices getting chips and sensors to become smarter gadgets, or the Internet of Things, the Internet of Everything, and so on, the consumer market hasn't really picked up as predicted in several market trends and reports.
In this interview, Sokwoo Rhee, associate director of the Cyber-Physical Systems Program at the National Institute of Standards and Technology, suggests that the value for consumers might be in the services supplied with the whole solution and not just in the devices alone.
According to analyst firm Gartner, the number of internet-connected devices in the home will almost double each year up to 2018, by which time there will be almost 1.1 billion devices.
There is a huge opportunity for utilities to ride this IoT wave and deliver smart home technology and services to consumers.
While smart home technology has evolved rapidly over the past few years, there are still too many barriers to its wide-scale adoption, especially to interoperability and integration among different suppliers. This represents one of the opportunities for service providers and utilities: to provide a single hub and app, linking disparate connected home technologies together.
Sensor applications of all conceivable types will drive the expansion of the IoT. The application fields range from production machines to healthcare and from cars to smart homes. The Trillion Sensor Summit offered a snapshot of an exploding universe. Between 2007 and 2014, this market has grown from $2 billion to $13 billion annually. At the same time, the complexity of these sensors exploded from 1000 to 1 million transistors per sensor. And this expansion wont stop by no means in the overseeable future.
One of the biggest hurdles to unlocking the seamless, connected home is getting all of the stuff to communicate with all of the stuff. Simple, right? Until now, that has been solved by home automation platforms that run on closed systems in which security and cable companies can carefully construct the user experience.
But consumers will eventually want -- or demand -- more open systems in which they can customize the hardware they want to integrate over the same network. To move closer to this reality, a new industry group is aiming to bring multiple devices onto a single platform. Google’s Nest Labs, Samsung and others announced a new mesh networking protocol that could potentially achieve more success in opening up the home than have other efforts thus far.
The standard, called Thread, was launched by the Thread Group. It also includes founding members Freescale, ARM, Big Ass Fans, Silicon Labs and Yale Security.